The Acrylic Polymers market in Hungary has demonstrated fluctuating growth from 2013 to 2023, reaching 31.037 million kilograms in 2023. Notable expansion occurred from 2013 to 2015, followed by steady growth until 2018. A downturn was noted in 2019 and 2020, yet recovery resumed in 2021, sustaining through 2023. The compound annual growth rate (CAGR) over the last five years is modest at 1.46%, reflecting gradual recovery with a 5.2% year-on-year rise from 2022 to 2023.
Future trends to watch for:
- Technological advancements affecting production and efficiency.
- Environmental regulations influencing market dynamics.
- Economic factors impacting demand within consumer industries.
- Rising interest in sustainable and recyclable materials potentially driving innovation in acrylic polymers.
| # | 15 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 463,360,000 | 2023 | +4.42% | +6.68% | View data |
| 2 | 2 Poland | 314,540,000 | 2023 | +3.01% | +2.5% | View data |
| 3 | 3 Spain | 167,860,000 | 2023 | -0.4% | +1.35% | View data |
| 4 | 4 Czech Republic | 107,630,000 | 2023 | +10.02% | +11.24% | View data |
| 5 | 5 United Kingdom | 98,021,000 | 2023 | -5.34% | -4.7% | View data |
| 10 | 10 Greece | 41,299,000 | 2023 | +2.91% | +3.89% | View data |
| 11 | 11 Portugal | 35,874,000 | 2023 | +2% | +2.35% | View data |
| 12 | 12 Hungary | 31,037,000 | 2023 | +5.2% | +1.46% | |
| 13 | 13 Slovakia | 16,978,000 | 2023 | +3.99% | +4.79% | View data |
| 14 | 14 Croatia | 16,382,000 | 2023 | +7.23% | +8.08% | View data |