The sold production of polyesters in primary forms in Germany is projected to grow from 410.43 million kilograms in 2024 to 434.48 million kilograms by 2028. This represents a steady year-on-year increase, averaging a compound annual growth rate (CAGR) of approximately 1.4% over the five-year forecast period. Compared to the actual figures from 2023, this trend signifies a consistent demand increase in the market.
Future trends to watch for include:
- Expansion in applications for polyesters, potentially driven by innovation in the automotive and electronics sectors.
- Environmental concerns leading to a shift towards biodegradable polyester options.
- Global economic factors and regulatory changes impacting raw material availability and pricing.