The Compound Plasticisers for Rubber or Plastics market in Sweden had a fluctuating trend from 2013 to 2023, peaking in 2014 at 6.3033 million Euros and hitting its lowest in 2020 at 3.5265 million Euros. The market experienced its highest year-on-year decline in 2020 by 21.3%, followed by a gradual recovery, with a positive growth of 10.83% in 2022 and a modest 4.02% increase in 2023. The five-year CAGR as of 2023 stood at -2.99%, reflecting an overall declining trend over the last five years.
Future trends to watch for:
- Innovation in sustainable and eco-friendly plasticiser technologies, potentially driving demand.
- Regulatory changes impacting the use of certain plasticisers in the EU and Sweden.
- Evolutions in the rubber and plastics manufacturing sectors that could stimulate market growth.