The forecasted sold production of paints and varnishes based on polyesters in the UK shows a steady increase from 2024 to 2028, with values rising from 9.65 million kilograms to 10.87 million kilograms. This indicates a year-on-year growth trend of approximately 3% to 3.5%. In 2023, the production stood at around 9.35 million kilograms. The compound annual growth rate (CAGR) over the forecast period is about 2.9%, reflecting consistent expansion.
Future trends to watch include technological advancements in paint formulations, an increasing demand for eco-friendly and sustainable products, and regulatory changes impacting production practices. Additionally, the growth of the construction and automotive industries could further boost demand.
