In 2023, Germany dominated European silicone production with nearly 88.35% of the market share in kilograms, followed by Italy and Spain at 4.44% and 3.24%, respectively. Austria, Belgium, and Hungary comprise smaller segments, and countries like Estonia, Croatia, and Lithuania barely register in the figures. Notably, Italy experienced a significant production increase of 30.62% year-on-year, while the Netherlands saw a decrease of 22.13%. Over the past five years, Germany maintained its leadership with a steady CAGR, while Italy showed rapid growth.
Future trends to watch:
- Germany's market leadership will likely continue, exerting substantial influence over European production dynamics.
- Italy's upward trajectory might promote higher production investments or shifts in market approaches.
- Potential technological advancements could impact production efficiency and output distribution across smaller European markets.
- Environmental regulations and sustainable production practices might shape output quantities, particularly in innovative regions.
Top countries in Production of Silicones in Primary Forms Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 88.35 | 2023 | +1.13% | +0.11% | View data |
| 2 | 2 Italy | 4.44 | 2023 | +2.56% | +30.62% | View data |
| 3 | 3 Spain | 3.24 | 2023 | +4.3% | +5.16% | View data |
| 4 | 4 Austria | 1 | 2023 | +7.59% | +9.16% | View data |
| 5 | 5 Belgium | 0.76 | 2021 | -45.89% | View data | |
| 6 | 6 Hungary | 0.66 | 2021 | +13.04% | View data | |
| 7 | 7 Poland | 0.63 | 2023 | +16.66% | +19.97% | View data |
| 8 | 8 Netherlands | 0.54 | 2023 | +1.1% | -22.13% | View data |
| 9 | 9 Denmark | 0.077 | 2023 | +2.64% | +2.76% | View data |
| 10 | 10 Finland | 0.06 | 2021 | +202.73% | View data |
