| Product Code: ETC5323075 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Cape Verde continued to rely heavily on imports of styrenic polymers in 2024, with top exporters being Portugal, China, France, and Spain. The market remained highly concentrated, as indicated by the high Herfindahl-Hirschman Index (HHI). The industry experienced a significant decline in the compound annual growth rate (CAGR) from 2020 to 2024 at -20.64%, with a sharp decrease in growth rate from 2023 to 2024 at -49.08%. This suggests a challenging market environment for styrenic polymer imports in Cape Verde, highlighting the need for strategic planning and adaptation to changing market dynamics.

By 2027, the Styrenic Polymers market in Cabo Verde is anticipated to reach a growth rate of 3.42%, as part of an increasingly competitive Africa region, where Egypt remains at the forefront, supported by South Africa, Ethiopia, Algeria and Nigeria, driving innovations and market adoption across sectors.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Cape Verde Styrenic Polymers Market Overview |
3.1 Cape Verde Country Macro Economic Indicators |
3.2 Cape Verde Styrenic Polymers Market Revenues & Volume, 2021 & 2031F |
3.3 Cape Verde Styrenic Polymers Market - Industry Life Cycle |
3.4 Cape Verde Styrenic Polymers Market - Porter's Five Forces |
3.5 Cape Verde Styrenic Polymers Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
4 Cape Verde Styrenic Polymers Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for lightweight and durable materials in various industries |
4.2.2 Growing construction and infrastructure development activities in Cape Verde |
4.2.3 Rising focus on sustainability and recyclability of materials |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting production costs |
4.3.2 Lack of technological advancements in the manufacturing processes |
4.3.3 Limited availability of skilled labor in the region |
5 Cape Verde Styrenic Polymers Market Trends |
6 Cape Verde Styrenic Polymers Market Segmentations |
6.1 Cape Verde Styrenic Polymers Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Cape Verde Styrenic Polymers Market Revenues & Volume, By Polystyrene, 2021-2031F |
6.1.3 Cape Verde Styrenic Polymers Market Revenues & Volume, By ABS, 2021-2031F |
6.1.4 Cape Verde Styrenic Polymers Market Revenues & Volume, By SAN, 2021-2031F |
6.1.5 Cape Verde Styrenic Polymers Market Revenues & Volume, By MBS, 2021-2031F |
6.1.6 Cape Verde Styrenic Polymers Market Revenues & Volume, By MABS, 2021-2031F |
6.1.7 Cape Verde Styrenic Polymers Market Revenues & Volume, By SMMA, 2021-2031F |
6.1.9 Cape Verde Styrenic Polymers Market Revenues & Volume, By Others, 2021-2031F |
6.1.10 Cape Verde Styrenic Polymers Market Revenues & Volume, By Others, 2021-2031F |
7 Cape Verde Styrenic Polymers Market Import-Export Trade Statistics |
7.1 Cape Verde Styrenic Polymers Market Export to Major Countries |
7.2 Cape Verde Styrenic Polymers Market Imports from Major Countries |
8 Cape Verde Styrenic Polymers Market Key Performance Indicators |
8.1 Percentage of recycled content used in styrenic polymers production |
8.2 Energy efficiency improvements in manufacturing processes |
8.3 Adoption rate of styrenic polymers in key industries in Cape Verde |
9 Cape Verde Styrenic Polymers Market - Opportunity Assessment |
9.1 Cape Verde Styrenic Polymers Market Opportunity Assessment, By Product Type, 2021 & 2031F |
10 Cape Verde Styrenic Polymers Market - Competitive Landscape |
10.1 Cape Verde Styrenic Polymers Market Revenue Share, By Companies, 2024 |
10.2 Cape Verde Styrenic Polymers Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |