The European production of aromatic polycarboxylic and carboxylic acids with additional oxygen functions in 2023 saw Spain leading with a significant share, followed by Italy and Poland. The production landscape shifted with year-on-year variations showing a notable growth in Croatia and Spain, while Poland and France experienced a downturn. Germany and Denmark also showed a decline. Over the last five years, the compound annual growth rate (CAGR) indicates a varied performance with some countries advancing and others contracting.
Future trends to watch include:
- Potential growth in the Spanish and Italian production capacity.
- Continuous decline or stabilization in Central European countries like Poland and Germany.
- Emerging contributions from smaller producers may create a more diversified production landscape.
Top countries in Production of Aromatic Polycarboxylic and Carboxylic Acids with Additional Oxygen Functions Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Spain | 38.81 | 2023 | +2.81% | +10.76% | View data |
| 2 | 2 Italy | 36.21 | 2023 | +3.78% | +6.3% | View data |
| 3 | 3 Poland | 18.65 | 2023 | +1.5% | -33.44% | View data |
| 4 | 4 Belgium | 6.13 | 2021 | +16350% | -0.73% | View data |
| 5 | 5 Germany | 5.22 | 2023 | -48.29% | -10.93% | View data |
| 6 | 6 Sweden | 3.09 | 2023 | +3.95% | View data | |
| 7 | 7 France | 1.07 | 2023 | -40.78% | -56.11% | View data |
| 8 | 8 Denmark | 0.97 | 2023 | +0.009% | -21.27% | View data |
| 9 | 9 Finland | 0.39 | 2023 | +5.81% | +14.32% | View data |
| 10 | 10 Netherlands | 0.32 | 2021 | View data |
