The sold production of Polyamides in primary forms (excluding specific types) in the UK shows an upward trend from 2024 to 2028, with volumes forecasted to increase steadily from 919,010 kg in 2024 to 1,058,600 kg in 2028. This represents a Compound Annual Growth Rate (CAGR) of approximately 3.5% over these five years.
Year-on-year, the production volume is expected to grow by 3.9% between 2024 and 2025, 3.7% between 2025 and 2026, 3.5% between 2026 and 2027, and 3.3% between 2027 and 2028.
In 2023, the actual production stood at 885,000 kg, implying a year-on-year increase of about 3.8% from 2023 to 2024.
For future trends, it is crucial to monitor the adoption of eco-friendly and sustainable polyamide production practices as regulatory pressures and consumer preferences continue evolving, potentially driving demand for alternative production methods and materials.