In 2023, Germany led European production with 33.46%, despite a slight decline of -0.41% from the previous year. The Netherlands followed with a notable growth of 5.26%, capturing 21.93% of the market. Italy and Spain also experienced growth at 1.71% and 9.17%, contributing to 14.77% and 12.43% of the share respectively. France maintained stability with minimal changes. Lithuania and Greece saw significant increases of 361.46% and 35.9%. In contrast, Slovakia, Denmark, and Hungary faced steep declines. Over five years, these trends show sporadic growth across countries, with shifts in leadership and market shares.
Future trends to watch include technological advancements in resin production, regulatory changes affecting environmental impact, and the impacts of international trade agreements. Germany and the Netherlands may continue to dominate, but emerging markets like Romania and Lithuania could gain traction if current growth patterns persist. Monitoring innovation and sustainability efforts will be crucial in understanding long-term shifts in production dynamics within Europe.
Top countries in Production of Polyacetals, Other Polyethers and Epoxide Resins, in Primary Forms Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 33.46 | 2023 | +2.84% | -0.41% | View data |
| 2 | 2 Netherlands | 21.93 | 2023 | +10.5% | +5.26% | View data |
| 3 | 3 Italy | 14.77 | 2023 | -0.58% | +1.71% | View data |
| 4 | 4 Spain | 12.43 | 2023 | +2.65% | +9.17% | View data |
| 5 | 5 France | 5.27 | 2023 | +0.81% | +0.67% | View data |
| 6 | 6 Belgium | 4.74 | 2023 | -0.98% | +1.35% | View data |
| 7 | 7 Poland | 3.11 | 2023 | +2.39% | -8.71% | View data |
| 8 | 8 United Kingdom | 2.35 | 2023 | -2.05% | +2.42% | View data |
| 9 | 9 Czechia | 1.16 | 2023 | |||
| 10 | 10 Croatia | 0.49 | 2023 | +6.14% | +2.9% | View data |
