The market is dominated by foreign suppliers, as imports account for 69.5% of total market size in 2023. B2B drives market demand, with B2B spending representing 73.4% of total demand in 2023. Germany has the largest market size for photochemicals, explosives and other chemicals regionally, with demand reaching USD28.0 billion in 2023. Wacker Chemie AG is the largest company in Germany, generating 7.8% of the industry’s total production value in 2023. The industry is fragmented, with the top five companies generating 30.9% of total production value in 2023. The total number of companies increases in 2023, to 2,547 units. The costs of the industry increase by 3% in 2023, largely driven by rising B2B costs. The industry’s profitability increases and stands at 11.5% of production value in 2023, the 12th highest regionally. The industry’s exports share decreases in 2023 to 85.4% of total production output. With production value of USD51.3 billion, Germany accounts for 31.4% of the Western Europe total in 2023.
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This Euromonitor industrial report provides unique information on Photochemicals, Explosives and Other Chemicals in Germany: ISIC 2429. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Photochemicals, Explosives and Other Chemicals in Germany: ISIC 2429 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
This is the aggregation of basic chemicals, fertilisers and nitrogen compounds, man-made fibers, paints and varnishes, pesticides and other agro-chemical products, photochemicals, explosives and other chemicals, plastic in primary forms and synthetic rubber.
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