The production of fluoropolymers in Italy is forecasted to increase slightly from 24.182 million kilograms in 2024 to 24.191 million kilograms in 2028. This represents a very modest compound annual growth rate (CAGR) of approximately 0.01% over the five-year period. For context, the production stood at 24.180 million kilograms in 2023, indicating almost negligible variations year-on-year, with less than a 0.1% increase each year.
Future trends to watch for:
- Technological advancements in production methods which could impact efficiency and output.
- Changes in environmental regulations that could affect production practices and overall capacity.
- Market demand shifts driven by innovations in industries that use fluoropolymers, such as automotive, electronics, and healthcare.