In 2023, Germany led the European sold production of polyurethanes in primary forms at 2.295 billion euros, followed by Belgium at 1.4934 billion euros, and Italy at 0.84608 billion euros. The United Kingdom and the Netherlands also had substantial production values. France, despite being lower at 0.19108 billion euros, saw the highest growth at 6.79%. Conversely, Spain experienced a notable decline of 4.4%. Smaller markets like Greece and Finland showed significant growth, especially Finland with a 33.9% increase. Croatia faced the largest decrease at 15.9%. Over the last 5 years, Germany's CAGR was negative, reflecting a slight contraction in production value.
Future trends to watch for include increased production capacities and technological advancements in major markets like Germany and Italy. Sustainability initiatives and shifts towards eco-friendly materials are likely to influence production dynamics across Europe. Additionally, the economic recovery and industrial demand changes in the post-pandemic period will play pivotal roles in shaping the market landscape.
Top countries in Sold Production of Polyurethanes in Primary Forms by Country
| # | 10 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 2,295,000,000 | 2023 | +4.04% | -0.29% | View data |
| 2 | 2 Belgium | 1,493,400,000 | 2023 | +5.49% | -0.58% | View data |
| 3 | 3 Italy | 846,080,000 | 2023 | -1.14% | +0.56% | View data |
| 4 | 4 United Kingdom | 479,790,000 | 2023 | +2.12% | +3.57% | View data |
| 5 | 5 Netherlands | 373,390,000 | 2023 | +4.54% | +3.47% | View data |
| 6 | 6 Spain | 301,950,000 | 2023 | -2.79% | -4.4% | View data |
| 7 | 7 France | 191,080,000 | 2023 | +5% | +6.79% | View data |
| 8 | 8 Czechia | 107,430,000 | 2023 | |||
| 9 | 9 Romania | 101,870,000 | 2023 | +3.68% | +1.36% | View data |
| 10 | 10 Poland | 88,255,000 | 2023 | +3.93% | +5.32% | View data |
