The Austrian market for amino-resins (excluding urea, thiourea, and melamine resins), phenolic resins, and polyurethanes reached a volume of 75.069 million kilograms in 2023. Over the last two years, the market experienced a year-on-year increase of 6.16% in 2022 and 3.17% in 2023. The compound annual growth rate (CAGR) over the past five years averaged 2.83%, indicating moderate growth.
Future Trends to Watch:
- Potential increased demand for sustainable and eco-friendly resin solutions.
- Technological advancements in resin production and applications.
- Impact of economic fluctuations on construction and automotive industries affecting resin demand.
- Regulatory changes focusing on environmental protection that may influence market dynamics.
How does Austria rank in Amino-Resins (Excluding Urea, Thiourea and Melamine Resins), Phenolic Resins and Polyurethanes Market Size Volume?
| # | 7 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 250,760,000 | 2023 | +1.8% | +0.89% | View data |
| 2 | 2 Finland | 178,060,000 | 2023 | +0.69% | +2.96% | View data |
| 3 | 3 Czech Republic | 117,490,000 | 2023 | +3.69% | +2.95% | View data |
| 4 | 4 Austria | 75,069,000 | 2023 | +3.17% | +2.83% | |
| 5 | 5 Denmark | 27,525,000 | 2023 | +2.46% | +3.62% | View data |
| 6 | 6 Lithuania | 19,189,000 | 2023 | +4.5% | +3.11% | View data |
