In 2024, the production of isocyanates in Germany is forecasted at 838.67 million Euros. This follows a stable growth trajectory, with year-on-year increases of approximately 0.87% in 2025, 0.85% in 2026, 0.84% in 2027, and 0.82% in 2028, reaching 867.41 million Euros. The compound annual growth rate (CAGR) from 2024 to 2028 is projected at around 0.85% per annum, reflecting a consistent, modest increase in production value.
Future trends to watch for include:
- Technological advancements enhancing production efficiency.
- Shifts in demand dynamics due to evolving industry requirements.
- Regulatory changes impacting raw material availability and production processes.
- Sustainability initiatives influencing production methods and market preferences.