In 2023, Spain led the European market for polyethylene with a specific gravity of at least 0.94, boasting the highest volume of 1.0548 billion kilograms. Italy followed with 0.89293 billion kilograms, while the United Kingdom recorded 0.49349 billion kilograms. Countries like Hungary, Portugal, Denmark, Romania, and Finland exhibited smaller volumes. Year-on-year, Denmark and Bulgaria saw the most significant growth at 5.82% and 6.39%, respectively, suggesting strong market shifts in these regions. Over the past five years, the market has shown varied CAGR trends, reflecting diverse growth dynamics across European countries.
Future market trends indicate a continued focus on sustainable and recyclable materials, potentially impacting production practices and supply chains. Emerging economies in Europe might experience enhanced demand due to regulatory pushes towards greener solutions. Monitoring technological advancements and legislative changes will be crucial for stakeholders aiming to capitalize on market opportunities.
Top countries in Polyethylene Having a Specific Gravity of at Least 0,94 Market Size Volume by Country
# | 9 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
---|---|---|---|---|---|---|
1 | 1 Spain | 1,054,800,000 | 2023 | +5.97% | +2.68% | View data |
2 | 2 Italy | 892,930,000 | 2023 | +0.66% | +0.58% | View data |
3 | 3 United Kingdom | 493,490,000 | 2023 | +0.26% | +0.19% | View data |
4 | 4 Hungary | 123,110,000 | 2023 | +4.05% | +2.74% | View data |
5 | 5 Portugal | 116,390,000 | 2023 | +0.55% | +2.31% | View data |
6 | 6 Denmark | 103,760,000 | 2023 | +3.86% | +5.82% | View data |
7 | 7 Romania | 103,170,000 | 2023 | +1.53% | +3.27% | View data |
8 | 8 Finland | 77,118,000 | 2023 | +2.75% | +3.02% | View data |
9 | 9 Bulgaria | 49,209,000 | 2023 | +5.42% | +6.39% | View data |