The Compounds Stabilisers for Rubber or Plastics Market in Belgium experienced varying growth from 2012 to 2022. Notable fluctuations include a significant increase of 35.17% in 2017 followed by steady expansion peaking at 91.721 million kilograms in 2019. A drop in volume occurred in 2020 and 2021, but recovered with a 6.76% rise in 2022. Over the last five years, the market exhibited an average CAGR of 0.54%.
Looking forward, the market is expected to focus on advancements in material technology and sustainability. Increasing demand for eco-friendly solutions and regulatory changes will likely drive innovation and efficiency improvements in compound stabilisers.
How does Belgium rank in Compounds Stabilisers for Rubber or Plastics Market Size Volume?
| # | 7 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Belgium | 92,717,000 | 2023 | +2.32% | +0.39% | |
| 2 | 2 Germany | 36,776,000 | 2023 | -2.17% | -9.97% | View data |
| 3 | 3 Spain | 29,323,000 | 2023 | +1.3% | +2.19% | View data |
| 4 | 4 Poland | 23,590,000 | 2023 | +6.29% | +8.63% | View data |
| 5 | 5 Portugal | 8,030,400 | 2023 | +2.9% | +3.63% | View data |
