The data for additives and oxygenates available for final consumption in the UK reveals a steady decline from 2024 to 2028. Starting at 3.86 thousand tonnes of oil equivalent in 2024, the figure is projected to decrease to 1.46 by 2028. This marks a significant year-on-year decline in volume with a notable compound annual growth rate (CAGR) over the forecast period. This trend aligns with evolving regulatory environments and technological shifts towards reducing reliance on non-renewable fuel components.
Future trends to watch for include advancements in alternative fuel technologies and government policies aimed at further reducing environmental impacts, which might accelerate the decline in demand for traditional additives and oxygenates.
