The Styrene Polymers Market in Romania has seen a significant upward trend from 2013 to 2023, with the market volume reaching 201.03 million kilograms in 2023. Over the past decade, the market displayed fluctuations, notably with substantial growth in 2016 and moderate declines in 2017. The last two years have seen consistent growth with an approximate year-on-year increase of 4.17% in 2023. The compound annual growth rate over the past five years stands at 2.04%, indicating steady progress in the market.
Future trends to watch include:
- Continued demand driven by key industries such as automotive and packaging.
- Potential impacts from environmental regulations limiting polymer production.
- Advancements in sustainable styrene alternatives might influence market dynamics.
How does Romania rank in Styrene Polymers Market Size Volume?
| # | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 729,850,000 | 2023 | -2.04% | -3.49% | View data |
| 2 | 2 France | 399,980,000 | 2023 | +2.39% | +0.82% | View data |
| 3 | 3 United Kingdom | 237,170,000 | 2023 | +0.9% | +0.66% | View data |
| 4 | 4 Romania | 201,030,000 | 2023 | +4.17% | +2.04% | |
| 5 | 5 Portugal | 115,860,000 | 2023 | -2.67% | -3.1% | View data |
| 6 | 6 Slovakia | 102,280,000 | 2023 | +1.39% | +1.16% | View data |
