Forecast: Mixted Odoriferous Substances for Industrial Use Market Size Value in Norway

The market size for mixted odoriferous substances for industrial use in Norway is expected to decrease from $240.29 million USD in 2024 to $212.51 million USD in 2028. This represents a consistent year-on-year decline, with the value falling by approximately 2.94% each year from 2024 to 2025, 3% from 2025 to 2026, 3.06% from 2026 to 2027, and 3.12% from 2027 to 2028.

The compounded annual growth rate (CAGR) over the forecasted five-year period is approximately -3.05%. In 2023, the value was higher than the forecasted values for subsequent years, indicating a downward trend in market size.

Future trends to watch for in this market include:

- Innovations in eco-friendly and sustainable odoriferous substances- Potential regulatory changes that might impact market dynamics- The influence of industrial demand shifts on the need for mixed odoriferous substances

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