Forecast: Sold Production of Moulded Rubber Articles for Tractors and Motor Vehicles in Germany

The forecasted data for the sold production of moulded rubber articles for tractors and motor vehicles in Germany suggests a gradual decline from 2024 to 2028. The forecasted total volume decreases annually by approximately 1.5% on average over this period, starting at 31.364 million kilograms in 2024 and declining to 29.506 million kilograms by 2028. In 2023, the production value was approximately 31.8 million kilograms, indicating a decrease of approximately 1.4% from 2023 to 2024. The compound annual growth rate (CAGR) over the five-year forecasted period shows a moderate downward trend.

Future trends to watch include:

  • Technological advancements in vehicle parts leading to lighter or more efficient materials.
  • Stringent environmental regulations affecting production processes or material choices.
  • Market demand shifts towards electric vehicles potentially affecting rubber part requirements.

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