In 2023, Germany led the European market with a 34.48% share in the sold production of polymers of propylene or other olefins, excluding polypropylene, and experienced a modest growth of 0.41% year-on-year. France and Hungary saw significant growth, with increases of 10.23% and 13.08%, respectively. In contrast, Belgium, Italy, and Slovakia witnessed declines, with Belgium experiencing a notable 4.65% decrease. Overall, while some markets are expanding, others are showing signs of contraction, leading to varied trends across Europe.
Future trends in 2024 and beyond will likely be influenced by changes in environmental regulations, technological advancements, and shifts in global demand. Increased sustainability efforts and innovations in biodegradable polymers could reshape the production landscape, with countries investing in research and development potentially gaining competitive advantages.
Top countries in Sold Production of Polymers of Propylene or of Other Olefins in Primary Forms (Excluding Polypropylene) Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 34.48 | 2023 | +2.01% | +0.41% | View data |
| 2 | 2 Belgium | 28.52 | 2023 | -6.79% | -4.65% | View data |
| 3 | 3 Netherlands | 9.92 | 2023 | -2.71% | -3.1% | View data |
| 4 | 4 United Kingdom | 7.3 | 2023 | +0.12% | -0.91% | View data |
| 5 | 5 Italy | 6.98 | 2023 | -7.01% | -5.37% | View data |
| 6 | 6 Finland | 4.32 | 2023 | -2% | +1.24% | View data |
| 7 | 7 France | 3.78 | 2023 | +6.77% | +10.23% | View data |
| 8 | 8 Czechia | 2.7 | 2023 | |||
| 9 | 9 Sweden | 1.09 | 2021 | +16.4% | View data | |
| 10 | 10 Slovakia | 0.86 | 2023 | +1.07% | -3.15% | View data |
