The market for glues based on starches or modified starches in Germany showed fluctuations from 2013 to 2023, with 2023 reflecting a market size value of $31.392 million. Notable variations include peaks in 2014 and 2018 followed by minor declines in subsequent years. The last two years observed a subtle downturn, while the 5-year compound annual growth rate indicates a slight contraction at -0.89%, suggesting a stable yet fluctuating market landscape.
Future trends to watch for include:
- Potential advances in sustainable adhesive technologies could impact market dynamics.
- Evolving consumer preferences towards eco-friendly products may drive innovations involving starch-based glues.
- Monitoring global economic policies affecting raw material availability will be critical for assessing market growth.
| # | 14 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 31,392,000 | 2023 | -0.14% | -0.89% | |
| 2 | 2 Italy | 24,745,000 | 2023 | +1.14% | +1.75% | View data |
| 3 | 3 Saudi Arabia | 15,883,000 | 2023 | -0.1% | -0.46% | View data |
| 4 | 4 Greece | 14,623,000 | 2023 | +5.26% | +4.7% | View data |
| 5 | 5 Spain | 13,373,000 | 2023 | -3.08% | +0.14% | View data |
