Based on the forecasted data for the production of chemical, rubber, plastics, fuel products, and other non-metallic mineral products in Germany, the production is expected to increase from 403.7 billion Euros in 2024 to 420.04 billion Euros in 2028. Comparing to 2023, when the production stood at 400 billion Euros, the industry shows an upward trend.
The year-on-year growth shows a steady increase with an average growth rate revealing a promising CAGR over the five-year period from 2024 to 2028.
Future trends to watch for include potential impacts of economic policies, technological advancements in production processes, and shifts in global demand and environmental regulations that could influence production dynamics significantly.