In 2023, the import of supported catalysts, except nickel or precious metal compounds, to Italy stood at approximately USD 91 million. The forecasted data from 2024 to 2028 shows a steady, incremental rise in imports, reaching nearly USD 93 million by 2028. This showcases an average annual increase of around 0.4% in terms of Compound Annual Growth Rate (CAGR).
Future trends to watch include:
- Technological advancements that may impact the demand for supported catalysts.
- Regulatory changes within the European Union affecting chemical imports.
- Potential shifts in industrial applications which may influence market demand.