In 2023, Germany led the European sold production of metallic coating by thermal spraying with a substantial share, followed by Italy and France. Smaller contributors included the United Kingdom, Spain, and other smaller markets like Hungary, Poland, and Finland. Notably, Germany, Hungary, and Finland saw positive year-on-year growths, while the UK and Croatia contracted. Lithuania showed significant growth among smaller markets. The compounded annual growth rate (CAGR) over the past five years indicates steady expansion in most leading contributors, although with some volatility in smaller countries.
Future trends to monitor include the potential impact of technological advancements in thermal spraying, which could further boost production efficiency and quality across Europe. Additionally, the pursuit of sustainability and eco-friendly coating practices may shift market dynamics, potentially enhancing growth rates in regions investing in green technologies.
Top countries in Sold Production of Metallic Coating by Thermal Spraying Share by Country (Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 32.84 | 2023 | +7.97% | +1.79% | View data |
| 2 | 2 Italy | 25.24 | 2023 | +6.4% | +0.3% | View data |
| 3 | 3 France | 11.55 | 2023 | +4.8% | +2.59% | View data |
| 4 | 4 United Kingdom | 10.51 | 2023 | -2.18% | -5.78% | View data |
| 5 | 5 Spain | 6.59 | 2023 | +5.65% | -0.93% | View data |
| 6 | 6 Hungary | 3.34 | 2023 | +1.65% | +3.32% | View data |
| 7 | 7 Poland | 2.15 | 2023 | +0.51% | +0.15% | View data |
| 8 | 8 Finland | 1.75 | 2023 | +4.96% | +3.66% | View data |
| 9 | 9 Norway | 1.06 | 2023 | +3.95% | +0.72% | View data |
| 10 | 10 Lithuania | 0.3 | 2023 | +4.95% | +9.26% | View data |
