In 2023, the synthetic rubber sector in Germany employed approximately 3.42 thousand persons. From 2024 to 2028, employment in this sector is forecasted to grow steadily, starting with 3.55 thousand in 2024 and reaching 4.11 thousand by 2028. This represents an average annual growth rate (CAGR) in employment of roughly 4.6% over the five-year period. Notably, from 2025 onwards, each year sees a consistent increase in employment by 0.14 thousand persons, reflecting continuous industry development.
Future trends to watch include:
- Technological advancements impacting labor demand.
- Germany's emphasis on sustainable and eco-friendly synthetic rubber production.
- Potential international trade agreements affecting import-export dynamics.
- Shifts in global automotive and manufacturing sectors influencing demand.
