The UK’s import of diols other than ethylene and propylene glycol is projected to steadily increase over the next five years, with values moving from 21.26 million kilograms in 2024 to 21.889 million kilograms by 2028. This indicates a continuous upward trend reflective of a compound annual growth rate (CAGR) of approximately 0.73% from the 2023 baseline. The year-on-year growth shows a consistent and gradual increment indicative of stable demand in the UK market.
Future trends to watch for:
- Potential shifts in global supply chains affecting availability and pricing.
- Technological advancements impacting the production and usage of diols.
- Regulatory changes in chemical importation that could alter market dynamics.
- Environmental policies promoting more sustainable chemical alternatives.
