Italy dominates the European market for vulcanised solid rubber articles, holding nearly 40% of the share, followed by Germany and France. Recent year-on-year data indicates a marginal decline in Germany and France, while Italy's production saw a slight increase. Notably, the UK, Sweden, Slovenia, and Croatia demonstrated positive growth, whereas Slovakia and Poland experienced significant reductions. Over a five-year period, the compound annual growth rate shows stability within larger markets, with smaller countries like Croatia showing potential for growth.
Future trends to observe include:
- Potential growth in smaller markets like Croatia and Slovenia could challenge the existing leaders.
- Adaptations in production technology and shifts towards sustainable practices could influence market shares.
- Economic conditions, trade policies, and technological advancements will continue to shape the market landscape.
Top countries in Sold Production of Articles of Vulcanised Solid Rubber Other than for Tractors and Motor Vehicles Share by Country (Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 39.15 | 2023 | +8.57% | +2.14% | View data |
| 2 | 2 Germany | 26.18 | 2023 | +0.049% | -0.71% | View data |
| 3 | 3 France | 11.67 | 2023 | +2.19% | -0.66% | View data |
| 4 | 4 Slovakia | 5.81 | 2023 | +0.39% | -8.28% | View data |
| 5 | 5 United Kingdom | 2.7 | 2023 | +0.73% | +4.39% | View data |
| 6 | 6 Czechia | 2.2 | 2023 | |||
| 7 | 7 Poland | 1.61 | 2023 | -12.78% | -9.72% | View data |
| 8 | 8 Hungary | 1.34 | 2023 | +2.6% | +3.33% | View data |
| 9 | 9 Sweden | 1.2 | 2023 | -0.46% | +6.05% | View data |
| 10 | 10 Spain | 1.17 | 2023 | +5.33% | +1.95% | View data |
