The market for paints and varnishes based on acrylic or vinyl polymers in Croatia has been on a declining trend since 2013, with a significant decrease in market volume from 1.1123 million kilograms in 2013 to 0.75099 million kilograms in 2023. This represents a decrease of about 32.5% over the decade. Year-on-year variations show a consistent downward trend, with only 2014 reflecting growth. Notably, the market contracted by an average of 4.66% annually over the last five years.
Looking forward, key trends to watch include advancements in environmentally friendly formulations, potential shifts in consumer preferences, and regulatory changes impacting solvent compositions, which may influence market dynamics and recovery efforts.
