The Acrylic Acid and Its Salts market in Austria witnessed variable growth patterns over the past decade, with the market size expressed in volume reaching 2.4721 Million Kilograms in 2023. After a significant dip in 2018, with a year-on-year decrease of 14.28%, the market regained momentum, showing a more stable growth trajectory. The year-on-year variation from 2022 to 2023 registered at 1.67%. The compound annual growth rate (CAGR) over the last five years from 2018 to 2023 was approximately 2.97%, indicating a moderate uptick.
Future trends to watch for in the Acrylic Acid and Its Salts market include:
- Potential innovations in production processes that could influence costs and output.
- Shifts in demand driven by emerging applications in industries such as adhesives, paints, and coatings.
- Regulatory changes impacting production and environmental standards.
| # | 7 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Netherlands | 51,709,000 | 2023 | +4.66% | +3.75% | View data |
| 2 | 2 United Kingdom | 30,258,000 | 2023 | +0.5% | +1.32% | View data |
| 3 | 3 Italy | 17,968,000 | 2023 | -2.75% | -2.51% | View data |
| 4 | 4 Spain | 15,732,000 | 2023 | +0.3% | +0.85% | View data |
| 5 | 5 Austria | 2,472,100 | 2023 | +1.67% | +2.97% | |
| 6 | 6 Finland | 1,774,400 | 2023 | -20.36% | -13.69% | View data |
| 7 | 7 Lithuania | 119,970 | 2023 | +3.3% | +1.92% | View data |
