In 2024, Germany leads European production of aqueous acrylic or vinyl polymer paints and varnishes, followed by Italy and the United Kingdom. Notable year-on-year growths include Austria with a 5.55% increase and the United Kingdom with 4.9%. Norway experienced significant growth at 90.22%, whereas Serbia and Slovakia faced notable declines of -9.63% and -15.6% respectively. Over the last five years, Germany maintained a steady annual growth, reflecting stable demand across key markets in Europe.
Future trends to watch include:
- Increasing environmental regulations may drive innovation towards more sustainable formulations.
- Technological advancements such as smart coatings could disrupt traditional markets.
- Potential expansion in Eastern European countries as their markets mature.
Top countries in Sold Production of Paints and Varnishes Based on Acrylic or Vinyl Polymers, in an Aqueous Medium by Country
| # | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 1,109,400,000 | 2023 | +0.33% | +0.85% | View data |
| 2 | 2 Italy | 598,910,000 | 2023 | -0.55% | +1.49% | View data |
| 3 | 3 United Kingdom | 534,070,000 | 2023 | +1.16% | +4.9% | View data |
| 4 | 4 France | 483,090,000 | 2023 | +4.78% | +2.44% | View data |
| 5 | 5 Poland | 288,110,000 | 2023 | -0.021% | +0.61% | View data |
| 6 | 6 Serbia | 219,670,000 | 2023 | +4.06% | -9.63% | View data |
| 7 | 7 Netherlands | 185,600,000 | 2023 | +1.37% | +2.47% | View data |
| 8 | 8 Romania | 169,750,000 | 2023 | +3.13% | +4.15% | View data |
| 9 | 9 Sweden | 165,490,000 | 2023 | +1.29% | +3.62% | View data |
| 10 | 10 Spain | 151,830,000 | 2021 | -68.82% | -21.1% | View data |
