The Polyamides market in Portugal has shown significant growth over the past decade, reaching a market size of 93.118 million euros in 2023. The market exhibited a year-on-year increase of 2.5% from 2022 to 2023. Notably, the industry's compound annual growth rate (CAGR) over the last five years stands at 2.11%, indicating a modest upward trend despite experiencing fluctuations and a notable dip in 2020.
Future trends to watch for include potential advancements in bio-based polyamides, driven by increasing environmental regulations and consumer awareness. Additionally, the automotive and electronics industries' demand for lightweight materials may influence market dynamics significantly.
How does Portugal rank in Polyamides Market Size Value?
| # | 11 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 887,330,000 | 2023 | -2.13% | +0.13% | View data |
| 2 | 2 Poland | 566,030,000 | 2023 | +2.51% | +1.18% | View data |
| 3 | 3 Czech Republic | 468,710,000 | 2023 | +3.83% | +3.52% | View data |
| 4 | 4 Slovakia | 194,540,000 | 2023 | +2.58% | +3.89% | View data |
| 5 | 5 Hungary | 152,140,000 | 2023 | -3.09% | -3.76% | View data |
| 6 | 6 Sweden | 94,655,000 | 2023 | +4.02% | +2.69% | View data |
| 7 | 7 Portugal | 93,118,000 | 2023 | +2.5% | +2.11% | |
| 8 | 8 Finland | 87,087,000 | 2023 | -1.07% | +2.56% | View data |
| 9 | 9 Bulgaria | 65,970,000 | 2023 | +6.58% | +5.77% | View data |
