The 2023 European market for pigments and preparations based on titanium dioxide, excluding those with over 80% titanium dioxide by weight, saw Germany leading with 47.47% market share, followed by Belgium at 21.76%, and the UK at 6.82%. Notably, Germany and Belgium experienced moderate growth, with Germany growing by 0.91% and Belgium by 1.01%. Italy and Spain faced downturns, with contractions of 3.08% and 2.26% respectively. Meanwhile, France displayed a positive growth trend at 4.42%, and Lithuania showed the highest surge with 11.74%, though from a relatively small base.
Future trends to watch:
- Diversification in production may shift shares across countries.
- Sustainability trends and environmental regulations may impact market dynamics.
- Technological advancements could lead to increased efficiency and competition.
- Geopolitical factors and economic climate may alter market landscape.
Top countries in Sold Production of Pigments and Preparations Based on Titanium Dioxide (Excluding Those Containing More than 80% by Weight of Titanium Dioxide) Share by Country (Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 47.47 | 2023 | +5.78% | +0.91% | View data |
| 2 | 2 Belgium | 21.76 | 2023 | +13.69% | +1.01% | View data |
| 3 | 3 United Kingdom | 6.82 | 2023 | +0.68% | +0.84% | View data |
| 4 | 4 Spain | 5.95 | 2023 | +6.17% | -2.26% | View data |
| 5 | 5 Italy | 4.28 | 2023 | +6% | -3.08% | View data |
| 6 | 6 Netherlands | 1.94 | 2023 | -8.32% | -5.13% | View data |
| 7 | 7 Sweden | 1.78 | 2023 | -9.69% | View data | |
| 8 | 8 France | 1.41 | 2023 | +5.99% | +4.42% | View data |
| 9 | 9 Finland | 0.12 | 2023 | -67.35% | -31.77% | View data |
| 10 | 10 Denmark | 0.014 | 2021 | +278.82% | View data |
