In 2023, the sold production of epoxide resins in primary forms in Italy was approximately 103 million Euros. Forecasts from 2024 to 2028 show a continual decline in production value, dropping from 100.84 million Euros in 2024 to 89.375 million Euros by 2028. The year-on-year percentage decrease is evident: 2.88% in 2025, 2.94% in 2026, 3% in 2027, and 3.06% in 2028. Over this five-year period, the compound annual growth rate (CAGR) suggests a steady downturn in this market sector.
Future trends to watch for:
- Technological advancements impacting production efficiency.
- Regulatory changes in the chemical industry within the EU.
- Shifts in global demand and competition impacting the Italian market.
- Innovations in the application of epoxide resins across new industries.