The Portuguese market for paints and varnishes based on polyesters, acrylic, or vinyl polymers in a non-aqueous medium has shown fluctuations between 2013 and 2023. The market volume stood at 68.231 million kilograms in 2023. The past decade observed significant volatility with varying year-on-year changes, such as a notable increase in 2021 and a contraction in 2019. Over the last five years, the market's compound annual growth rate was relatively modest at 1.24%. During 2022 and 2023, the market growth rate was slight, signaling a potential stabilization.
Looking ahead, potential areas of interest include:
- Impact of sustainability trends driving demand for environmentally friendly products.
- Technological advancements influencing product innovation and market dynamics.
- Economic conditions in Portugal affecting industrial and consumer usage.
How does Portugal 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 |
| 6 | 6 Netherlands | 75,053,000 | 2023 | -2.6% | -2.78% | View data |
| 7 | 7 Portugal | 68,231,000 | 2023 | +1.86% | +1.24% | |
| 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 |
