In 2023, the import of urea resins and thiourea resins to Germany provides the baseline for projected growth. The forecast for this import measured in million kilograms begins in 2024 with 562.06 and steadily increases to 603.49 by 2028. Notably, the year-on-year growth rate remains consistent at approximately 1.87% to 1.8% across these years, indicating steady demand.
Future trends to watch for include:
- Potential impacts of environmental regulations on resin production and imports.
- The demand for eco-friendly resins driven by sustainability goals in German industries.
- Developments in alternative materials and their influence on urea and thiourea resin imports.