In 2023, France was the leading country in European glass fibers production with a substantial value of 55.27 million euros, closely followed by Germany at 3.36 million euros. Belgium experienced strong growth with a value increase to 12.45 million euros. Conversely, Finland, Italy, Denmark, Portugal, and Cyprus faced declines in their production values. The Eastern European countries Slovakia and Romania showed modest growth. These variations reveal dynamic shifts in the production landscape across Europe.
Future trends to watch include potential recovery in underperforming countries through innovation and diverse applications of glass fibers. Sustainability trends and advancements in technology could further impact overall production dynamics, with potential investments and optimization opportunities arising for market leaders in the region.
Top countries in Glass Fibers Production Value Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 55.54 | 2023 | +6.52% | +55.27% | View data |
| 2 | 2 Germany | 20.62 | 2023 | +2.83% | +3.36% | View data |
| 3 | 3 Belgium | 8.97 | 2023 | +4.09% | +12.45% | View data |
| 4 | 4 Spain | 2.77 | 2023 | +2.64% | +0.42% | View data |
| 5 | 5 Finland | 2.41 | 2023 | -2.97% | -11.5% | View data |
| 6 | 6 Norway | 2.36 | 2023 | +4.57% | +0.7% | View data |
| 7 | 7 Slovakia | 2.18 | 2023 | +5.67% | +1.76% | View data |
| 8 | 8 Italy | 1.47 | 2023 | -1.64% | -5.25% | View data |
| 9 | 9 Denmark | 0.57 | 2023 | -4.56% | -10.92% | View data |
| 10 | 10 Romania | 0.46 | 2023 | +3.57% | +0.59% | View data |
