The market for acrylic polymers in Denmark has experienced a varied growth trajectory from 2013 to 2023. After witnessing some fluctuations, the market showed a consistent upward trend in recent forecasted years. Specifically, the market value increased from 87.348 million Euros in 2013 to an estimated 128.73 million Euros in 2023, exhibiting steady growth thereafter reaching 144.34 million Euros by 2028.
- 2013: -8.33%
- 2014: +26.27% (CAGR: 6.6%)
- 2015: +7.89% (CAGR: 9.68%)
- 2016: -16.97% (CAGR: 1.18%)
- 2017: +5.13% (CAGR: 1.74%)
- 2018: +8.4% (CAGR: 5.21%)
- 2019: -2.82% (CAGR: -0.16%)
- 2020: -2.9% (CAGR: -2.24%)
- 2021: +15.07% (CAGR: 4.35%)
- 2022: +2.66% (CAGR: 3.86%)
- 2023: +2.56% (CAGR: 2.71%)
- 2028 Forecast: 5-year CAGR: 1.82%, 5-year Growth Rate: 9.41%
In the coming years, the market is expected to grow steadily with a forecasted average annual growth (CAGR) of 1.82% over the next five years. Key trends to watch include advancements in acrylic polymer applications, increased demand from end-user sectors, and innovations in eco-friendly polymer production methods.
