In 2023, the market size for Paints and Varnishes based on Polyesters, Acrylic or Vinyl Polymers in a Non-Aqueous Medium in Romania stood at 43.187 million kilograms. Over the past decade, the market showed notable fluctuations. After peaking in 2015, a decline was observed, hitting a significant low in 2020. A slight recovery occurred, though from 2021 to 2023, growth was modest with a slight downturn in 2023. The average annual decline over the last five years was -1.9%, indicating a generally stagnant market.
Looking forward, potential growth drivers include:
- Increasing demand for environmentally friendly products.
- Advancements in industrial applications.
- Recovery and adaptation post-pandemic.
How does Romania rank in Paints and Varnishes Based on Polyesters, Acrylic or Vinyl Polymers in a Non-Aqueous Medium Market Size Volume?
| # | 20 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Spain | 269,920,000 | 2023 | -0.22% | -0.62% | View data |
| 2 | 2 France | 262,290,000 | 2023 | +0.047% | -2.23% | View data |
| 3 | 3 Germany | 254,500,000 | 2023 | +1.61% | -3.59% | View data |
| 4 | 4 United Kingdom | 200,580,000 | 2023 | +0.65% | +0.84% | View data |
| 5 | 5 Poland | 177,520,000 | 2023 | +1.59% | +1.8% | View data |
| 8 | 8 Czech Republic | 64,797,000 | 2023 | +0.47% | +0.73% | View data |
| 9 | 9 Greece | 58,360,000 | 2023 | +2.45% | +2.05% | View data |
| 10 | 10 Romania | 43,187,000 | 2023 | -2.33% | -1.9% | |
| 11 | 11 Austria | 38,175,000 | 2023 | -1.16% | +0.31% | View data |
| 12 | 12 Denmark | 36,345,000 | 2023 | +4.13% | +4.42% | View data |
