The UK market for Amino-Resins (Excluding Urea, Thiourea and Melamine Resins), Phenolic Resins, and Polyurethanes reached a value of 955.53 million euros in 2023. Over the last year, the market experienced a 1.64% year-on-year growth. The five-year period ending in 2023 saw a compound annual growth rate (CAGR) of 1.52%, indicating moderate growth despite past fluctuations. The most notable declines occurred in 2016 and 2020, while significant growth was observed in 2018 and 2021.
Future Trends to Watch for:
- Continued innovation in environmentally friendly and bio-based resin options may drive future market growth.
- The UK’s post-Brexit trade dynamics and regulatory changes could influence market conditions.
- Increasing demand in automotive and construction sectors is expected to support steady growth.
How does the United Kingdom rank in Amino-Resins (Excluding Urea, Thiourea and Melamine Resins), Phenolic Resins and Polyurethanes Market Size Value?
| # | 10 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 1,947,600,000 | 2023 | +3.1% | +2.19% | View data |
| 2 | 2 United Kingdom | 955,530,000 | 2023 | +1.64% | +1.52% | |
| 3 | 3 Spain | 394,450,000 | 2023 | +3.45% | +2.26% | View data |
| 4 | 4 Austria | 266,320,000 | 2023 | +5.24% | +0.024% | View data |
| 5 | 5 Finland | 185,980,000 | 2023 | +3.83% | +0.72% | View data |
