The export of acrylic polymers from Malaysia has shown significant growth from 75.712 million kilograms in 2013 to 196.55 million kilograms in 2023. The year-over-year variation for 2023 was 4.74%, with a five-year CAGR of 4.92%. The growth trend has continued with minimal interruptions, such as in 2020, which experienced a decline of 12.1%. Forecasts predict that exports will reach approximately 242.98 million kilograms by 2028, with a forecasted five-year CAGR of 3.33% and overall growth of 17.77%.
Future trends to monitor include potential market shifts driven by environmental policies, technological advancements in polymer production, and global demand fluctuations. Market diversification and innovation will be crucial for sustaining growth in this sector.
