The import of granulated slag to the UK is projected to increase steadily from 2024 to 2028, following an upward trend initiated before 2024. The forecasted values demonstrate a continuation of growth, with incremental year-on-year increases totaling approximately 19.2% over the five-year period. This indicates a compound annual growth rate (CAGR) of about 4.5%, reflecting sustained demand for granulated slag in industries such as construction and steelmaking.
Future trends to watch for include:
- Possible fluctuations in global steel production that could impact slag supply and pricing.
- Environmental regulations influencing the adoption of slag as an eco-friendly material in various applications.
- Technological advancements enhancing the efficiency of slag processing and its use in value-added products.