In 2023, Germany led Europe in diols, polyalcohols, and cyclical alcohols production with 1.2567 billion Euros, showing a modest growth of 0.065%. Belgium and Spain followed, with Spain achieving a significant 9.47% year-on-year increase. France and Denmark exhibited notable growth rates at 6.15% and 82.98% respectively, despite smaller production volumes. Notably, Italy and the United Kingdom saw declines at -14.65% and -5.88% respectively. Sweden's production experienced a robust increase of 21.32%.
Looking to the future, trends to watch include technological advancements improving production efficiency, regulatory impacts on green chemistry adoption, and potential market expansions in Eastern Europe as they build capacity and enhance industrial capabilities.
Top countries in Sold Production of Diols, Polyalcohols and Cyclical Alcohols by Country
| # | 10 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 1,256,700,000 | 2023 | +1.44% | +0.065% | View data |
| 2 | 2 Belgium | 371,710,000 | 2023 | +24.61% | -2.91% | View data |
| 3 | 3 Spain | 276,870,000 | 2023 | +5.2% | +9.47% | View data |
| 4 | 4 Finland | 56,866,000 | 2023 | +1.92% | +1.79% | View data |
| 5 | 5 France | 32,869,000 | 2023 | -2.99% | +6.15% | View data |
| 6 | 6 Denmark | 22,782,000 | 2023 | +39.7% | +82.98% | View data |
| 7 | 7 United Kingdom | 14,096,000 | 2023 | +0.98% | -5.88% | View data |
| 8 | 8 Czechia | 10,557,000 | 2023 | |||
| 9 | 9 Italy | 7,992,600 | 2023 | -27.9% | -14.65% | View data |
| 10 | 10 Lithuania | 3,294,000 | 2023 | +3.85% | -2.57% | View data |
