In 2023, the sold production of epoxide resins in primary forms in Belgium stood at 25.1 million Euros. The forecast data from 2024 to 2028 shows a consistent year-on-year increase. From 2024 to 2025, the value is expected to grow by approximately 3.36%, followed by a 3.23% increase from 2025 to 2026. The trend persists with a 3.09% rise from 2026 to 2027 and a 2.97% growth from 2027 to 2028.
Over the last two years, the growth rates are positive but slightly decelerating each year. The compound annual growth rate (CAGR) from 2024 to 2028 is projected to be around 3.34%, indicating stable but modest growth in the sector.
Future trends to watch for include advancements in production technology, increasing demand for sustainable and eco-friendly products, and potential impacts of regulatory changes on the chemical industry. Economic factors such as supply chain disruptions and raw material costs will also play crucial roles in shaping the market dynamics.
