The European production of alkyd resins in primary forms is predominantly led by Germany, which commands a significant share of 52.81% in kilograms. Italy follows with 15.22%, but is experiencing a robust upwards trend with a 17.43% year-on-year increase in production as of 2023. Other notable producers include Poland and Spain, each holding over 7% of the share, although both countries have faced production declines recently. The Netherlands and Estonia have dropped their shares significantly, with the Netherlands exiting production completely. France, Belgium, and Croatia have also seen downturns, while Romania and others maintain stability.
Looking to the future, the fluctuating trends seen in 2023 indicate potential for redistribution in production shares. Countries like Italy, showing positive growth, could benefit from increased production capabilities. Monitoring technological advancements, regulatory changes, and economic conditions will be key to predicting further shifts in the sector. Newer entrants might emerge as notable contributors depending on their adaptation to market demand and innovation in resin production.
Top countries in Production of Alkyd Resins in Primary Forms Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 52.81 | 2023 | +0.2% | -6.74% | View data |
| 2 | 2 Italy | 15.22 | 2023 | +5.82% | +17.43% | View data |
| 3 | 3 Poland | 7.59 | 2023 | +2.52% | -3.39% | View data |
| 4 | 4 Spain | 7.56 | 2023 | +0.076% | -16.47% | View data |
| 5 | 5 Netherlands | 4.29 | 2023 | -22.77% | View data | |
| 6 | 6 Belgium | 4 | 2023 | -5.12% | -6.58% | View data |
| 7 | 7 France | 2.71 | 2023 | +0.069% | -12.51% | View data |
| 8 | 8 Romania | 1.87 | 2023 | -4.6% | +0.086% | View data |
| 9 | 9 United Kingdom | 1.31 | 2023 | -26.09% | View data | |
| 10 | 10 Bulgaria | 1.21 | 2023 | View data |
