In 2023, Spain led the market with a volume of 66.543 million kilograms, followed closely by France at 64.885 million kilograms. Notable year-on-year variations in 2023 were in Greece, which saw a 2.25% increase, and Poland with a 1.56% rise. Conversely, France decreased by 1.14%, and Austria experienced a 2.44% decline. Over five years, the compound annual growth rate (CAGR) highlights steady growth in Poland and Greece, indicating resilience and ongoing demand for polyester-based paints and varnishes, especially those with lower solvent content.
Looking forward, the European market is expected to see further shifts driven by eco-friendly regulations and innovations in sustainably sourced materials. Countries leading in adopting these trends may witness faster growth, while traditional markets might face pressure to adapt to new environmental standards and consumer preferences.
Top countries in Paints and Varnishes Based on Polyesters Dispersed or Dissolved in a Non-Aqueous Medium with the Weight of the Solvent at Most 50% of the Weight of the Solution Market Size Volume by Country
| # | 9 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Spain | 66,543,000 | 2023 | +0.53% | +0.65% | View data |
| 2 | 2 France | 64,885,000 | 2023 | -1.59% | -1.14% | View data |
| 3 | 3 Poland | 41,581,000 | 2023 | +0.22% | +1.56% | View data |
| 4 | 4 Greece | 37,360,000 | 2023 | +0.65% | +2.25% | View data |
| 5 | 5 Czech Republic | 10,086,000 | 2023 | +1.38% | +1.78% | View data |
| 6 | 6 Romania | 7,683,200 | 2023 | +0.76% | +1.09% | View data |
| 7 | 7 Austria | 7,665,700 | 2023 | -0.81% | -2.44% | View data |
| 8 | 8 Estonia | 3,978,500 | 2023 | -0.61% | -0.39% | View data |
| 9 | 9 Lithuania | 2,445,700 | 2023 | -2.99% | -0.83% | View data |
