As of 2023, the Amino-Resins (excluding Urea, Thiourea, and Melamine Resins), Phenolic Resins, and Polyurethanes market in Croatia is valued at 28.537 million Euros. Over the past decade, the market exhibited fluctuations, with significant growth in 2017 and 2018, followed by a downturn in 2019 and 2020. The market rebounded slightly in 2021 and 2022, with marginal growth in 2023. Over the last five years, the compound annual growth rate (CAGR) was practically stagnant, reflecting a stable but restrained market outlook.
Future trends to watch for:
- Consider potential innovation and green initiatives in manufacturing resins.
- Monitor economic conditions in Europe impacting production costs or demand.
- Watch for regulatory changes affecting material usage or import/export policies.
How does Croatia rank in Amino-Resins (Excluding Urea, Thiourea and Melamine Resins), Phenolic Resins and Polyurethanes Market Size Value?
| # | 10 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 1,947,600,000 | 2023 | +3.1% | +2.19% | View data |
| 2 | 2 United Kingdom | 955,530,000 | 2023 | +1.64% | +1.52% | View data |
| 3 | 3 Spain | 394,450,000 | 2023 | +3.45% | +2.26% | View data |
| 4 | 4 Austria | 266,320,000 | 2023 | +5.24% | +0.024% | View data |
| 5 | 5 Finland | 185,980,000 | 2023 | +3.83% | +0.72% | View data |
| 8 | 8 Sweden | 62,595,000 | 2023 | -0.49% | +2.71% | View data |
| 9 | 9 Lithuania | 29,836,000 | 2023 | +2.52% | +2.04% | View data |
| 10 | 10 Croatia | 28,537,000 | 2023 | +1.98% | +0.065% | |
