In 2023, Germany led European production of sheets and plates of polarising material, achieving substantial growth of 40.85% year-on-year, with a sold production value of 707.56 thousand items. Bulgaria followed closely, with a value of 694.82 and a year-on-year growth of 5.26%. France's production remained stable with no change in 2023. Italy, Hungary, Romania, and Finland showcased lower production figures, although Romania exhibited a notable growth rate of 37.98%. Over the past five years, this industry has experienced varying growth rates, with Germany showing the most robust increase.
Looking ahead, demand for polarising material in Europe is expected to rise due to technological advancements and increasing applications in various industries, including electronics and automotive sectors. Monitoring technological innovations and shifts in market demand will be key for understanding future production trends across these countries.
Top countries in Sold Production of Sheets and Plates of Polarising Material by Country
| # | 7 Countries | Units (Items) | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 707,560 | 2023 | +23.86% | +40.85% | View data |
| 2 | 2 Bulgaria | 694,820 | 2023 | +4.78% | +5.26% | View data |
| 3 | 3 France | 439,110 | 2023 | +36.78% | View data | |
| 4 | 4 Italy | 125,610 | 2021 | +68.79% | -34.89% | View data |
| 5 | 5 Hungary | 67,740 | 2023 | +4.24% | +12.98% | View data |
| 6 | 6 Romania | 50,310 | 2023 | +6.1% | +37.98% | View data |
| 7 | 7 Finland | 30 | 2023 | +23.81% | View data |
