In 2023, Italy dominated the European market for glues based on starches, dextrins, or other modified starches, with a production value share of 79.79%, followed by Germany and the United Kingdom, holding 5.53% and 5.44% respectively. Spain and France showed slightly lower shares, at 2.6% and 2.41%. Across the region, Germany and Spain experienced declines in production shares, while Italy, the United Kingdom, and smaller countries like Bulgaria displayed growth.
Looking toward 2024 and beyond, key trends to monitor include potential shifts in market dominance due to economic factors and innovation in environmentally friendly glue products as sustainability remains an increasingly pivotal focus across industries within Europe.
Top countries in Sold Production of Glues Based on Starches, Dextrins or Other Modified Starches Share by Country (Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 79.79 | 2023 | +2.17% | +4.22% | View data |
| 2 | 2 Germany | 5.53 | 2023 | -3.51% | -3.57% | View data |
| 3 | 3 United Kingdom | 5.44 | 2023 | +1.14% | +1.64% | View data |
| 4 | 4 Spain | 2.6 | 2023 | -4.1% | -3.07% | View data |
| 5 | 5 France | 2.41 | 2023 | -0.99% | +0.91% | View data |
| 6 | 6 Greece | 0.6 | 2023 | +1.31% | +1.49% | View data |
| 7 | 7 Finland | 0.57 | 2023 | +0.85% | +1.44% | View data |
| 8 | 8 Denmark | 0.36 | 2023 | -15.55% | -12.35% | View data |
| 9 | 9 Bulgaria | 0.23 | 2023 | +1.6% | +2.37% | View data |
| 10 | 10 Estonia | 0.015 | 2023 | -12.5% | -10.61% | View data |
