The Synthetic Rubber market in Sweden saw an upward trend from 2012 to 2014, with modest growth recorded each year. However, in 2015 there was a significant drop of over 23%, followed by a declining trend through 2021. There was a brief recovery in 2022 with a modest 2.58% year-on-year growth. The Compound Annual Growth Rate (CAGR) over the past five years has been negative, reflecting a longer-term downturn.
Key Variations:- 2012: 8.2% increase- 2013: 1.12% increase- 2014: 0.83% increase with a CAGR of 4.85%- 2015: 23.51% decrease- 2016: 10.12% decrease with a CAGR of -2%- 2017: 3.9% increase with a CAGR of -5.38%- 2018: 4.3% decrease with a CAGR of -6.14%- 2019: 1.41% decrease with a CAGR of -7.17%- 2020: 6.67% decrease with a CAGR of -7.59%- 2021: 6.04% decrease with a CAGR of -3.84%- 2022: 2.58% increase with a CAGR of -2.98%
Future Trends to Watch:- Increased adoption of sustainable and bio-based materials could drive the market.- Developments in automotive and industrial sectors may influence demand.- Technological advancements and innovations in synthetic rubber production methods.- Market regulatory changes and environmental policies affecting synthetic rubber production and usage.
| # | 8 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 869,850,000 | 2023 | +2.31% | -0.22% | View data |
| 2 | 2 Italy | 607,010,000 | 2023 | -0.29% | -0.27% | View data |
| 3 | 3 France | 554,360,000 | 2023 | -0.78% | -0.22% | View data |
| 4 | 4 Czech Republic | 220,150,000 | 2023 | +2.79% | +2.26% | View data |
| 5 | 5 Spain | 205,200,000 | 2023 | +0.44% | -2.22% | View data |
| 6 | 6 Finland | 165,040,000 | 2023 | -0.77% | -2.98% | View data |
| 7 | 7 Portugal | 61,089,000 | 2023 | +1.88% | -3.72% | View data |
| 8 | 8 Sweden | 32,578,000 | 2023 | -3.18% | -3.5% |
