The forecasted data for the production of glues based on starches, dextrins, or other modified starches in Germany indicates a consistent decline from 2024 to 2028. In 2023, actual production stood at a higher level than projected for 2024, emphasizing a downward trend with year-on-year decreases. The compound annual growth rate (CAGR) over the next five years reflects this negative trajectory.
Future trends to watch for:
- Potential shifts toward eco-friendly products impacting demand for starch-based glues.
- Technological advancements could enhance production efficiency and cost-effectiveness.
- Regulatory changes in the EU affecting production standards and market dynamics.