The Amino-Resins, Phenolic Resins, and Polyurethanes market in Denmark reached 109.18 million euros in 2023, showing a steady growth trend over the years. Notably, year-on-year growth for 2022 and 2023 was 2.47% and 2.39%, respectively. The compound annual growth rate (CAGR) for the past five years stood at 1.69%, reflecting moderate expansion. From 2013 to 2023, the market experienced fluctuations, with peak growth in 2017, primarily driven by increased industrial demand.
Future Trends to Watch:
- Adoption of sustainable resin solutions.
- Tighter regulations on volatile organic compounds (VOCs) influencing product formulations.
- Rise in construction and automotive sectors boosting demand for specialized resins.
How does Denmark rank in Amino-Resins (Excluding Urea, Thiourea and Melamine Resins), Phenolic Resins and Polyurethanes Market Size Value?
| # | 10 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 1,947,600,000 | 2023 | +3.1% | +2.19% | View data |
| 2 | 2 United Kingdom | 955,530,000 | 2023 | +1.64% | +1.52% | View data |
| 3 | 3 Spain | 394,450,000 | 2023 | +3.45% | +2.26% | View data |
| 4 | 4 Austria | 266,320,000 | 2023 | +5.24% | +0.024% | View data |
| 5 | 5 Finland | 185,980,000 | 2023 | +3.83% | +0.72% | View data |
| 6 | 6 Denmark | 109,180,000 | 2023 | +2.39% | +1.69% | |
| 7 | 7 Slovakia | 72,595,000 | 2020 | -1.91% | +4.89% | View data |
| 8 | 8 Sweden | 62,595,000 | 2023 | -0.49% | +2.71% | View data |