The polyurethanes market in the UK has witnessed fluctuations over the past decade, beginning from 497.31 million Euros in 2012 to 584.83 million Euros in 2022. Significant year-on-year variations include a peak increase of 15.74% in 2021 following a substantial decline of -16.04% in 2020, primarily caused by the COVID-19 pandemic. Over the past five years, the market has a mixed CAGR, signifying periods of both growth and decline. CAGRs from various notable periods reflect a low but positive growth trajectory.
Future trends to watch for include:
- Impact of sustainable and eco-friendly initiatives on polyurethane production.
- Technological advancements in polyurethane recycling and reusability.
- Regulations and policies impacting the chemical industry and usage of polyurethanes in consumer products.
- Potential market recovery and growth post-pandemic as industries resume full operations.
How does the United Kingdom rank in Polyurethanes Market Size Value?
| # | 10 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 1,670,800,000 | 2023 | -0.2% | -1.17% | View data |
| 2 | 2 United Kingdom | 590,970,000 | 2023 | +1.05% | +1.06% | |
| 3 | 3 Spain | 382,120,000 | 2023 | +0.92% | -1.67% | View data |
| 4 | 4 Poland | 282,150,000 | 2023 | +3.08% | +2.57% | View data |
| 5 | 5 France | 239,050,000 | 2023 | +1.14% | +3.41% | View data |
