The sold production of polyesters in primary forms in Austria experienced a series of fluctuations from 2015 to 2019, with values dropping from 12.956 million kilograms in 2015 to 11.192 million kilograms in 2019. However, a notable upward trend began in 2020, with production values rising significantly from 12.124 million kilograms to 16.576 million kilograms in 2023, reflecting a 9.75% year-on-year increase. The compound annual growth rate (CAGR) for the 2018–2023 period stood at 10.32%, illustrating robust growth in recent years.
From 2024 onwards, forecasted data suggest continued growth with sold production expected to escalate to 23.721 million kilograms by 2028. The five-year forecast CAGR is projected at 5.64% with an overall growth rate of 31.54% over this period.
Future trends to watch for:
- Technological advancements in polyester production techniques.
- Increasing demand for sustainable and recyclable polyester products.
- Potential economic factors or regulatory changes impacting production costs and capacities.