The Swedish market for organic composite solvents and thinners not based on butyl acetate showed fluctuating trends over the past decade, reaching a market size of 12.87 million Euros in 2023. There was a significant decline from its peak in 2015, although minor recoveries occurred in 2021 and subsequent years. The market experienced a compound annual growth rate (CAGR) of -3.15% over the last five years, reflecting negative growth.
Future trends to watch for include:
- A shift towards eco-friendly and low-VOC products as environmental regulations tighten.
- Innovation in sustainable solvent solutions driving market dynamics.
- Potential recovery influenced by increased demand in coatings and inks sectors.
How does Sweden rank in Organic Composite Solvents and Thinners Not Based on Butyl Acetate Used in Conjunction with Coatings and Inks Market Size Value?
| # | 10 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 229,930,000 | 2023 | +7.54% | +7.53% | View data |
| 2 | 2 Romania | 47,230,000 | 2023 | +3.33% | +3.54% | View data |
| 3 | 3 Czech Republic | 30,382,000 | 2023 | +0.39% | -3.79% | View data |
| 4 | 4 Greece | 23,495,000 | 2023 | +3.1% | +1.7% | View data |
| 5 | 5 Portugal | 23,074,000 | 2023 | -1.79% | +0.41% | View data |
| 6 | 6 Finland | 15,409,000 | 2023 | +0.22% | +0.13% | View data |
| 7 | 7 Austria | 13,046,000 | 2023 | -1.89% | -2.12% | View data |
| 8 | 8 Sweden | 12,870,000 | 2023 | +2.59% | -3.15% | |
| 9 | 9 Bulgaria | 9,277,600 | 2023 | -2.45% | -2.76% | View data |
| 10 | 10 Croatia | 8,930,800 | 2023 | +1.33% | +0.57% | View data |
