The forecast for the sold production of silicones in primary forms in Italy indicates a steady decline from 2024 to 2028. Starting from a base value of €23.315 million in 2024, the yearly decreases are significant, with the market value projected to fall to €11.336 million by 2028. This represents a compound annual growth rate (CAGR) of approximately -16% over the five-year period. Compared to 2023, when the value was considered at approximately €26 million, the downward trend demonstrates a critical need for adaptation in the sector.
Future trends to watch for include:
- Technological advancements that may alter production and application techniques, potentially reversing the decline.
- Fluctuations in raw material costs or regulatory changes impacting production economics.
- Increasing demand in specific segments such as healthcare or electronics, which may counterbalance overall decline.
