The Compounds Stabilizers for Rubber or Plastics market in Germany has exhibited a declining trend over the past decade. Starting with 64.897 million kilograms in 2013, the market size decreased to 36.776 million kilograms in 2023. Notably, the market experienced significant drops, particularly in 2014 (-17.14%) and 2019 (-26.43%). In the last two years, the market saw year-on-year variations of -2.11% in 2022 and -2.17% in 2023. Over the past five years, the market has contracted at an average annual rate (CAGR) of -9.97%.
Future trends to watch for include advancements in material technology, changes in environmental regulations, and the potential impact of sustainability initiatives. The adoption of more eco-friendly and sustainable stabilizers could significantly influence market dynamics. Monitoring these factors will be crucial for stakeholders in the industry.
How does Germany rank in Compounds Stabilisers for Rubber or Plastics Market Size Volume?
| # | 7 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Belgium | 92,717,000 | 2023 | +2.32% | +0.39% | View data |
| 2 | 2 Germany | 36,776,000 | 2023 | -2.17% | -9.97% | |
| 3 | 3 Spain | 29,323,000 | 2023 | +1.3% | +2.19% | View data |
| 4 | 4 Poland | 23,590,000 | 2023 | +6.29% | +8.63% | View data |
| 5 | 5 Portugal | 8,030,400 | 2023 | +2.9% | +3.63% | View data |
