Acrylic Polymer Market Overview in the European Union
In value terms, acrylic polymer production dropped to $ in 2019 estimated in export prices. Overall, production saw a relatively flat trend pattern. The growth pace was the most rapid in 2008 when the production volume increased by % year-to-year. Over the period under review, production hit record highs at $ in 2013; however, from 2014 to 2019, production failed to regain the momentum.
The countries with the highest volumes of acrylic polymer production in 2019 were France ( tonnes), Germany ( tonnes) and Belgium ( tonnes), together comprising % of total production.
From 2007 to 2019, the most notable rate of growth in terms of acrylic polymer production, amongst the key producing countries, was attained by France, while acrylic polymer production for the other leaders experienced more modest paces of growth.
The value of the acrylic polymer market in the European Union was estimated at $ in 2019, almost unchanged from the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). The market value increased at an average annual rate of +% from 2007 to 2019; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 when the market value increased by % y-o-y. Over the period under review, the market reached the maximum level in 2019 and is likely to see gradual growth in the near future.
In France, acrylic polymer consumption increased at an average annual rate of +% over the period from 2007-2019. In the other countries, the average annual rates were as follows: Italy (+% per year) and Germany (+% per year).
In value terms, France ($), Italy ($) and Germany ($) constituted the countries with the highest levels of market value in 2019, with a combined % share of the total market.
France recorded the highest rates of growth with regard to market size, among the main consuming countries over the period under review, while acrylic polymer market for the other leaders experienced more modest paces of growth.
The countries with the highest levels of acrylic polymer per capita consumption in 2019 were Belgium ( kg per person), the Netherlands ( kg per person) and France ( kg per person).
From 2007 to 2019, the biggest increases were in France, while acrylic polymer per capita consumption for the other leaders experienced more modest paces of growth.