In 2023, Belgium led the European production of glaziers' putty, resin cements, and similar products, accounting for 22.6% of the market share, with a robust growth of 5.01% year-on-year. France, Netherlands, and Germany followed, each holding over 12% of the market, with modest growth rates around 3%. Notably, Denmark experienced the highest growth at 32.01%, while countries like Finland and Portugal saw declines. The UK and Italy showed slight growth and contraction, respectively. Over the last five years, the CAGR indicated consistent sectoral evolution, though mixed with volatility for some nations like Croatia.
Looking ahead, increasing urbanization and infrastructure investments in Europe are expected to drive demand for these materials. Innovations in eco-friendly and sustainable products, along with potential regulatory changes, could further reshape market dynamics. Growth opportunities might be especially pronounced in emerging economies within Europe. Monitoring these trends will be crucial for stakeholders aiming to optimize market strategies.
Top countries in Sold Production of Glaziers' Putty, Grafting Putty, Resin Cements, Caulking Compounds and Other Mastics Share by Country (Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Belgium | 22.6 | 2023 | +2.87% | +5.01% | View data |
| 2 | 2 France | 12.77 | 2023 | +7.61% | +3.17% | View data |
| 3 | 3 Netherlands | 12.17 | 2023 | +5.07% | +3.78% | View data |
| 4 | 4 Germany | 12.04 | 2023 | -0.062% | +1.52% | View data |
| 5 | 5 United Kingdom | 11.83 | 2023 | +2.72% | +2.53% | View data |
| 6 | 6 Italy | 9.71 | 2023 | +5.37% | -0.65% | View data |
| 7 | 7 Poland | 7.79 | 2023 | +2.6% | +2.63% | View data |
| 8 | 8 Denmark | 4.26 | 2023 | +26.87% | +32.01% | View data |
| 9 | 9 Estonia | 3.57 | 2023 | +3.55% | +6.41% | View data |
| 10 | 10 Spain | 1.64 | 2023 | +0.66% | +11.72% | View data |
