The organic composite solvents and thinners market in Greece, excluding butyl acetate-based products, stood at 23.495 million Euros in 2023. The market has shown a positive growth trajectory from 2013 to 2023, with a notable Compound Annual Growth Rate (CAGR) of 1.7% over the past five years.
Key year-on-year changes:
- 2022 to 2023: 3.1% growth
- 2021 to 2022: 1.51% growth
Future trends to watch include increasing emphasis on environmentally friendly solvent alternatives and regulatory changes impacting chemical formulations. Technological advancements in coatings and ink production may drive demand for specialized organic solvents.
How does Greece rank in Organic Composite Solvents and Thinners Not Based on Butyl Acetate Used in Conjunction with Coatings and Inks Market Size Value?
| # | 10 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 229,930,000 | 2023 | +7.54% | +7.53% | View data |
| 2 | 2 Romania | 47,230,000 | 2023 | +3.33% | +3.54% | View data |
| 3 | 3 Czech Republic | 30,382,000 | 2023 | +0.39% | -3.79% | View data |
| 4 | 4 Greece | 23,495,000 | 2023 | +3.1% | +1.7% | |
| 5 | 5 Portugal | 23,074,000 | 2023 | -1.79% | +0.41% | View data |
| 6 | 6 Finland | 15,409,000 | 2023 | +0.22% | +0.13% | View data |
