Based on the provided data, the production of phenolic resins in primary forms in Italy is forecasted to slightly increase from 119.85 million kilograms in 2024 to 119.89 million kilograms in 2028. The values exhibit a very minimal year-on-year growth of approximately 0.01% annually over the forecasted period.
When examining the trends over the last two years and the compound annual growth rate (CAGR) over the last five years, the production shows stability with negligible variations. The value in 2023 stood at 119.84 million kilograms, reflecting a consistent and stagnant production volume.
Future trends to watch for include potential technological advancements in resin production, shifts in demand from key industries such as construction and automotive, changes in regulatory frameworks regarding chemical production, and broader economic factors that could influence industrial output and consumption patterns.