The polyurethanes market in Italy has demonstrated significant fluctuations from 2013 to 2023. In 2023, the volume reached 377.79 million kilograms. From 2013 to 2018, the market showed robust growth with a CAGR peaking at 5.33% in 2018. The period between 2019 and 2021 saw a decline with negative year-on-year changes and a diminishing CAGR, highlighting market challenges. However, by 2022 and 2023, the market resumed growth with year-on-year rates of 3.63% and 3.44%, respectively.
Future trends indicate a steady growth trajectory with a forecasted 5-year CAGR of 2.37%, resulting in a 12.45% increase by 2028. Key factors include advancements in sustainable polyurethanes, consistent industrial demand, and regulatory influences promoting eco-friendly materials.
