The Isocyanates market in Italy saw fluctuations from 2013 to 2023, with a minor overall growth trend. The market size by volume stood at 137.87 million kilograms in 2023. Over the past two years, variations were modest with increases of 0.11% each year. The compound annual growth rate (CAGR) over the last five years was almost negligible at 0.098%, reflecting a relatively stable market with limited growth.
Future trends to watch for:
- Market adaptation to environmental regulations could stimulate innovation in eco-friendly isocyanate alternatives.
- Growing demand in construction and automotive industries could enhance market volume.
- Supply chain challenges might affect market stability and growth prospects.
| # | 5 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 342,660,000 | 2023 | +1.23% | +1.02% | View data |
| 2 | 2 Italy | 137,870,000 | 2023 | +0.11% | +0.098% | |
| 3 | 3 United Kingdom | 43,685,000 | 2023 | +0.67% | -0.33% | View data |
| 4 | 4 Lithuania | 7,471,000 | 2023 | +3.71% | +3.64% | View data |
| 5 | 5 Sweden | 3,712,300 | 2023 | -5.85% | -4.92% | View data |
