The Isocyanates market in the UK has demonstrated fluctuating growth over the past decade. After a setback in 2015 and again in 2020, the market rebounded with significant growth in 2021. Over the last two years, the market increased from 2021 to 2022 by 2.34%, reflecting a recovery trend post-pandemic. The compound annual growth rate (CAGR) over the last five years is at 3%, indicating moderate growth despite past volatility.

Future trends to watch for:

Increasing demand for polyurethane in construction and automotive sectors may drive market growth.
Innovation in eco-friendly isocyanate production techniques.
Regulatory changes and sustainability trends impacting production methods and usage.
Market expansion driven by emerging applications in the electronics and medical industries.