In 2023, Germany led the European market in the production of pigments dispersed in non-aqueous media used in paints, with a 22.49% market share, followed closely by the United Kingdom and Italy, accounting for 21.35% and 21.22%, respectively. Notable trends include slight declines in major markets such as Germany, France, and Italy, while Sweden and Hungary showed positive growth. The market has seen a variety of year-on-year contractions and expansions, with countries like Spain experiencing substantial declines in production.
Future trends in the European market could see increased innovation in sustainable and environmentally-friendly pigments. Additional growth opportunities may arise with advancements in nanotechnology and the use of high-performance pigments in automotive and construction sectors. Keeping an eye on regulatory changes related to environmental considerations will also be critical for forecast adjustments in production dynamics.
Top countries in Sold Production of Pigments, Including Metallic Powders and Flakes, Dispersed in Non-Aqueous Media Used in Paints Manufacturing Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 22.49 | 2023 | +4.19% | -1.34% | View data |
| 2 | 2 United Kingdom | 21.35 | 2023 | -2.82% | -0.67% | View data |
| 3 | 3 Italy | 21.22 | 2023 | +8.45% | -0.64% | View data |
| 4 | 4 France | 14.55 | 2023 | +1.93% | -1.25% | View data |
| 5 | 5 Sweden | 4.98 | 2023 | +3.04% | +1.39% | View data |
| 6 | 6 Czechia | 4.61 | 2023 | |||
| 7 | 7 Belgium | 4.4 | 2023 | +11.97% | -4.61% | View data |
| 8 | 8 Netherlands | 3.71 | 2023 | +2.97% | -0.028% | View data |
| 9 | 9 Spain | 3.06 | 2023 | +2.84% | -9.57% | View data |
| 10 | 10 Finland | 0.7 | 2023 | -5.51% | -0.9% | View data |