The polyurethanes market in Spain has shown fluctuations over the past decade. Starting at 319.34 million Euros in 2012, it experienced gradual declines until 2014, followed by a sharp recovery in 2015. The market peaked at 415.78 million Euros in 2018 but saw significant drops in subsequent years, reaching 336.68 million Euros in 2021. By 2022, the market value modestly increased to 354.71 million Euros. The year-on-year variation has been highly volatile, from a high of 20.17% in 2017 to a low of -20.92% in 2019. The CAGR over the last five years stands at -1.83%.
Future trends to watch for in the polyurethanes market include advancements in sustainable and bio-based polyurethanes, increased demand in automotive and construction sectors, and potential regulatory changes impacting production and usage. Monitoring these developments will be crucial for anticipating market shifts and opportunities.
How does Spain rank in Polyurethanes Market Size Value?
| # | 10 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 1,670,800,000 | 2023 | -0.2% | -1.17% | View data |
| 2 | 2 United Kingdom | 590,970,000 | 2023 | +1.05% | +1.06% | View data |
| 3 | 3 Spain | 382,120,000 | 2023 | +0.92% | -1.67% | |
| 4 | 4 Poland | 282,150,000 | 2023 | +3.08% | +2.57% | View data |
| 5 | 5 France | 239,050,000 | 2023 | +1.14% | +3.41% | View data |
