The Aniline and Its Salts market in Portugal showed a steady increase over most of the past decade, reaching a volume of 124 million kilograms in 2023. The growth trend was marked by fluctuations, with significant gains in 2014 and 2015, and a more moderate pace of growth in recent years. The year-on-year variations from 2021 to 2023 were modest, reflecting a stabilized market environment. The compound annual growth rate (CAGR) over the last five years was 1.68%, indicating a consistent upward trend despite some volatility.
Looking forward, key trends to monitor include potential regulatory actions affecting chemical production, technological advancements in manufacturing processes, and shifts in demand from key industries such as rubber and plastics, which could influence the market's growth trajectory in the coming years.
