The polyamides market in Finland saw variable trends from 2013 to 2023, peaking in 2018 with 24.406 million kilograms and reaching 20.833 million kilograms in 2023. The market hit its lowest in 2020 during the COVID-19 pandemic and has stabilized since 2021, showing minimal growth. From 2013 to 2023, the Compound Annual Growth Rate (CAGR) was -3.12%, indicating a slight decline over the decade. The year-on-year variation from 2022 to 2023 shows a negligible increase of 0.0036%, reflecting market stability.
Future trends to watch include advancements in bio-based polyamides, rising demand in the automotive and electronics sectors, and sustainability initiatives driving material substitution. These factors could contribute significantly to market fluctuations and potential growth.
