The UK’s opening stock of additives and oxygenates, excluding biofuel portions, is projected to decrease progressively from 2024 to 2028, falling from -139,000 metric tons in 2024 to -170,000 metric tons in 2028. As of 2023, the opening stock stood at approximately -131,000 metric tons, indicating a continuing downward trend. The year-on-year decrease is consistent, averaging around 5.5% annually, with the compound annual growth rate (CAGR) anticipated at around -5.2% from 2024 to 2028.
Future trends to watch for include potential changes in regulatory frameworks impacting the production and use of additives and oxygenates, shifts in consumer demand for alternative fuels, and technological advancements aiming to reduce the reliance on such substances in the energy sector.
