In 2023, Italy and France led European sold production of polyester-based paints with values of 104.39 and 103.03 million kilograms, respectively. France showed a positive change with a 3.85% increase, followed by Poland and Greece with 2.72% and 4.04% rises. Germany, once a strong player, saw a significant 10.85% decrease. Estonia increased its production by a notable 30.31%, while the Netherlands and Bulgaria faced sharp declines of 49.09% and 41.93%, respectively. The overall trend indicates varied performances across countries, with some emerging markets improving while others decline.
Looking ahead, consistent demand for eco-friendly products and innovations in material technology could drive growth in this sector. Countries must adapt to these trends, possibly shifting towards sustainable production processes and leveraging technological advancements to remain competitive. Additionally, economic factors and regulatory changes will influence production dynamics and international trade relationships among European countries in this sector.
Top countries in Sold Production of Paints and Varnishes, Based on Polyesters Dispersed or Dissolved in a Non-Aqueous Medium (Excluding Enamels and Lacquers) by Country
| # | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 104,390,000 | 2023 | -2.07% | -4.88% | View data |
| 2 | 2 France | 103,030,000 | 2023 | +3.25% | +3.85% | View data |
| 3 | 3 Poland | 62,782,000 | 2023 | +2.33% | +2.72% | View data |
| 4 | 4 Greece | 45,342,000 | 2023 | +3.4% | +4.04% | View data |
| 5 | 5 Spain | 43,074,000 | 2023 | -2.66% | -5.65% | View data |
| 6 | 6 Sweden | 36,694,000 | 2023 | +0.55% | +5.75% | View data |
| 7 | 7 United Kingdom | 32,636,000 | 2023 | +0.59% | +1.93% | View data |
| 8 | 8 Germany | 30,616,000 | 2023 | -17.79% | -10.85% | View data |
| 9 | 9 Estonia | 25,267,000 | 2023 | +21.23% | +30.31% | View data |
| 10 | 10 Portugal | 19,793,000 | 2023 | +1.55% | +1.84% | View data |
