In 2023, Germany led the European alkyd resin market with a commanding share of 34.11%, although experiencing a minor decline. The Netherlands notched a noticeable 4.6% growth, capturing 18.49% of the market, followed by Italy with a 9.73% increase. France showed robust growth at 9.56%, while the United Kingdom and Spain experienced declines, of -4.6% and -13.27% respectively. Emphasizing longer-term growth, the market in Poland expanded by 2.08%, while Estonia saw the largest decrease at -32.29%.
Future trends to watch include:
- The ongoing recovery and expansion in Italy and France, driven by innovation and sustainable chemistry.
- The influence of regulatory changes and environmental policies on production methods and competitiveness across countries.
- Shifts in global supply chains and their impacts on export opportunities for European producers.
Top countries in Sold Production of Alkyd Resins in Primary Forms Share by Country (Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 34.11 | 2023 | +0.52% | -1.48% | View data |
| 2 | 2 Netherlands | 18.49 | 2023 | +3.78% | +4.6% | View data |
| 3 | 3 Spain | 10.6 | 2023 | -3.39% | -13.27% | View data |
| 4 | 4 Italy | 10.46 | 2023 | +1.84% | +9.73% | View data |
| 5 | 5 France | 8.33 | 2023 | +3.1% | +9.56% | View data |
| 6 | 6 Poland | 6.47 | 2023 | +1.94% | +2.08% | View data |
| 7 | 7 United Kingdom | 4.63 | 2023 | -3.12% | -4.6% | View data |
| 8 | 8 Belgium | 3.19 | 2023 | -6.44% | -5.05% | View data |
| 9 | 9 Croatia | 1.24 | 2023 | +0.36% | -0.83% | View data |
| 10 | 10 Romania | 0.17 | 2023 | -5.7% | -4.1% | View data |
