In 2023, Germany led the European market for sold production of diols, polyalcohols, and cyclical alcohols, accounting for a dominant share by value. Belgium and Spain followed, albeit with significant gaps, and notable growth was observed in Spain (9.47% increase) and Denmark (82.98% increase) year-on-year. Conversely, both the United Kingdom and Italy experienced notable declines. Germany, despite its large share, saw a modest growth of 0.065%, whereas France increased by 6.15%.
Looking ahead, companies should monitor Spain's robust growth and Denmark's momentum, which may influence competitive dynamics. Germany's stable leadership and Belgium's decline may also drive strategic shifts. Technological advancements and environmental regulations could further affect production and distribution networks, reshaping market shares across Europe.
Top countries in Sold Production of Diols, Polyalcohols and Cyclical Alcohols Share by Country (Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 60.99 | 2023 | +1.44% | +0.065% | View data |
| 2 | 2 Belgium | 18.04 | 2023 | +24.61% | -2.91% | View data |
| 3 | 3 Spain | 13.44 | 2023 | +5.2% | +9.47% | View data |
| 4 | 4 Finland | 2.76 | 2023 | +1.92% | +1.79% | View data |
| 5 | 5 France | 1.6 | 2023 | -2.99% | +6.15% | View data |
| 6 | 6 Denmark | 1.11 | 2023 | +39.7% | +82.98% | View data |
| 7 | 7 United Kingdom | 0.68 | 2023 | +0.98% | -5.88% | View data |
| 8 | 8 Czechia | 0.51 | 2023 | |||
| 9 | 9 Italy | 0.39 | 2023 | -27.9% | -14.65% | View data |
| 10 | 10 Lithuania | 0.16 | 2023 | +3.85% | -2.57% | View data |
