From 2012 to 2022, the Propylene Polymers market in Denmark exhibited a variety of trends and fluctuations. The market experienced significant growth in 2014 with an 11.25% year-on-year increase, but also saw notable declines in 2017, 2018, and 2019 with year-on-year reductions of 4.49%, 4.51%, and 2%, respectively. Between 2012 and 2014, the compound annual growth rate (CAGR) was positive, reaching 2.17%, but by 2021, the market shifted to a negative CAGR of -2.64%. The market closed 2022 with a slight recovery, showing a 5.35% year-on-year increase, resulting in an average variation per year (CAGR) of -0.71% over the last five years.
Looking ahead, trends to watch for include:
- The adoption of sustainable and environmentally friendly materials, potentially impacting the demand for traditional propylene polymers.
- Technological advancements and innovations in polymer manufacturing processes.
- Regulatory changes and environmental policies in Denmark and the European Union that could influence market dynamics.
- Market responses to global economic shifts and supply chain disruptions.
How does Denmark rank in Propylene Polymers Market Size Volume?
# | 13 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
---|---|---|---|---|---|---|
1 | 1 France | 1,269,100,000 | 2023 | +0.36% | +0.2% | View data |
2 | 2 Spain | 873,550,000 | 2023 | +4.18% | +0.95% | View data |
3 | 3 Belgium | 673,820,000 | 2023 | -2.83% | -4.01% | View data |
4 | 4 Czech Republic | 646,710,000 | 2023 | +3.57% | +1.07% | View data |
5 | 5 Portugal | 393,960,000 | 2023 | +3.49% | +4.43% | View data |
6 | 6 Hungary | 245,370,000 | 2023 | +2.43% | -0.06% | View data |
7 | 7 Sweden | 220,160,000 | 2023 | +1.48% | +0.95% | View data |
8 | 8 Denmark | 166,970,000 | 2023 | +1.45% | +1.21% | |
9 | 9 Finland | 66,609,000 | 2023 | -0.98% | +0.21% | View data |
10 | 10 Ireland | 38,629,000 | 2023 | -0.25% | -2.08% | View data |