| Product Code: ETC6677563 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Vasudha | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, Cape Verde continued to heavily rely on imports of engineering polymers, with top exporters being Portugal, Spain, China, Netherlands, and the United States of America. Despite a high concentration with a high Herfindahl-Hirschman Index (HHI), the market experienced a negative compound annual growth rate (CAGR) of -8.39% from 2020 to 2024. However, there was a slight improvement in the growth rate in 2024, increasing by 1.57% compared to the previous year. This data suggests a challenging market environment for engineering polymer imports in Cape Verde, with potential for future shifts in trade dynamics.

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 Engineering Polymer Market Overview |
3.1 Cape Verde Country Macro Economic Indicators |
3.2 Cape Verde Engineering Polymer Market Revenues & Volume, 2021 & 2031F |
3.3 Cape Verde Engineering Polymer Market - Industry Life Cycle |
3.4 Cape Verde Engineering Polymer Market - Porter's Five Forces |
3.5 Cape Verde Engineering Polymer Market Revenues & Volume Share, By Compound Type, 2021 & 2031F |
3.6 Cape Verde Engineering Polymer Market Revenues & Volume Share, By End use, 2021 & 2031F |
4 Cape Verde Engineering Polymer Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for engineering polymers in various industries in Cape Verde |
4.2.2 Growing focus on sustainable and eco-friendly materials |
4.2.3 Rising investments in research and development for new polymer technologies |
4.3 Market Restraints |
4.3.1 High costs associated with engineering polymers |
4.3.2 Limited availability of raw materials in Cape Verde |
4.3.3 Lack of skilled labor for polymer processing and manufacturing |
5 Cape Verde Engineering Polymer Market Trends |
6 Cape Verde Engineering Polymer Market, By Types |
6.1 Cape Verde Engineering Polymer Market, By Compound Type |
6.1.1 Overview and Analysis |
6.1.2 Cape Verde Engineering Polymer Market Revenues & Volume, By Compound Type, 2021- 2031F |
6.1.3 Cape Verde Engineering Polymer Market Revenues & Volume, By Polycarbonate (PC), 2021- 2031F |
6.1.4 Cape Verde Engineering Polymer Market Revenues & Volume, By Polyamide (PA), 2021- 2031F |
6.1.5 Cape Verde Engineering Polymer Market Revenues & Volume, By Polymide (PI), 2021- 2031F |
6.1.6 Cape Verde Engineering Polymer Market Revenues & Volume, By Styrene Acrylonitrile (SAN), 2021- 2031F |
6.1.7 Cape Verde Engineering Polymer Market Revenues & Volume, By Fuoropolymers (PTFE & Other FPs), 2021- 2031F |
6.1.8 Cape Verde Engineering Polymer Market Revenues & Volume, By Polysulfone (PS), 2021- 2031F |
6.2 Cape Verde Engineering Polymer Market, By End use |
6.2.1 Overview and Analysis |
6.2.2 Cape Verde Engineering Polymer Market Revenues & Volume, By Automotive & Transportation, 2021- 2031F |
6.2.3 Cape Verde Engineering Polymer Market Revenues & Volume, By Electrical & Electronics, 2021- 2031F |
6.2.4 Cape Verde Engineering Polymer Market Revenues & Volume, By Building & Construction, 2021- 2031F |
6.2.5 Cape Verde Engineering Polymer Market Revenues & Volume, By Consumer Goods & Appliances, 2021- 2031F |
6.2.6 Cape Verde Engineering Polymer Market Revenues & Volume, By Industrial Applications, 2021- 2031F |
6.2.7 Cape Verde Engineering Polymer Market Revenues & Volume, By Medical, 2021- 2031F |
7 Cape Verde Engineering Polymer Market Import-Export Trade Statistics |
7.1 Cape Verde Engineering Polymer Market Export to Major Countries |
7.2 Cape Verde Engineering Polymer Market Imports from Major Countries |
8 Cape Verde Engineering Polymer Market Key Performance Indicators |
8.1 Percentage of engineering polymer usage in key industries in Cape Verde |
8.2 Number of research and development partnerships for polymer innovation |
8.3 Employment rate in polymer processing and manufacturing sector in Cape Verde |
9 Cape Verde Engineering Polymer Market - Opportunity Assessment |
9.1 Cape Verde Engineering Polymer Market Opportunity Assessment, By Compound Type, 2021 & 2031F |
9.2 Cape Verde Engineering Polymer Market Opportunity Assessment, By End use, 2021 & 2031F |
10 Cape Verde Engineering Polymer Market - Competitive Landscape |
10.1 Cape Verde Engineering Polymer Market Revenue Share, By Companies, 2024 |
10.2 Cape Verde Engineering Polymer Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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