In 2023, Germany led the European market for refractory cements, mortars, concretes, and similar compositions with 434.4 million euros in sold production. France and the UK followed, while Croatia and Serbia trailed. Year-on-year, Denmark and Sweden saw notable increases of 8.8% and 11.39%, respectively, while Austria and Portugal faced declines. Over the past two years, the UK's market slightly contracted, while countries like Romania experienced a solid 5.6% rise. The sector's five-year CAGR indicates consistent but modest growth across key markets.
Future trends to watch include:
- The impact of sustainable and green construction practices on material demand.
- Potential shifts in regional production capacities driven by geopolitical developments.
- Technological advancements in manufacturing processes that could influence cost and efficiency.
- A global push for urbanization, which might expand production scales and strategic partnerships within Europe.
Top countries in Sold Production of Refractory Cements, Mortars, Concretes and Similar Compositions by Country
| # | 10 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 434,400,000 | 2023 | +3.48% | +0.043% | View data |
| 2 | 2 France | 175,170,000 | 2023 | +7.38% | +1.39% | View data |
| 3 | 3 United Kingdom | 163,200,000 | 2023 | +0.26% | -1.12% | View data |
| 4 | 4 Italy | 129,150,000 | 2023 | -3.51% | +3.71% | View data |
| 5 | 5 Austria | 98,416,000 | 2023 | +0.88% | -3.12% | View data |
| 6 | 6 Poland | 75,385,000 | 2023 | +2.92% | +3.19% | View data |
| 7 | 7 Spain | 69,963,000 | 2023 | +4.89% | -1.47% | View data |
| 8 | 8 Belgium | 63,279,000 | 2021 | +2.04% | View data | |
| 9 | 9 Sweden | 35,933,000 | 2023 | +4.58% | +11.39% | View data |
| 10 | 10 Netherlands | 34,493,000 | 2023 | +0.11% | -1.08% | View data |
