Analyzing European sold production of silicones in primary forms by country in 2023, Germany dominates with 90.57% of the production share in kilograms, followed by Italy and Spain with 2.99% and 2.94% respectively. Minor contributors include Austria, Poland, and Belgium. Trends in the previous year reveal significant growth in Italy by 19.23%, while Germany saw a decline of 0.65%. Austria marked a positive increase of 9.16%, whereas Denmark and Croatia faced decreases of 5.77% and 8.71% respectively.
Future trends to watch include:
- The impact of innovation in silicone applications which could alter production dynamics.
- Potential policy changes in major European economies affecting production capabilities.
- Advancements in sustainable and bio-based silicones potentially reshaping market shares.
Top countries in Sold Production of Silicones in Primary Forms Share by Country (Kilograms)
| # | 9 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 90.57 | 2023 | +0.089% | -0.65% | View data |
| 2 | 2 Italy | 2.99 | 2023 | +0.92% | +19.23% | View data |
| 3 | 3 Spain | 2.94 | 2023 | -0.11% | +2.03% | View data |
| 4 | 4 Austria | 1.06 | 2023 | +7.59% | +9.16% | View data |
| 5 | 5 Poland | 0.29 | 2023 | +2.74% | +1.62% | View data |
| 6 | 6 Belgium | 0.27 | 2021 | View data | ||
| 7 | 7 Denmark | 0.053 | 2023 | -6.83% | -5.77% | View data |
| 8 | 8 Estonia | 0.002 | 2023 | +25.77% | +0.48% | View data |
| 9 | 9 Croatia | 0 | 2023 | -11.76% | -8.71% | View data |
