The production of diols, polyalcohols, and cyclical alcohols in the UK is projected to steadily increase over the next five years, with volumes rising from 12.015 million kilograms in 2024 to 14.064 million kilograms in 2028. Compared to actuals from 2023, there is a notable upward trend in production. The year-on-year growth rates reflect this positive trajectory: 4.4% in 2025, 4.12% in 2026, 3.87% in 2027, and 3.66% into 2028. Overall, the compound annual growth rate (CAGR) over this period is expected to be approximately 3.8%.
Future trends to watch include advancements in manufacturing technologies, potential shifts in demand driven by sustainability trends, and regulatory changes impacting raw materials use. Additionally, macroeconomic factors could influence production costs and supply chain dynamics, potentially affecting future production volumes.