The sold production of pigments, including metallic powders and flakes, dispersed in non-aqueous media used in paints manufacturing in the UK is forecasted to decline steadily from 12.024 million kilograms in 2024 to 10.538 million kilograms in 2028. This trend represents a consistent yearly decrease of around 3.2% in volume. Compared to 2023, the forecast reflects a potential industry contraction as environmental regulations and shifts in consumer preferences might impact production volumes. Over a five-year horizon, this represents a compound annual growth rate (CAGR) of approximately -3.3%.
Future trends to watch include increasing emphasis on sustainable and eco-friendly paint ingredients, which could drive innovation and alter demand dynamics for traditional pigments. Additionally, advancements in digital printing and coatings technology may reshape the market landscape.