The Polyurethanes market in Sweden has shown varying trends from 2012 to 2022. Initially, the market experienced a slight decline between 2012 and 2014, with small year-on-year decreases. There was a notable recovery in 2015 with a 6.31% increase, continuing into 2016 with a 3.73% increase. However, 2017 saw a significant dip of -15.79%. The market bounced back in subsequent years, particularly in 2019 with a 17.22% increase, and further growth in 2021 with a 9.49% rise. Despite a slight decline in 2022, the overall Compound Annual Growth Rate (CAGR) for the last five years showed a positive trend of 5.59%.
As of 2023, the market value stood at 69.301 million Euros.
Future trends to watch for include technological advancements in polyurethane production, increased demand in automotive and construction sectors, and environmental regulations leading to the development of more sustainable and eco-friendly products.
How does Sweden rank in Polyurethanes Market Size Value?
| # | 10 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 1,670,800,000 | 2023 | -0.2% | -1.17% | View data |
| 2 | 2 United Kingdom | 590,970,000 | 2023 | +1.05% | +1.06% | View data |
| 3 | 3 Spain | 382,120,000 | 2023 | +0.92% | -1.67% | View data |
| 4 | 4 Poland | 282,150,000 | 2023 | +3.08% | +2.57% | View data |
| 5 | 5 France | 239,050,000 | 2023 | +1.14% | +3.41% | View data |
| 6 | 6 Austria | 126,750,000 | 2023 | -0.3% | -1.08% | View data |
| 7 | 7 Denmark | 82,210,000 | 2023 | +2.65% | +2.74% | View data |
| 8 | 8 Sweden | 68,270,000 | 2023 | +0.1% | +4.37% | |
| 9 | 9 Finland | 49,895,000 | 2023 | +1.89% | +5.13% | View data |
| 10 | 10 Croatia | 12,144,000 | 2023 | -8.13% | -5.39% | View data |