From 2013 to 2023, Spain's market size value per capita for glues based on starches or modified starches ranged from $0.21 to $0.31, experiencing a decrease initially but stabilizing at $0.31 from 2020 to 2022, and slightly decreasing to $0.30 in 2023. The most significant growth was between 2017 to 2018. Year-on-year variations over the last two years are minimal, with the value per capita in 2023 slightly lower than the peak value in previous years but reflecting a period of relative stability in recent years. The 5-year CAGR indicates low growth, suggesting market maturity.
Future trends to watch include potential shifts towards sustainable and bio-based adhesive solutions, driven by environmental regulations and consumer awareness. Additionally, technological advancements in modifying starches could open new application areas and stimulate market growth.
| # | 14 Countries | US Dollars Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Greece | 1.41 | 2023 | View data | ||
| 2 | 2 Denmark | 1.1 | 2023 | View data | ||
| 3 | 3 Austria | 0.77 | 2023 | View data | ||
| 4 | 4 Croatia | 0.52 | 2023 | View data | ||
| 5 | 5 Saudi Arabia | 0.43 | 2023 | View data | ||
| 6 | 6 Italy | 0.41 | 2023 | View data | ||
| 7 | 7 Germany | 0.38 | 2023 | View data | ||
| 8 | 8 Spain | 0.3 | 2023 | |||
| 9 | 9 Canada | 0.24 | 2023 | View data | ||
| 10 | 10 Moldova | 0.22 | 2023 | View data | ||
