In 2023, Germany dominated the global export market for compound plasticisers for rubber or plastic, accounting for the largest share, followed by the United States and China. Significant growth was noted in Saudi Arabia and Malaysia, while Canada and Argentina saw declines. Finland and Oman also experienced notable increases. Conversely, the United Kingdom and Ukraine suffered major setbacks. Over the past five years, the compound annual growth rate (CAGR) highlighted stability in mature markets like Germany but emerging volatility in less-established markets.
Future trends to watch include Europe's sustained dominance, buoyed by Germany's growth. However, the shift in economic dynamics might see Asian markets like China and India expanding their influence. Increased focus on sustainability and eco-friendly materials could further alter market shares, potentially benefiting countries investing in green technologies.
Top countries in Export of Compound Plasticisers for Rubber or Plastic Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 31.24 | 2023 | +1.4% | +1.17% | View data |
| 2 | 2 United States | 20.6 | 2023 | +2.5% | +2.79% | View data |
| 3 | 3 China | 9.67 | 2023 | +4.05% | +3.77% | View data |
| 4 | 4 Canada | 8 | 2023 | -0.79% | -5.29% | View data |
| 5 | 5 Estonia | 6.55 | 2023 | +3.18% | +2.17% | View data |
| 6 | 6 Bahrain | 4.4 | 2023 | +6.76% | +1.32% | View data |
| 7 | 7 Japan | 4.33 | 2023 | +3.25% | +4.55% | View data |
| 8 | 8 Netherlands | 4.21 | 2023 | +3.49% | +1.59% | View data |
| 9 | 9 Saudi Arabia | 2.92 | 2023 | +5.44% | +6.25% | View data |
| 10 | 10 United Arab Emirates | 2.38 | 2023 | +6.19% | +3.02% | View data |
