From 2012 to 2022, the volume of Styrene-Acrylonitrile (SAN) Copolymers in France has demonstrated a fluctuating trend. Initially, the market experienced growth, peaking in 2013 with a 1.89% increase. However, significant declines followed in 2014 and 2017 with -14.98% and -7.91% year-on-year changes respectively. An upward trend was observed in 2015 and 2019 but was again offset by declines in subsequent years. Over the last five years, the Compound Annual Growth Rate (CAGR) has been relatively negative at -0.54%.
Noteworthy variations over the past years include:
- 2016: -4.14% year-on-year, -1.06% CAGR
- 2017: -7.91% year-on-year, -3.74% CAGR
- 2018: 1.32% year-on-year, -3.84% CAGR
- 2019: 4.67% year-on-year, 0.24% CAGR
- 2020: -9.26% year-on-year, -3.21% CAGR
- 2021: 2.86% year-on-year, -1.83% CAGR
- 2022: -1.65% year-on-year, -0.54% CAGR
Future trends to watch for include advancements in sustainable production technologies, potential regulatory changes affecting the plastics industry in the EU, and shifts in demand from key downstream industries such as automotive and electronics. Monitoring these factors will be crucial for forecasting future market developments.
