In 2023, the sold production of bituminous mixtures in the UK was reported at 18.767 billion kilograms. From 2024 onwards, a moderate and steady increase is forecasted, with yearly growth rates around 0.53% to 0.55% through 2028. Over the five-year forecast period, the compound annual growth rate (CAGR) is approximately 0.52%, suggesting a stable upward trend in production.
Future trends to watch include:
- Potential impact of emerging environmental regulations on production methods and materials used.
- Technological advancements in road construction materials influencing production volumes.
- Market demand fluctuations driven by infrastructure projects and economic conditions.