The forecasted production of glass fibre filaments in Germany shows a continuous decline from 2024 to 2028. In 2023, the sold production was reported at 15.245 million kilograms. The year-on-year variations reveal a steady decrease, with a decline observed at 1.28% from 2024 to 2025, 1.28% from 2025 to 2026, 1.28% from 2026 to 2027, and 1.28% from 2027 to 2028. Over the five-year span from 2024 to 2028, the compound annual growth rate (CAGR) illustrates this downward trend.
Future trends to watch for include:
- Technological innovations that might enhance production efficiencies and mitigate declines.
- Shifts in demand within sectors utilizing glass fibre, potentially altering production needs.
- Environmental regulations impacting production techniques and sustainability practices.