The German acrylates market was equal to 88 thousand tons in 2013. Until 2023, the German market is forecast to reach 106 thousand tons, thus growing at a CAGR of about 0.97% per annum in the period 2018-2023. This is a decrease, compared to the growth at a CAGR of around 3.25% per year, registered in 2013-2017.
The German production of acrylates is expected to grow at around 315 thousand tons in the medium term. However, flat dynamics of the overall installed production capacities in the region are expected. Their annual average utilization rates are projected to increase. In addition, the market is forecast to remain relatively unbalanced in terms of supply and demand, also showing upwards dynamics in the medium term.
The insights are from a recently published report about the German acrylates market. As an overall, the report presents a strategic analysis of the acrylates market in Germany and a forecast for its development in the medium term. It provides a comprehensive overview of the market, its dynamics, structure, characteristics, main players, production capacities, trends, prices, production, imports, exports, growth and demand drivers, and all other important factors, influencing its development. The report also focuses on product breakdown, offering a larger perspective on the market dynamics within the country.
The research report has been prepared using the unique Williams and Marshall Strategy’s methodology, including a blend of qualitative and quantitative data. The information comes from official sources and insights from market experts (representatives of the main market participants), gathered by semi-structured interviews. This report will allow its readers to quickly and cost–effectively get a strategic analysis and gain competitive intelligence about the market and to track market data, including size, value, segmentation, forecasts, dynamics and structure – past, present and future. In addition, the readers will be able to strategically assess the competitive position of the main market players, explore and identify new market opportunities in the country, recognize key market trends, opportunities and threats and key drivers behind recent market changes as well as strategically evaluate market growth potential.
The report includes information on the following companies:
* Basf;
* Dow Chemical;
* Evonik Degussa.
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