In 2023, Poland leads European production of aromatic polycarboxylic and carboxylic acids with a volume of 807.52 million kilograms, reflecting a 10.64% increase from the previous year. Spain follows with a significant 29.52% rise, achieving 252.98 million kilograms, and Italy reports a 7.87% increase to 121.2 million kilograms. Germany and Belgium trail, showing stable but smaller production volumes. France sees an exceptional growth of 89.08%, though from a lower production base. Notable declines in production are observed in Hungary and Lithuania.
Future trends to watch include Poland and Spain's continued growth trajectories, potentially capturing larger market shares. Sustainability regulations might drive Finnish and German developments in green chemistry solutions, affecting overall production figures. Regulatory and environmental policy changes could significantly influence future production dynamics across Europe.
Top countries in Sold Production of Aromatic Polycarboxylic and Carboxylic Acids with Additional Oxygen Functions by Country
| # | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Poland | 807,520,000 | 2023 | +5.9% | +10.64% | View data |
| 2 | 2 Spain | 252,980,000 | 2023 | +19.01% | +29.52% | View data |
| 3 | 3 Italy | 121,200,000 | 2023 | +6.7% | +7.87% | View data |
| 4 | 4 Germany | 22,797,000 | 2021 | -90.34% | +1.01% | View data |
| 5 | 5 Belgium | 17,170,000 | 2023 | +21.08% | -1.73% | View data |
| 6 | 6 France | 9,799,500 | 2023 | +93.37% | +89.08% | View data |
| 7 | 7 Netherlands | 1,241,000 | 2021 | View data | ||
| 8 | 8 Finland | 1,082,900 | 2023 | +7.53% | +9.9% | View data |
| 9 | 9 Slovakia | 610,430 | 2023 | +4.96% | +1.91% | View data |
| 10 | 10 Portugal | 268,830 | 2023 | +34.69% | +22.79% | View data |