In 2023, Germany led European production of prepared binders for foundry moulds or cores with a share of 38.57%, followed by Italy and France at 18.24% and 17.06%, respectively. Denmark exhibited a significant year-on-year growth of 44.3%, while Greece also showed notable progress with a 7.89% increase. Conversely, Spain and Norway faced declines at -1.91% and -19.71%, respectively. Over the last five years, the industry experienced varied growth rates, with certain emerging markets increasing their presence.
Future trends to watch include potential shifts in production dynamics due to sustainability pressures and technological advancements in binding materials. Additionally, regional economic conditions and policy changes, particularly in major contributing countries like Germany, Italy, and France, could significantly impact output and market distribution.
Top countries in Sold Production of Prepared Binders for Foundry Moulds or Cores Share by Country (Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 38.57 | 2023 | +2.12% | +0.66% | View data |
| 2 | 2 Italy | 18.24 | 2023 | +3.3% | +2.55% | View data |
| 3 | 3 France | 17.06 | 2023 | +6.44% | +0.88% | View data |
| 4 | 4 Spain | 8.65 | 2023 | +6.42% | -1.91% | View data |
| 5 | 5 United Kingdom | 6.86 | 2023 | +0.11% | +2.69% | View data |
| 6 | 6 Poland | 5.08 | 2023 | +3.52% | +1.56% | View data |
| 7 | 7 Denmark | 3.53 | 2023 | +36.54% | +44.3% | View data |
| 8 | 8 Belgium | 3.25 | 2023 | +0.0094% | View data | |
| 9 | 9 Sweden | 2.33 | 2023 | +1.77% | View data | |
| 10 | 10 Slovakia | 0.95 | 2023 | +0.15% | -2.22% | View data |
