The market for paints and varnishes based on polyesters, acrylic or vinyl polymers in a non-aqueous medium in the Netherlands in 2023 was valued at 384.55 million euros. The market has been experiencing a declining trend, with a particularly sharp decline noted in 2015 and 2019, followed by fluctuating recovery phases. The last two years showed slight decreases, with a 1.55% drop in 2022 and a further 1.56% drop in 2023. The compound annual growth rate over the last five years stands at -3.07%, highlighting overall negative growth and market contraction.
Future trends to watch for:
- Transition towards environmentally friendly and water-based alternatives due to regulatory pressures and consumer preferences.
- Potential innovations in product formulations aimed at enhancing the durability and application efficiency of these coatings.
- Market opportunities in renovation and infrastructure projects may help stabilize or boost demand.
How does the Netherlands rank in Paints and Varnishes Based on Polyesters, Acrylic or Vinyl Polymers in a Non-Aqueous Medium Market Size Value?
| # | 19 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 1,338,500,000 | 2023 | +1.46% | -1.3% | View data |
| 2 | 2 France | 1,306,700,000 | 2023 | -0.94% | -1.53% | View data |
| 3 | 3 United Kingdom | 1,244,800,000 | 2023 | +1.22% | +2.11% | View data |
| 4 | 4 Italy | 1,132,500,000 | 2023 | -2.66% | -3.85% | View data |
| 5 | 5 Poland | 877,930,000 | 2023 | +1.8% | +0.58% | View data |
| 6 | 6 Spain | 844,450,000 | 2023 | -10.95% | -7.95% | View data |
| 7 | 7 Czech Republic | 399,820,000 | 2023 | +1.88% | +4.94% | View data |
| 8 | 8 Netherlands | 384,550,000 | 2023 | -1.56% | -3.07% | |
| 9 | 9 Portugal | 370,570,000 | 2023 | +2.71% | +2.26% | View data |
| 10 | 10 Romania | 273,850,000 | 2023 | +1.61% | +1.66% | View data |