In 2023, Germany dominated European production of oxides, hydroxides, and peroxides, holding 47.45% of the market share, slightly declining by 0.63% from previous levels. France, Belgium, and Poland followed, with Belgium maintaining its position with no variation, while Poland saw a slight increase of 0.35%. Italy experienced a significant increase of 8.41%, whereas Spain and Romania faced notable declines of 11.37% and 10.44%, respectively. Other countries like Portugal, Slovakia, and Hungary also showed negative growth, with Denmark experiencing the most considerable drop of 20.98%.
Future trends to watch in the European production landscape include a potential reshuffling in market share. Companies may invest in innovative technologies and sustainability practices, potentially influencing regional contributions to production. Continued monitoring of countries like Italy, which showed notable growth last year, will provide insights into emerging trends in the industry.
Top countries in Production of Oxides, Hydroxides and Peroxides Share by Country (Kilograms of Sodium Hydroxide)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 47.45 | 2023 | +0.48% | -0.63% | View data |
| 2 | 2 France | 16.66 | 2023 | -1.32% | -0.11% | View data |
| 3 | 3 Belgium | 13.83 | 2023 | +0.063% | View data | |
| 4 | 4 Poland | 5.07 | 2023 | -2.34% | +0.35% | View data |
| 5 | 5 Italy | 3.86 | 2023 | +9.65% | +8.41% | View data |
| 6 | 6 Netherlands | 3.78 | 2021 | -7.19% | View data | |
| 7 | 7 Spain | 1.83 | 2023 | -8.71% | -11.37% | View data |
| 8 | 8 Hungary | 1.83 | 2023 | -4.31% | -1.73% | View data |
| 9 | 9 Romania | 1.72 | 2023 | -3.64% | -10.44% | View data |
| 10 | 10 Finland | 1.53 | 2023 | +9.2% | +3.91% | View data |
