In 2023, the sold production of paints and varnishes based on polyesters dispersed or dissolved in a non-aqueous medium stood at 50 million euros in the UK. The forecasted data from 2024 to 2028 suggests a steady upward trend. Year-on-year growth is projected at approximately 2.9% on average, reflecting a robust demand and a stable industry growth trajectory.
Future trends to watch for include:
- Increasing demand for eco-friendly and sustainable products, potentially driving innovation and shifts in production methods.
- Regulatory changes in the UK and the EU potentially impacting industry standards and practices.
- Technological advancements for improved efficiency and cost-effectiveness in production.