The forecast for the import of acrylic polymers to Belgium indicates a steady growth from 2024 to 2028, starting at 226.35 million kilograms in 2024 and reaching 239.0 million kilograms by 2028. Compared to 2023, which recorded an import volume of 223.0 million kilograms, this represents a moderate yet consistent year-on-year increase. Specifically, from 2024 to 2025, the import volume is expected to rise by 1.44%, followed by 1.39% from 2025 to 2026, 1.34% from 2026 to 2027, and 1.30% from 2027 to 2028. Over the five-year period, the compound annual growth rate (CAGR) stands at approximately 1.36%.
Future trends to watch for:
- Emerging environmental regulations could potentially influence production and import dynamics.
- Technological advancements and innovations in polymer applications might drive higher demand.
- Geopolitical and economic factors could impact trade relationships and logistics.
- Shifts towards sustainable and bio-based polymers could alter market trends and demand.