In 2023, France led the European market for organic composite solvents and thinners based on butyl acetate in coatings and inks, holding a share of 27.4 kilograms. Germany followed with 22.9 kilograms, while Spain recorded 20.77 kilograms. Smaller markets included Portugal at 8.96 kilograms and Romania with 4.99 kilograms. Year-on-year variations suggest a moderate growth in France at 2.26%, stability in Spain with a 2.49% increase, and a decline in Germany by 3.07%. The Czech Republic showed minimal change with a 0.007% increase.
Future trends to watch in this market include potential growth in eco-friendly and sustainable solvent technologies, influencing market dynamics. Additionally, economic shifts in European industrial production and fluctuations in raw material availability could significantly impact growth patterns and total market size in the upcoming years.
Top countries in Organic Composite Solvents and Thinners Based on Butyl Acetate Used in Conjunction with Coatings and Inks Market Size Volume Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 27.4 | 2023 | +2.31% | +2.26% | View data |
| 2 | 2 Germany | 22.9 | 2023 | -2.78% | -3.07% | View data |
| 3 | 3 Spain | 20.77 | 2023 | +0.61% | +2.49% | View data |
| 4 | 4 Portugal | 8.96 | 2023 | -1.33% | -1.94% | View data |
| 5 | 5 Romania | 4.99 | 2023 | -1.59% | -2.22% | View data |
| 6 | 6 Austria | 4.2 | 2023 | +0.83% | -0.57% | View data |
| 7 | 7 Bulgaria | 3.17 | 2023 | -1.77% | -1.01% | View data |
| 8 | 8 Czech Republic | 3.08 | 2023 | +4.59% | +0.007% | View data |
| 9 | 9 Finland | 1.9 | 2023 | -0.95% | +0.56% | View data |
| 10 | 10 Denmark | 1.67 | 2023 | +0.17% | +1.2% | View data |
