Bio-lubricants Market End-use Industry, By Others
| Label | Europe | Germany | Spain | France | United Kingdom | Italy | Poland | Russian Federation | Rest of Europe |
|---|---|---|---|---|---|---|---|---|---|
| 2014 | 280.8 USD Mn | 71.3 USD Mn | 21.8 USD Mn | 27.3 USD Mn | 20.6 USD Mn | 36.9 USD Mn | 18.4 USD Mn | 50.4 USD Mn | 34.0 USD Mn |
| 2015 | 254.4 USD Mn | 65.1 USD Mn | 19.6 USD Mn | 24.7 USD Mn | 18.6 USD Mn | 33.6 USD Mn | 16.5 USD Mn | 45.8 USD Mn | 30.5 USD Mn |
| 2016 | 238 USD Mn | 61.5 USD Mn | 18.2 USD Mn | 23.0 USD Mn | 17.3 USD Mn | 31.5 USD Mn | 15.4 USD Mn | 43.0 USD Mn | 28.3 USD Mn |
| 2017 | 267.7 USD Mn | 69.7 USD Mn | 20.3 USD Mn | 25.8 USD Mn | 19.3 USD Mn | 35.5 USD Mn | 17.1 USD Mn | 48.4 USD Mn | 31.5 USD Mn |
| 2018 | 294.3 USD Mn | 77.2 USD Mn | 22.2 USD Mn | 28.2 USD Mn | 21.2 USD Mn | 39.2 USD Mn | 18.7 USD Mn | 53.4 USD Mn | 34.3 USD Mn |
| 2019 | 302.7 USD Mn | 80.0 USD Mn | 22.6 USD Mn | 28.9 USD Mn | 21.6 USD Mn | 40.4 USD Mn | 19.1 USD Mn | 55.0 USD Mn | 34.9 USD Mn |
| 2020 | 313.2 USD Mn | 83.5 USD Mn | 23.2 USD Mn | 29.8 USD Mn | 22.3 USD Mn | 42.0 USD Mn | 19.6 USD Mn | 57.1 USD Mn | 35.8 USD Mn |
| 2021 | 326 USD Mn | 87.6 USD Mn | 24.0 USD Mn | 30.9 USD Mn | 23.1 USD Mn | 43.8 USD Mn | 20.2 USD Mn | 59.6 USD Mn | 36.9 USD Mn |
| 2022 | 341.5 USD Mn | 92.4 USD Mn | 25.0 USD Mn | 32.3 USD Mn | 24.0 USD Mn | 46.1 USD Mn | 21.0 USD Mn | 62.5 USD Mn | 38.3 USD Mn |
| 2023 | 360 USD Mn | 98.1 USD Mn | 26.1 USD Mn | 33.9 USD Mn | 25.2 USD Mn | 48.7 USD Mn | 22.0 USD Mn | 66.1 USD Mn | 39.9 USD Mn |
| 2024 | 381.7 USD Mn | 104.8 USD Mn | 27.5 USD Mn | 35.8 USD Mn | 26.6 USD Mn | 51.8 USD Mn | 23.1 USD Mn | 70.2 USD Mn | 41.9 USD Mn |
Data Source: Wantstats Repository
Market Dynamics
Germany accounted for the largest market share in 2018 in the Europe polyamide 12 market, and is expected to reach USD 104.80 Million in 2024 from USD 77.20 Million in 2018.This market is projected to grow at a CAGR of 5.55% during the forecast period from 2019 - 2024. automotive segment accounted for the largest market share in 2018, this market is expected to reach USD 114.80 Million in 2024 from USD 88.60 Million in 2018. This market is projected to grow at a CAGR of 4.73% during the forecast period from 2019 - 2024. However, industrial coatings segment is the fastest growing market, which is expected to grow at a CAGR of 5.72% during the forecast period 2019 - 2024. reinforced segment accounted for the largest market share in 2018, this market is expected to reach USD 163.60 Million in 2024 from USD 122.50 Million in 2018. This market is projected to grow at a CAGR of 5.26% during the forecast period from 2019 - 2024.
Research Methodology
Figures reflect Wantstats’ original market research and forecasting models, compiled as part of the Wantstats research archive and published in 2023.
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