The UK's isocyanate imports are projected to marginally decline over the next five years. In 2023, imports stood at approximately 40.85 million kilograms. Year-on-year variations anticipated from 2024 to 2028 reflect a gradual decrease, indicating a mild downturn trend. The average compound annual growth rate (CAGR) suggests a slight downward shift over the five-year period.
Future trends to watch for include potential shifts in demand due to environmental regulations impacting isocyanate usage, fluctuations in manufacturing activities, and trade dynamics due to geopolitical factors. Monitoring advancements in alternative materials may also influence future import levels.
