The European market for organic composite solvents and thinners not based on butyl acetate used with coatings and inks in 2024 shows that Germany leads significantly with the largest volume share, followed by France and Romania. Year-on-year analysis reveals growth in Germany, France, and Romania with the most substantial increase in Romania at 4.93%. Conversely, countries like Sweden, Finland, and the Czech Republic experienced declines. Over the last five years, the compound annual growth rate trend suggests moderate growth, led mainly by Germany and France.
Future trends to watch include increasing regulatory pressures in Europe favoring more sustainable solvent use, potentially boosting demand for organic alternatives. Additionally, technological advancements may drive increased customization of such solvents, influencing volume shares differently across countries.
Top countries in Organic Composite Solvents and Thinners Not 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 Germany | 54.57 | 2023 | +3.22% | +3.62% | View data |
| 2 | 2 France | 14.72 | 2023 | +0.24% | +2.82% | View data |
| 3 | 3 Romania | 9.98 | 2023 | +3.39% | +4.93% | View data |
| 4 | 4 Greece | 4.62 | 2023 | +3.72% | +0.73% | View data |
| 5 | 5 Czech Republic | 4.41 | 2023 | -3.24% | -3.92% | View data |
| 6 | 6 Slovakia | 4.11 | 2023 | -2.1% | +1.15% | View data |
| 7 | 7 Bulgaria | 3.09 | 2023 | -0.56% | -2.13% | View data |
| 8 | 8 Sweden | 1.92 | 2023 | -8.46% | -8.48% | View data |
| 9 | 9 Croatia | 1.41 | 2023 | -0.9% | -1.79% | View data |
| 10 | 10 Finland | 1.18 | 2023 | -5.12% | -5.38% | View data |
