The production volume of expansible polystyrene in primary forms in Italy is projected to decline significantly from 2024 to 2028. Starting at 35.771 million kilograms in 2024, it is expected to decrease each year, reaching 10.612 million kilograms by 2028. This represents a substantial contraction in the market.
Year-on-year, the projected drop is substantial: -17.85% from 2024 to 2025, -21.47% from 2025 to 2026, -27.13% from 2026 to 2027, and -36.86% from 2027 to 2028. The compound annual growth rate (CAGR) over this forecast period is approximately -27.71%, highlighting a considerable shrinkage in production.
Future trends to watch for include potential technological advancements in production efficiency, shifts in demand due to environmental concerns, and changes in regulatory policies regarding the use of polystyrene. These factors could significantly impact the pace and direction of this declining trend.
