From 2012 to 2022, the market size value for compound stabilisers in Belgium exhibited fluctuations. After a decline from €275.73 million in 2012 to €254.09 million in 2016, the market rebounded strongly, reaching a peak of €337.85 million in 2022. The Compound Annual Growth Rate (CAGR) over the last five years was 1.4%. Recent years show significant growth with 15.98% in 2021 and 6.62% in 2022.
Future trends to watch include potential impacts of regulatory changes, technological advancements in rubber and plastics manufacturing, and shifts in supply chain dynamics. Sustainability initiatives and increased demand for eco-friendly stabilisers will likely influence market growth.
How does Belgium rank in Compounds Stabilisers for Rubber or Plastics Market Size Value?
| # | 8 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Belgium | 342,070,000 | 2023 | +1.25% | +0.59% | |
| 2 | 2 Germany | 264,810,000 | 2023 | +0.43% | +1.06% | View data |
| 3 | 3 Spain | 117,550,000 | 2023 | +0.55% | +2.12% | View data |
| 4 | 4 United Kingdom | 73,365,000 | 2023 | -2.48% | -2.14% | View data |
| 5 | 5 Poland | 71,172,000 | 2023 | -0.29% | +3.13% | View data |
