The Romanian market for Organic Composite Solvents and Thinners not based on Butyl Acetate used in conjunction with coatings and inks has seen consistent growth from 2013 to 2023, reaching a volume of 22.057 million kilograms in 2023. The year-on-year growth has varied, with notable increases in 2019 and modest growth thereafter. Over the last five years, the compound annual growth rate has averaged around 4.93%.
Future trends to watch include the increasing global demand for environmentally friendly and sustainable solvents, which could drive innovation and further market growth. Additionally, regulatory changes related to chemical production and usage might impact market dynamics.
How does Romania rank in Organic Composite Solvents and Thinners Not Based on Butyl Acetate Used in Conjunction with Coatings and Inks Market Size Volume?
| # | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 120,640,000 | 2023 | +3.22% | +3.62% | View data |
| 2 | 2 France | 32,537,000 | 2023 | +0.24% | +2.82% | View data |
| 3 | 3 Romania | 22,057,000 | 2023 | +3.39% | +4.93% | |
| 4 | 4 Greece | 10,223,000 | 2023 | +3.72% | +0.73% | View data |
| 5 | 5 Czech Republic | 9,747,000 | 2023 | -3.24% | -3.92% | View data |