The Austrian market for organic composite solvents and thinners based on butyl acetate, used alongside coatings and inks, was valued at 1.6332 million kilograms in 2023. Over the last two years, the market showed minimal growth with a year-on-year increase of 0.83% in 2023 following a 0.85% rise in 2022. Analyzing a longer trend, the market depicted a slight decrease with a five-year CAGR of -0.57%, suggesting overall stagnation.
Looking ahead, sustainability and environmental regulations will be critical influencers. Innovations toward greener substitutes and shifts in end-user industry preferences may shape future demand, possibly revitalizing growth in a currently steady market.
How does Austria rank in Organic Composite Solvents and Thinners Based on Butyl Acetate Used in Conjunction with Coatings and Inks Market Size Volume?
| # | 11 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 10,663,000 | 2023 | +2.31% | +2.26% | View data |
| 2 | 2 Germany | 8,912,500 | 2023 | -2.78% | -3.07% | View data |
| 3 | 3 Spain | 8,083,000 | 2023 | +0.61% | +2.49% | View data |
| 4 | 4 Portugal | 3,485,400 | 2023 | -1.33% | -1.94% | View data |
| 5 | 5 Romania | 1,943,300 | 2023 | -1.59% | -2.22% | View data |
| 6 | 6 Austria | 1,633,200 | 2023 | +0.83% | -0.57% | |
| 7 | 7 Bulgaria | 1,235,100 | 2023 | -1.77% | -1.01% | View data |
| 8 | 8 Czech Republic | 1,200,400 | 2023 | +4.59% | +0.007% | View data |
