The United Kingdom leads in European sold production of glass fibers, including glass wool, valued at €330.46 million in 2023. Germany and Belgium follow, with values of €262.79 million and €234.78 million, respectively. Notably, Italy exhibited significant growth with a 10.79% increase, while Denmark saw a decline of 8.39%. Portugal experienced the highest growth at 18.33%, despite its lower production volume. The variation percentages over the last year indicate variable trends across countries. Over a five-year span, growth patterns show disparities, indicating differing maturation stages within European markets.
Future trends to watch include technological advancements in production and sustainability initiatives, which are likely to influence growth trajectories. Countries with stronger increases or less mature markets could see further expansion as industries evolve. Monitoring regulatory changes and global demand shifts will also be critical in projecting long-term growth in European glass fiber production.
Top countries in Sold Production of Glass Fibres (Including Glass Wool and Articles Thereof) by Country
| # | 10 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 330,460,000 | 2023 | +0.35% | +1.18% | View data |
| 2 | 2 Germany | 262,790,000 | 2021 | +7.28% | View data | |
| 3 | 3 Belgium | 234,780,000 | 2023 | +5.94% | +5.87% | View data |
| 4 | 4 Italy | 152,320,000 | 2023 | +39.55% | +10.79% | View data |
| 5 | 5 Finland | 106,440,000 | 2023 | +5.92% | +3.82% | View data |
| 6 | 6 France | 90,546,000 | 2023 | +7.23% | +8.8% | View data |
| 7 | 7 Denmark | 76,824,000 | 2023 | -15.73% | -8.39% | View data |
| 8 | 8 Romania | 23,107,000 | 2023 | +3.25% | +3.49% | View data |
| 9 | 9 Poland | 17,018,000 | 2023 | +2.73% | +1.71% | View data |
| 10 | 10 Lithuania | 9,076,500 | 2023 | +5.76% | +9.19% | View data |