The market size for paints and varnishes based on acrylic or vinyl polymers dispersed or dissolved in a non-aqueous medium in the Netherlands has shown a consistent decline from 2013 to 2023, decreasing from 89.65 million euros to 52.611 million euros. The year-on-year variation reflects a fluctuating, yet predominantly downward trend with notable declines of 14.04% in 2020 and 4.47% in 2023. Over the last five years, the compound annual growth rate indicates an average annual decline of 5.31%.
Future trends to watch for include:
- Innovations in solvent technology focusing on reducing environmental impact.
- Potential recovery influenced by construction and automotive market demands.
- Increasing regulatory pressures on non-aqueous solvent use driving shifts towards more eco-friendly alternatives.
- Digital advancements enhancing customization and application efficiency.
How does the Netherlands rank in Paints and Varnishes Based on Acrylic or Vinyl Polymers Dispersed or Dissolved in a Non-Aqueous Medium with the Weight of the Solvent at Least 50% of the Weight of the Solution Market Size Value?
| # | 7 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Spain | 94,801,000 | 2023 | +1.21% | +0.42% | View data |
| 2 | 2 Italy | 92,776,000 | 2023 | -0.13% | -3.64% | View data |
| 3 | 3 Netherlands | 52,611,000 | 2023 | -4.47% | -5.31% | |
| 4 | 4 Poland | 41,210,000 | 2023 | +1.79% | +0.33% | View data |
| 5 | 5 Greece | 19,478,000 | 2023 | -0.53% | -0.33% | View data |