The overview of gross investment in the basic chemicals sector in the Netherlands exhibits significant fluctuations between 2013 and 2023. A notable peak occurs in 2015 with an impressive increment of 131.66%, followed by a dramatic drop of 51.24% in 2016. The sector experiences another substantial rise in 2019 with a year-on-year increase of 109.62%. Despite a decline of 15.44% in 2020, the market rebounded with a steady uptick, recording a 9.77% increase in 2022 and 7.61% in 2023.
The compound annual growth rate (CAGR) from 2019 to 2023 reflects an average yearly growth of 12.29%. Projections from 2024 to 2028 present a more stable growth trend with a forecasted 5-year CAGR of 2.88%, culminating in an overall anticipated growth rate of 15.24% by 2028.
Trends to watch:
- Technological advancements and innovations in chemical production
- Regulatory changes and environmental policies impacting investment levels
- Global market dynamics influencing demand for basic chemicals
- Sustainability initiatives and green chemistry trends
