The production of silicones in primary forms in Germany is projected to demonstrate a steady increase from 2024 to 2028. The forecast indicates a consistent year-on-year growth rate, suggesting a positive trajectory for the industry. In 2023, the production stood at a base level prior to these forecasted increases. Over the five-year span from 2024 to 2028, the compound annual growth rate (CAGR) presents a modest, yet sustained expansion of the silicone production sector.

Future trends to watch for:

Innovation in application areas such as electronics and medical devices could further drive demand.
Environmental regulations and sustainability trends potentially impacting raw material sourcing and production processes.
Global economic conditions influencing export markets.