The gross investment in the basic chemicals sector in Germany has shown significant fluctuations over the past decade. Starting from 3.01 billion euros in 2013, it saw declines for several years before peaking again in 2018 at 4.1 billion euros. The investments have experienced several ups and downs, notably a 21.8% drop in 2016 but then a notable resurgence in the following years. By 2023, the investment had reached 3.89 billion euros, indicating a modest annual growth of 3.51% over the previous year. Between 2018 and 2023, the Compound Annual Growth Rate (CAGR) stood marginally at -1.06%. Moving forward, the forecast predicts a steady growth with a CAGR of 2.41% from 2023 to 2028, taking the investment to 4.53 billion euros by 2028.
Future trends to watch for:
- Technological advancements and their impact on production efficiency and investment demands.
- Regulatory changes related to environmental sustainability and compliance standards.
- Global economic conditions and their influence on the supply chain and raw material costs.
- Strategic investments in green chemistry and eco-friendly processes.
