The propylene polymers market volume in Belgium is projected to decrease from 654.41 million kilograms in 2024 to 578.68 million kilograms by 2028. Historically, the market stood at 672.85 million kilograms in 2023, which indicates a declining trend. Year-on-year variation shows a steady decline, with a reduction of approximately 2.94% expected from 2024 to 2025, and a further average annual decrease of 3.04% from 2025 to 2028. The compound annual growth rate (CAGR) over the five-year forecasted period (2024-2028) is estimated to be -2.97%.
Future trends to watch for include potential technological advancements in polymer production, increased recycling and sustainability efforts, and evolving regulations on plastic usage. Additionally, shifts in consumer demand towards eco-friendlier alternatives may also impact market volumes for propylene polymers in Belgium.