The forecast for the import of urea resins and thiourea resins in primary forms to France shows a steady increase from 2024 to 2028, with volumes projected to grow from 367.32 million kilograms in 2024 to 394.92 million kilograms in 2028. The year-on-year growth rate for this period remains consistent, indicating a stable demand in the market.
For context, the actual import volume in 2023 was observed to be slightly lower than the forecast for 2024, showcasing an upward trend commencing in 2024. The compounded annual growth rate (CAGR) for the five-year period is anticipated to be moderate, reflecting sustained growth in demand.
Future trends to monitor include potential regulatory changes affecting production and importation, shifts in global resin manufacturing capabilities, and innovations in material applications that could influence the demand for these specific resins.
