In 2023, Germany led European production of pigments and preparations based on titanium dioxide, excluding high-concentration formulations, with nominal production worth EUR 355.37 million. Belgium followed with EUR 162.94 million. Most noteworthy growth from the previous year was observed in France with a 4.42% increase, while Finland experienced a sharp decline of 31.77%. Germany and Belgium demonstrated slight growth, whereas the United Kingdom, Italy, Spain, and the Netherlands saw declines, indicating diverse market conditions across Europe.
Future trends may see increased environmental regulations pushing for sustainable production methods. Technological advancements may augment efficiency, potentially altering production scales across countries. The sector should monitor shifts in demand tied to global economic variations and potential Brexit-related market reconfigurations affecting the UK.
Top countries in Sold Production of Pigments and Preparations Based on Titanium Dioxide (Excluding Those Containing More than 80% by Weight of Titanium Dioxide) by Country
| # | 10 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 355,370,000 | 2023 | +5.78% | +0.91% | View data |
| 2 | 2 Belgium | 162,940,000 | 2023 | +13.69% | +1.01% | View data |
| 3 | 3 United Kingdom | 51,074,000 | 2023 | +0.68% | +0.84% | View data |
| 4 | 4 Spain | 44,539,000 | 2023 | +6.17% | -2.26% | View data |
| 5 | 5 Italy | 32,079,000 | 2023 | +6% | -3.08% | View data |
| 6 | 6 Netherlands | 14,549,000 | 2023 | -8.32% | -5.13% | View data |
| 7 | 7 Sweden | 13,309,000 | 2023 | -9.69% | View data | |
| 8 | 8 France | 10,557,000 | 2023 | +5.99% | +4.42% | View data |
| 9 | 9 Finland | 919,970 | 2023 | -67.35% | -31.77% | View data |
| 10 | 10 Denmark | 108,240 | 2021 | +278.82% | View data |
