The forecast for sold production of expansible polystyrene in primary forms in Germany indicates a gradual decline from €649.66 million in 2024 to €632.47 million by 2028. This represents a consistent year-on-year decrease, with a cumulative annual growth rate (CAGR) revealing an average downturn over the five-year period. In 2023, the industry stood at a certain baseline value influencing these forecast trends. This downtrend reflects a 0.9% average annual decrease between 2024 and 2028.
Future trends to monitor include:
- Increasing environmental regulations impacting production capacity.
- Potential advancements in sustainable alternatives reducing demand for traditional polystyrene.
- Fluctuating raw material costs affecting overall market dynamics.