The UK market for Compound Stabilisers for Rubber or Plastics experienced notable fluctuations over the past decade. From a peak in 2015 with a steady rise, the market declined sharply by 2020 but saw slight recovery in 2021 and 2022. As of 2023, the market stood at €73.365 million, witnessing a -2.48% year-on-year decrease. Over a five-year period, the market experienced an average annual contraction of 2.14% CAGR, reflecting challenging conditions.
Future trends to watch include:
- Technological advancements in stabilizing compounds
- Increasing environmental regulations prompting material innovations
- Potential recovery with demand growth in the plastics sector
How does the United Kingdom rank in Compounds Stabilisers for Rubber or Plastics Market Size Value?
| # | 8 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Belgium | 342,070,000 | 2023 | +1.25% | +0.59% | View data |
| 2 | 2 Germany | 264,810,000 | 2023 | +0.43% | +1.06% | View data |
| 3 | 3 Spain | 117,550,000 | 2023 | +0.55% | +2.12% | View data |
| 4 | 4 United Kingdom | 73,365,000 | 2023 | -2.48% | -2.14% | |
| 5 | 5 Poland | 71,172,000 | 2023 | -0.29% | +3.13% | View data |
| 6 | 6 Portugal | 36,872,000 | 2023 | +3.45% | +3.53% | View data |
