The sold production of polyurethanes in primary forms in Spain shows fluctuating trends between 2013 and 2023. From 2013 to 2018, there was a general increase, peaking in 2018. Post-2018, the trend reversed, with declines observed especially from 2019 onwards. In 2023, the value stood at 301.95 million Euros. Over the last two years, values declined by 2.74% in 2022 and 2.79% in 2023, with a Compound Annual Growth Rate (CAGR) of -4.4% from 2018 to 2023. Looking ahead, the forecast indicates a continuous decline with a forecasted CAGR of -2.39% over the next five years, resulting in a projected value of 259.93 million Euros by 2028.

Future trends to watch for:

Technological advancements improving polyurethane production efficiency and sustainability.
Shifts in global and domestic demand due to economic conditions and environmental regulations.
Impact of innovative substitutes or alternatives to polyurethanes in key industries.