In 2023, the European market for paints and varnishes based on acrylic or vinyl polymers in a non-aqueous medium saw varied performances across countries. Spain led with a market value of 94.8 million Euros, while Italy experienced a 3.64% decline. The Netherlands and Portugal also showed contractions, by 5.31% and 3.4% respectively. Conversely, Poland and Croatia recorded slight growth, with Poland rising by 0.33% and Croatia showing an increase of 0.84%. Greece saw a marginal decrease of 0.33%.
Future trends to watch include technological advancements in eco-friendly solutions and the regulatory changes impacting non-aqueous solvent usage, which could drive market dynamics in the coming years.
Top countries in Paints and Varnishes Based on Acrylic or Vinyl Polymers Dispersed or Dissolved in a Non-Aqueous Medium with the Weight of the Solvent at Least 50% of the Weight of the Solution Market Size Value by Country
| # | 7 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Spain | 94,801,000 | 2023 | +1.21% | +0.42% | View data |
| 2 | 2 Italy | 92,776,000 | 2023 | -0.13% | -3.64% | View data |
| 3 | 3 Netherlands | 52,611,000 | 2023 | -4.47% | -5.31% | View data |
| 4 | 4 Poland | 41,210,000 | 2023 | +1.79% | +0.33% | View data |
| 5 | 5 Greece | 19,478,000 | 2023 | -0.53% | -0.33% | View data |
| 6 | 6 Portugal | 5,032,700 | 2023 | -1.18% | -3.4% | View data |
| 7 | 7 Croatia | 2,495,200 | 2023 | +0.7% | +0.84% | View data |
