In 2023, Germany led European production of alkyd resins in primary forms with 179.11 million kilograms, experiencing a year-on-year decline of 6.74%. Italy showed a notable increase of 17.43%, reaching 51.608 million kilograms. Meanwhile, Poland and Spain decreased by 3.39% and 16.47%, respectively. The Netherlands ceased production entirely. France and Belgium also recorded decreases, whereas Romania, the UK, and Bulgaria remained stable. Small-scale producers like Croatia and Portugal saw declines or stability. Over the last 5 years, the sector shows diverse CAGR across countries, reflecting varying national strategies and market conditions.
Future trends to watch include the impact of sustainability demands on production methods and materials, shifts in key producing nations due to economic or policy changes, and technological advances potentially redistributing production capacities across Europe.
Top countries in Production of Alkyd Resins in Primary Forms by Country
| # | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 179,110,000 | 2023 | +0.2% | -6.74% | View data |
| 2 | 2 Italy | 51,608,000 | 2023 | +5.82% | +17.43% | View data |
| 3 | 3 Poland | 25,758,000 | 2023 | +2.52% | -3.39% | View data |
| 4 | 4 Spain | 25,626,000 | 2023 | +0.076% | -16.47% | View data |
| 5 | 5 Netherlands | 14,549,000 | 2023 | -22.77% | View data | |
| 6 | 6 Belgium | 13,575,000 | 2023 | -5.12% | -6.58% | View data |
| 7 | 7 France | 9,187,000 | 2023 | +0.069% | -12.51% | View data |
| 8 | 8 Romania | 6,327,300 | 2023 | -4.6% | +0.086% | View data |
| 9 | 9 United Kingdom | 4,456,500 | 2023 | -26.09% | View data | |
| 10 | 10 Bulgaria | 4,106,100 | 2023 | View data |