Acrylic Polymer Market Overview in Portugal
In value terms, acrylic polymer production expanded sharply to $ in 2019 estimated in export prices. Overall, production enjoyed a buoyant increase. The pace of growth appeared the most rapid in 2015 with an increase of % year-to-year. Over the period under review, production hit record highs in 2019 and is likely to continue growth in years to come.
The revenue of the acrylic polymer market in Portugal was estimated at $ in 2019, remaining constant against 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 remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The growth pace was the most rapid in 2018 when the market value increased by % against the previous year. Over the period under review, the market hit record highs in 2019 and is expected to retain growth in the near future.