The UK re-import of asbestos brake linings and pads is forecasted to increase steadily from 58.51 thousand kilograms in 2024 to 72.76 thousand kilograms in 2028. This marks a consistent growth pattern, with a compound annual growth rate (CAGR) of approximately 5.5% over this five-year period.
As of 2023, the volume stood at a lower level reflecting the growth projected in subsequent years. The year-on-year increase from 2024 onwards ranges between 5.5% to 5.7%, showcasing a gradual but consistent upward trend.
Future trends to watch include regulatory changes impacting asbestos use, technological advancements in brake pad materials, and shifts in automotive manufacturing policies. Monitoring these factors could provide insights into potential disruptions or adaptations needed in the market.
