The Styrene Polymers market in Portugal demonstrated variability from 2013 to 2023, with the highest market value recorded in 2023 at 313.55 million Euros. Notable trends include significant declines in 2015 and 2022, balanced by growth in subsequent years, leading to a modest 1.32% rise in 2023. Over the last five years, the compound annual growth rate (CAGR) stood at 0.83%, indicating a gradual market expansion.
Future trends to watch:
- Potential impacts of sustainability and environmentally-friendly materials on styrene polymer demand.
- Technological advancements that may enhance product applications and increase market adoption.
- Economic factors affecting production and distribution costs, influencing market dynamics.
How does Portugal rank in Styrene Polymers Market Size Value?
| # | 7 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 1,272,700,000 | 2023 | -1.86% | -2.61% | View data |
| 2 | 2 United Kingdom | 559,760,000 | 2023 | +1.96% | +2.06% | View data |
| 3 | 3 Romania | 504,600,000 | 2023 | +2.87% | +2.97% | View data |
| 4 | 4 Portugal | 313,550,000 | 2023 | +1.32% | +0.83% | |
| 5 | 5 Slovakia | 211,040,000 | 2023 | +3.68% | -0.31% | View data |
| 6 | 6 Bulgaria | 76,129,000 | 2023 | +1.57% | +0.027% | View data |