The UK market size for halogen or sulphur compounds of non-metals is forecasted to remain relatively stable from 2024 to 2028, showing a slight downward trajectory in volume from 29.099 million kilograms in 2024 to 28.872 million kilograms in 2028. Prior to this forecast period, the actual market size in 2023 stood at an estimated 29.15 million kilograms. Annual declines are minimal, with year-on-year decreases suggesting a stagnant market environment. Over the next five years, the compound annual growth rate (CAGR) reflects a gentle decline, emphasizing a generally flat market landscape for these compounds.
Future trends to watch for include technological advancements and regulatory changes that may impact production efficiency or environmental considerations. Economic factors, such as fluctuations in industrial demand or shifts in competitive landscape, may also influence market dynamics, potentially reversing the current stable trend.
