The Alkyd Resins Market in Sweden has seen significant fluctuations over the past decade, with values decreasing from 2012 to 2015, then experiencing a slight increase in 2016 before continuing the downward trend until 2020. Notable are year-on-year variations, with considerable drops in 2012 (-10.11%) and 2019 (-11.2%), and an exceptional increase in 2016 (+12.99%). The average variation per year (CAGR) over the last five years shows a consistent decline, indicating ongoing challenges in the market. Recent years, 2021 and 2022, also saw fluctuations with a recovery in 2021 (+6.36%) followed by a dip in 2022 (-4.59%).
Forecasting into 2024, the alkyd resins market is expected to remain volatile, with potential recovery driven by increased demand in sustainable and eco-friendly coatings, and innovations in technology. Monitoring regulatory changes and advancements in biodegradable resin alternatives will be crucial for understanding future growth dynamics.
| # | 10 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 259,240,000 | 2023 | +0.87% | +0.77% | View data |
| 2 | 2 Spain | 156,380,000 | 2023 | +6.93% | +3.77% | View data |
| 3 | 3 United Kingdom | 83,885,000 | 2023 | +1.35% | -0.31% | View data |
| 4 | 4 Poland | 46,697,000 | 2023 | -0.18% | -0.68% | View data |
| 5 | 5 Italy | 30,727,000 | 2023 | -13.17% | -11.09% | View data |
| 6 | 6 Belgium | 28,729,000 | 2023 | +3.18% | +2.12% | View data |
| 7 | 7 Finland | 15,721,000 | 2023 | -2.45% | -1.04% | View data |
| 8 | 8 Sweden | 14,791,000 | 2023 | -3.19% | -3.15% | |
| 9 | 9 Denmark | 8,727,200 | 2023 | -3.62% | -3% | View data |
| 10 | 10 Croatia | 3,468,400 | 2023 | -0.86% | -1.5% | View data |