The chemical industry turnover in Italy stood at €75 billion in 2023. In 2024, it is forecasted to reach €76.87 billion, marking a year-on-year increase of 2.5%. Subsequent years show similar upward trends: €78.06 billion in 2025 (a 1.55% increase), €79.23 billion in 2026 (a 1.5% increase), €80.37 billion in 2027 (a 1.44% increase), and €81.5 billion in 2028 (a 1.41% increase). The Compounded Annual Growth Rate (CAGR) from 2024 to 2028 is projected to be approximately 1.68%.

Future trends to watch for include:

Advancements in green and sustainable chemicals due to stringent environmental regulations.
Increased digital transformation and automation within the sector.
Growing demand for specialty chemicals driven by industries such as pharmaceuticals and electronics.
Potential risks from global economic fluctuations and trade policies that may impact raw material costs and export markets.