Data: {"year": "2024", "value": "1.1178"}, {"year": "2025", "value": "1.1362"}, {"year": "2026", "value": "1.1545"}, {"year": "2027", "value": "1.1726"}, {"year": "2028", "value": "1.1905"}
Year-on-Year Variation:
- 2025: 1.64%
- 2026: 1.61%
- 2027: 1.57%
- 2028: 1.52%
CAGR (2024-2028): 1.58%
The forecasted growth in sold production of synthetic rubber in Germany indicates a steady increase with a CAGR of 1.58% over the next five years. Although the year-on-year growth rate slightly declines each year, it remains positive and stable.
Future trends to monitor include advancements in synthetic rubber production technology, shifts in global rubber demand, especially from automotive and industrial sectors, and environmental regulations impacting production processes and materials.
