The European market for cellular polyurethanes has diverse growth patterns. In 2023, Germany leads with significant value, showing a moderate 2.75% growth. Italy and Portugal are notable, both with strong growth over 6%, while major markets like the UK and France faced declines. Poland and the Netherlands have stable, positive growth, while Bulgaria, Denmark, and Finland show promising increases. Smaller markets like Croatia, Estonia, and Greece exhibit slight negative or stagnant trends. Over the last two years, trends reveal mixed performance across Europe with varying growth rates, indicating the market's complexity and resilience.
Future trends to watch include potential growth acceleration in emerging markets driven by increasing demand for eco-friendly materials, and technological advancements in polyurethane production. Industry shifts toward sustainability and innovative applications might impact production dynamics, offering opportunities and challenges for European producers.
Top countries in Sold Production of Plates, Sheets, Film, Foil and Strip of Cellular Polyurethanes by Country
| # | 10 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 1,411,200,000 | 2023 | +2.87% | +2.75% | View data |
| 2 | 2 United Kingdom | 692,110,000 | 2023 | +1.51% | -0.49% | View data |
| 3 | 3 Italy | 631,900,000 | 2023 | +1.87% | +6.53% | View data |
| 4 | 4 Poland | 399,860,000 | 2023 | +2.06% | +0.23% | View data |
| 5 | 5 Netherlands | 335,840,000 | 2023 | +4.92% | +2.86% | View data |
| 6 | 6 Belgium | 318,450,000 | 2023 | +1.15% | +1.62% | View data |
| 7 | 7 Portugal | 314,100,000 | 2023 | +7.66% | +6.71% | View data |
| 8 | 8 France | 312,390,000 | 2023 | -4.51% | -4.05% | View data |
| 9 | 9 Spain | 269,420,000 | 2023 | +3.89% | -1.11% | View data |
| 10 | 10 Czechia | 151,700,000 | 2023 |
