In 2023, the Glaziers’ Putty, Grafting Putty, Resin Cements, Caulking Compounds, and Other Mastics market in Romania stood at 64.63 million Euros, illustrating a continuation of growth with a 2.74% increase from the previous year. Over the past two years, this market saw an average annual increase of 2.79%, reflecting a steady upward trend. Over the past five years, the Compound Annual Growth Rate (CAGR) was 3.62%, demonstrating moderate growth momentum after periods of fluctuation between 2016 and 2019.
Looking forward, the market is expected to be influenced by:
- Increasing construction activities driven by urbanization and infrastructure projects.
- The rise in eco-friendly and sustainable building materials.
- Technological advancements leading to innovative product developments.
- Potential economic shifts that could impact building and renovation projects.
