The polyurethanes market in Austria experienced fluctuations in volume from 2013 to 2023, starting at 29.099 million kg in 2013 and declining to 28.962 million kg in 2023. Year-on-year variation highlights periods of both growth and decline, with notable increases in 2018 and 2021 and significant decreases in 2014 and most recently in 2023. Over the last 5 years, the market maintained an average annual growth rate (CAGR) of 0.91%, signaling modest overall growth trends despite minor annual oscillations.
The forecast from 2024 to 2028 indicates a downward trend, with a projected average annual decrease (forecast 5-year CAGR) of -0.93%, leading to an anticipated market volume of 27.312 million kg by 2028. This suggests a slight decline in market volume over the forecasted period.
Future trends to watch for include potential impacts from regulatory changes, technological advancements in polyurethane production, and shifts in demand driven by the construction and automotive industries. Exploring sustainable production methods and eco-friendly alternatives could also influence market dynamics.