The European production of paints and varnishes based on polyesters in a non-aqueous medium is dominated by Italy and France, which together account for nearly 40% of the total output. Italy leads, despite a 4.88% decrease in 2023, while France saw a positive 3.85% growth. Poland and Greece have shown moderate growth, with increases of 2.72% and 4.04%, respectively. In contrast, Germany and Spain experienced marked declines, with Germany’s production dropping significantly by 10.85%. Estonia exhibited an outstanding increase of 30.31%, indicating a potential shift or growth in production capabilities.
Looking forward, expect continued volatility influenced by economic factors and sustainability trends. Demand for eco-friendly and advanced coatings may drive diversification and technological innovations. Countries that adapt swiftly could gain market share. Monitoring China's and India's impact on this industrial segment will be crucial, as evolving global trade dynamics can redefine production volumes and competitiveness across Europe.
Top countries in Sold Production of Paints and Varnishes, Based on Polyesters Dispersed or Dissolved in a Non-Aqueous Medium (Excluding Enamels and Lacquers) Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 20.05 | 2023 | -2.07% | -4.88% | View data |
| 2 | 2 France | 19.79 | 2023 | +3.25% | +3.85% | View data |
| 3 | 3 Poland | 12.06 | 2023 | +2.33% | +2.72% | View data |
| 4 | 4 Greece | 8.71 | 2023 | +3.4% | +4.04% | View data |
| 5 | 5 Spain | 8.27 | 2023 | -2.66% | -5.65% | View data |
| 6 | 6 Sweden | 7.05 | 2023 | +0.55% | +5.75% | View data |
| 7 | 7 United Kingdom | 6.27 | 2023 | +0.59% | +1.93% | View data |
| 8 | 8 Germany | 5.88 | 2023 | -17.79% | -10.85% | View data |
| 9 | 9 Estonia | 4.85 | 2023 | +21.23% | +30.31% | View data |
| 10 | 10 Portugal | 3.8 | 2023 | +1.55% | +1.84% | View data |
