In 2023, the ethylene glycol market volume in Italy stood at an estimated 79.526 million kilograms. The forecasted decline from 2024 to 2028 reflects a significant downward trend, with volumes decreasing from 68.532 million kilograms in 2024 to 25.608 million kilograms in 2028. Year-on-year, the ethylene glycol market is expected to shrink by 15.9% from 2024 to 2025, 18.8% from 2025 to 2026, 22.7% from 2026 to 2027, and 29.2% from 2027 to 2028. Over the five-year period, the compound annual growth rate (CAGR) is anticipated to be -24%.
Looking forward, key trends to watch include increasing demand for alternative materials due to environmental concerns, potential technological innovations in production methods, and shifts in regulatory policies that could impact market dynamics and volumes in Italy.
