The production volumes of rubber and plastics products, and other non-metallic mineral products in Germany are projected to steadily increase from 138.63 Billion Euros in 2024 to 143.88 Billion Euros in 2028. Compared to the 2023 figures which stood at approximately 137 Billion Euros, there is a moderate upward trend, showing the sector's resilience and growth potential post-pandemic. The year-on-year growth rate averages about 1% to 1.2%, while the compound annual growth rate (CAGR) over these five years is approximately 1.24%.
Future trends to watch for include advancements in recycling technologies and sustainability measures, which could influence production methods and material choices. Additionally, fluctuations in global demand, particularly from key export markets, and regulatory changes could have significant impacts on production volumes.
