The Glues Based on Starches or Modified Starches market in Austria experienced fluctuations from 2013 to 2023, peaking in 2014 with a value of $8.6268 million, before declining steadily to $6.8479 million by 2023. The recent two-year decline rates were around 2%, while the five-year CAGR was -1.44%. The downward trend from 2018 highlights challenges such as shifting market preferences or competitive pressures.
Future trends to watch for:
- Innovations in alternative adhesives could further impact demand.
- Regulatory changes promoting sustainable products may rekindle interest.
- Economic shifts could influence investment in this sector.
| # | 14 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 31,392,000 | 2023 | -0.14% | -0.89% | View data |
| 2 | 2 Italy | 24,745,000 | 2023 | +1.14% | +1.75% | View data |
| 3 | 3 Saudi Arabia | 15,883,000 | 2023 | -0.1% | -0.46% | View data |
| 4 | 4 Greece | 14,623,000 | 2023 | +5.26% | +4.7% | View data |
| 5 | 5 Spain | 13,373,000 | 2023 | -3.08% | +0.14% | View data |
| 6 | 6 Canada | 9,325,300 | 2023 | +0.63% | +1.19% | View data |
| 7 | 7 Ukraine | 7,318,800 | 2023 | -2.86% | -3.72% | View data |
| 8 | 8 Austria | 6,847,900 | 2023 | -2.16% | -1.44% | |
| 9 | 9 Denmark | 6,746,400 | 2023 | +2.11% | +0.036% | View data |
| 10 | 10 Morocco | 3,085,600 | 2023 | -3.14% | -3.27% | View data |