Forecast: Sold Production of Polymers of Propylene or of Other Olefins in Primary Forms in Germany

In 2023, the sold production of polymers of propylene or other olefins in primary forms in Germany was recorded at a significant level, with subsequent forecasted values indicating a marked decline from 2024 onwards. The projected year-on-year percentage decreases manifest a steady and sharp drop, with a continuous downward trajectory over the next five years. Specifically, the average compound annual growth rate (CAGR) suggests a negative growth trend, highlighting a transformation within the market.

Future trends to watch for include:

  • Potential shifts in consumer demand and technological innovations that may alter production needs.
  • Changes in regulatory landscapes, particularly regarding sustainability and environmental impact.
  • Market adaptations with the introduction of bio-based alternatives impacting traditional polymer production.

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