The Polyester High-Tenacity Filament Yarn market in Hungary has shown consistent growth, culminating in a market size of 9.1888 million Euros by 2023. This represents a modest year-on-year increase of 3.45% from 2022, following a similar trend over the past two years. The five-year CAGR indicates an average annual growth of 5.67%, suggesting a steadily rising demand in this sector.
- Future trends in the market could include:
- Increased focus on sustainability driving demand for eco-friendly polyester variants.
- Technological advancements improving yarn quality and expanding application possibilities.
- Potential impact of geopolitical and economic factors on raw material availability and pricing.
