The European sold production of bituminous mixtures reveals varying growth trends across countries. France leads the market with a share of 24.93% in 2023. Significant year-on-year increases were seen in Norway (21.12%), Romania (12.45%), and Spain (5.46%), while countries like Poland (-3.37%) and Macedonia (-4.0%) faced declines. Over the past five years, the industry's compound annual growth rate (CAGR) indicates a mixed directional change across the region.
Future trends to watch include increased investments in green infrastructure and sustainable construction practices, which could drive demand. Emerging markets may focus on enhancing transportation infrastructure, offering potential growth opportunities in countries with lower current market shares.
Top countries in Sold Production of Bituminous Mixtures Based on Natural and Artificial Stone Materials and Bitumen, Natural Asphalt or Related Substances As a Binder Share by Country (Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 24.93 | 2023 | +3.3% | +1.29% | View data |
| 2 | 2 United Kingdom | 15.14 | 2023 | +2.48% | +2.85% | View data |
| 3 | 3 Germany | 13.64 | 2023 | +1.04% | +0.67% | View data |
| 4 | 4 Italy | 9.59 | 2023 | +3.47% | +4.84% | View data |
| 5 | 5 Spain | 6.86 | 2023 | +13.87% | +5.46% | View data |
| 6 | 6 Austria | 4.01 | 2023 | +4.69% | +4.41% | View data |
| 7 | 7 Ireland | 3.77 | 2023 | +4.48% | +2.49% | View data |
| 8 | 8 Sweden | 3.16 | 2023 | +1.43% | +7.83% | View data |
| 9 | 9 Denmark | 2.93 | 2023 | +1.72% | -0.27% | View data |
| 10 | 10 Norway | 2.89 | 2023 | +2.9% | +21.12% | View data |
