Phenolic resin imports to the UK are forecasted to decline steadily from 2024 to 2028, starting at 5.7693 million kilograms in 2024 and decreasing to 4.2992 million kilograms by 2028. This represents a year-on-year decrease of approximately 6.5% from 2024 to 2025, 6.9% from 2025 to 2026, and a consistent decline through 2028. Notably, the compound annual growth rate (CAGR) over these five years is negative, highlighting a persistent downtrend in import volumes.

Future trends to watch for include:

Potential shifts in global supply chains affecting availability and pricing.
Technological advancements in alternative materials that could further reduce demand.
Regulatory changes concerning environmental and safety standards influencing usage.