In 2023, the sold production of unvulcanised rubber compounded with carbon black or silica in Germany was approximately 437.88 million Euros. The forecasted data from 2024 to 2028 shows a steady growth, with values rising from 451.97 million Euros in 2024 to 512.16 million Euros in 2028. This indicates a year-on-year growth of about 3-4%. Over the five-year period, the compound annual growth rate (CAGR) is projected to be around 3.32%.
Future trends to watch for include:
- Technological advancements in rubber compounding to improve durability and performance.
- Market demands for sustainable and eco-friendly materials.
- Regulatory changes affecting the automotive and industrial sectors.
