The Polyethylene Glycol Prepared Waxes market in France has exhibited varying trends over the past decade. Between 2013 and 2017, the market experienced a general decline with negative year-on-year variations peaking in 2015 (-13.22%). A partial recovery can be noted from 2018, with positive growth figures except for slight declines in 2020 and 2021. From 2018 to 2023, the market had a noticeable stability around 52 million Euros, with a minimal decrease in 2023 (-0.28%) suggesting market stabilization. The recent years' CAGR reflects a relatively flat market with a marginal annual growth rate of approximately 0.058% from 2019 to 2023.
Future trends to watch for include:
- Potential advancements or shifts in manufacturing technologies or materials which could significantly impact market dynamics.
- Regulatory changes and environmental policies that might affect production and demand for chemical compounds like Polyethylene Glycol.
- Market growth in parallel industries that depend on these prepared waxes, such as pharmaceuticals and cosmetics, which might drive future demand.
