The Acrylic Acid and Its Salts market in Italy experienced a declining trend from 2013 to 2023, with a recorded volume of 17.968 million kilograms in 2023. Over the past two years (2022-2023), there was a year-on-year decrease of approximately 2.75%. The compound annual growth rate (CAGR) over the last five years was around -2.51%, indicating a consistent downward trend in this period.
Future trends to watch for:
- Consideration of environmental regulations could impact demand, potentially enhancing the importance of sustainable production practices.
- Technological advancements in production processes may reduce costs and improve product quality.
- Diversification in applications beyond traditional markets may provide new growth opportunities.
| # | 7 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Netherlands | 51,709,000 | 2023 | +4.66% | +3.75% | View data |
| 2 | 2 United Kingdom | 30,258,000 | 2023 | +0.5% | +1.32% | View data |
| 3 | 3 Italy | 17,968,000 | 2023 | -2.75% | -2.51% | |
| 4 | 4 Spain | 15,732,000 | 2023 | +0.3% | +0.85% | View data |
| 5 | 5 Austria | 2,472,100 | 2023 | +1.67% | +2.97% | View data |
