The Propylene Polymers market in Sweden saw fluctuating growth from 2012 to 2022. After a low of 261.53 million euros in 2014, the market experienced a resurgence, peaking at 395.09 million euros in 2022. The annual year-on-year variations were significant, with lows and highs ranging from -13.48% in 2012 to 12.39% in 2018. Over the last five years, the market displayed a steady growth trend with a compound annual growth rate (CAGR) of 3.84%, despite some dips in certain years like 2021.
For 2023, the Propylene Polymers market value was estimated to stand robust, continuing the upward trajectory noted in recent years. The market projection for 2024 suggests this growth will persist, driven by innovations and increased demand across key sectors such as automotive and packaging.
- 2012 - -13.48% year-on-year.
- 2013 - -0.2% year-on-year.
- 2014 - -4.71% year-on-year.
- 2015 - 8.55% year-on-year.
- 2016 - 7.64% year-on-year.
- 2017 - 7.1% year-on-year.
- 2018 - 12.39% year-on-year.
- 2019 - -4.05% year-on-year.
- 2020 - 10.6% year-on-year.
- 2021 - -5.53% year-on-year.
- 2022 - 7.13% year-on-year.
- Over the last five years - 3.84% CAGR.
Future trends to watch include advancements in sustainable polymers, regulatory changes favoring eco-friendly materials, and technological innovations in production processes. These factors could significantly impact market dynamics, promoting further growth or introducing new challenges.
| # | 10 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 4,506,900,000 | 2023 | +2.62% | +2.25% | View data |
| 2 | 2 United Kingdom | 1,466,700,000 | 2023 | +0.11% | -0.58% | View data |
| 3 | 3 Czech Republic | 1,374,800,000 | 2023 | +3.61% | +3.83% | View data |
| 4 | 4 Hungary | 424,760,000 | 2023 | +2.23% | -2.17% | View data |
| 5 | 5 Sweden | 406,660,000 | 2023 | +1.41% | +2.03% | |
| 6 | 6 Denmark | 273,110,000 | 2023 | +0.35% | -0.25% | View data |
| 7 | 7 Finland | 135,330,000 | 2023 | -0.25% | -2.63% | View data |
