In 2023, the sold production of exfoliated vermiculite, expanded clays, and foamed slag in the UK was approximately 14 million Euros. The forecast from 2024 to 2028 shows a steady decline: a 2.3% reduction in 2025, followed by yearly decreases of roughly 2.3% to 2.5%. The compound annual growth rate (CAGR) over the five-year period predicts an average annual decline of about 2.4%.
Future trends to watch for:
- Innovations in construction materials potentially affecting demand.
- Environmental policies influencing production and consumption patterns.
- Economic factors, including input cost variations and global trade dynamics.
