The synthetic rubber market in Italy has exhibited a mixture of contraction and stabilization over the past decade. From 2012 to 2022, the market volume decreased from 676.18 million kilograms to 620.44 million kilograms. Sharp declines were observed from 2012 to 2014. A modest recovery appeared from 2015 to 2018, followed by slight fluctuations. The year 2019 observed a notable dip, followed by a recovery in 2020 and 2021, and a slight decline again in 2022. The year-on-year variations indicate minor fluctuations, with significant drops and modest recoveries.
Future trends to watch for:
- Technological advancements in synthetic rubber production, which could impact market dynamics positively.
- Regulatory changes and environmental policies targeting sustainability and reducing carbon footprints.
- Market demands shifting towards specialized high-performance synthetic rubbers.
- Potential impact of global supply chain disruptions on raw material availability.
How does Italy rank in Synthetic Rubber Market Size Volume?
| # | 8 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 869,850,000 | 2023 | +2.31% | -0.22% | View data |
| 2 | 2 Italy | 607,010,000 | 2023 | -0.29% | -0.27% | |
| 3 | 3 France | 554,360,000 | 2023 | -0.78% | -0.22% | View data |
| 4 | 4 Czech Republic | 220,150,000 | 2023 | +2.79% | +2.26% | View data |
| 5 | 5 Spain | 205,200,000 | 2023 | +0.44% | -2.22% | View data |
