The polyurethanes market size in Spain exhibited varying trends from 2013 to 2023, with fluctuations in annual growth rates. The market stood at 382.12 million Euros in 2023. Key years like 2017 and 2018 saw significant growth, while 2019 experienced a notable decline. The CAGR over the past five years, at -1.67%, indicates an overall negative trend, despite some positive increments in recent years like 2022 and 2023.

Future trends to watch for include:

Steady growth forecasted with a 2028 market size of 399.09 million Euros.
A forecasted 5-year CAGR of 0.69%, suggesting gradual recovery.
Industry shifts towards sustainable practices and the increasing adoption of bio-based polyurethanes.
Technological advancements in manufacturing processes improving product efficiency.