Between 2013 and 2023, the UK market for vinyl chloride and other halogenated olefins polymers contracted significantly, with values falling from 889.28 million euros in 2013 to 381.82 million euros in 2023. The market experienced year-on-year declines, notably between 2014 and 2020, highlighted by a sharp 18.74% drop in 2020. A brief resurgence occurred in 2021 with an 8.23% increase. However, the last calculated five-year CAGR stands at -5.88%, indicating a consistent downtrend.
Future trends to watch for:
- Adoption of environmentally friendly materials could influence market dynamics.
- Technological advancements in polymer recycling and reuse.
- Regulatory changes impacting production and usage of halogenated chemicals.
- Potential market stabilization or recovery post-2023, contingent on external economic factors.
How does the United Kingdom rank in Vinyl Chloride or Other Halogenated Olefins Polymers Market Size Value?
| # | 9 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 1,602,400,000 | 2023 | +0.76% | +1.25% | View data |
| 2 | 2 Italy | 1,177,400,000 | 2023 | -0.6% | -0.98% | View data |
| 3 | 3 France | 870,760,000 | 2023 | -3.52% | -2.8% | View data |
| 4 | 4 United Kingdom | 381,820,000 | 2023 | -5.85% | -5.88% | |
| 5 | 5 Portugal | 190,720,000 | 2023 | +5.43% | -0.2% | View data |
| 6 | 6 Hungary | 142,210,000 | 2023 | +3.98% | -0.35% | View data |