The Ethyl Acetate market volume in Germany is forecasted to slightly decline from 2024 to 2028. The volume in 2024 is projected to be 74.754 million kilograms, and it is expected to decrease steadily to 74.518 million kilograms by 2028. The actual market volume in 2023 stood at 74.814 million kilograms.
The year-on-year variation for the past two years shows a minimal decline:
- From 2023 to 2024: -0.08%
- From 2024 to 2025: -0.08%
- From 2025 to 2026: -0.08%
- From 2026 to 2027: -0.08%
- From 2027 to 2028: -0.08%
The Compound Annual Growth Rate (CAGR) from 2024 to 2028 is -0.08%, indicating a very gradual decline in the market volume over this period.
Future trends to watch for include potential impacts from regulatory changes concerning environmental emissions, advancements in alternative products, innovations in production technology, and shifts in demand from various end-user industries.
