Today is Europe's largest producer and manufacturer of plastics. The country’s plastics industry value chain includes plastics manufacturers and processors, machine manufacturers, the application industries and the plastics and rubber recycling industry. One of the most important industry sectors in Germany, the plastics industry generates annual turnover of over EUR 97 billion. The industry enjoys around seven percent share of domestic industrial production and plays a major role in providing new and innovative products and solutions to a number of key industries including the automotive, mechanical engineering, packaging, electrical engineering, and construction industries. In addition, plastics are used in the medical, furniture and household goods industries as well as in agriculture - broad applications in a competitive European consumer market.
German plastics producers, processing industries and industry-related research institutions and centers of excellence are setting international standards with their excellent infrastructure, know-how and their results in research and development. Foreign companies located in Germany benefit from the advantages of the single European market and the existing structures along the entire value chain to access innovative clusters and high quality research.