In 2023, Italy led the European market in the production of paints and varnishes based on acrylic or vinyl polymers in a non-aqueous medium, with 59.575 million kg, showing an 11.88% increase. Spain follows with a significant presence, reaching 24.582 million kg and a 7.53% growth. France and the UK, at 14.492 and 14.295 million kg respectively, exhibited marginal growth, contrasting with Germany’s decrease of 8.03% to 12.391 million kg. Finland's production surged by 54.13% in 2023, despite being lower in total volume compared to leading countries. Over a five-year CAGR, Italy and Austria showed robust growth rates, while Croatia and Portugal displayed declines.
Future trends indicate a growing interest in environmentally friendly and high-performance paint and varnish solutions. Technological advancements and sustainability initiatives may drive further growth in Italy and small markets showing high potential. The industry may face regulatory changes affecting production and distribution, impacting overall production outputs across Europe.
Top countries in Sold Production of Paints and Varnishes, Based on Acrylic or Vinyl Polymers Dispersed or Dissolved in Non-Aqueous Medium (Including Enamels and Lacquers) by Country
| # | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 59,575,000 | 2023 | +9.83% | +11.88% | View data |
| 2 | 2 Spain | 24,582,000 | 2023 | +4.99% | +7.53% | View data |
| 3 | 3 France | 14,492,000 | 2023 | -4.05% | +0.39% | View data |
| 4 | 4 United Kingdom | 14,295,000 | 2023 | +3.9% | +5.38% | View data |
| 5 | 5 Germany | 12,391,000 | 2023 | +7.55% | -8.03% | View data |
| 6 | 6 Belgium | 12,151,000 | 2023 | +9.03% | +0.96% | View data |
| 7 | 7 Finland | 10,277,000 | 2023 | +24.11% | +54.13% | View data |
| 8 | 8 Netherlands | 8,145,300 | 2023 | +0.73% | -2.7% | View data |
| 9 | 9 Greece | 7,190,800 | 2023 | +5.95% | +9.36% | View data |
| 10 | 10 Austria | 6,488,900 | 2023 | +8.18% | +11.84% | View data |
