The Finnish market for Organic Composite Solvents and Thinners Not Based on Butyl Acetate used in coatings and inks has experienced a declining trend in recent years, with a market volume standing at 2.6169 million kilograms in 2023. The market faced a significant decrease over the past two years, reflecting a year-on-year decline of 4.91% in 2022 and 5.12% in 2023. Over the last five years, the compound annual growth rate (CAGR) indicates an average yearly contraction of 5.38%.
Future trends to monitor:
- Shifts in consumer preferences towards more environmentally friendly solvents.
- Regulatory changes impacting solvent use in industrial applications.
- Technological advancements in solvent alternatives that may drive new market dynamics.
- Economic conditions and industrial production levels influencing market demand.
| # | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 120,640,000 | 2023 | +3.22% | +3.62% | View data |
| 2 | 2 France | 32,537,000 | 2023 | +0.24% | +2.82% | View data |
| 3 | 3 Romania | 22,057,000 | 2023 | +3.39% | +4.93% | View data |
| 4 | 4 Greece | 10,223,000 | 2023 | +3.72% | +0.73% | View data |
| 5 | 5 Czech Republic | 9,747,000 | 2023 | -3.24% | -3.92% | View data |
| 8 | 8 Sweden | 4,236,400 | 2023 | -8.46% | -8.48% | View data |
| 9 | 9 Croatia | 3,123,400 | 2023 | -0.9% | -1.79% | View data |
| 10 | 10 Finland | 2,616,900 | 2023 | -5.12% | -5.38% | |
