The consumption of primary solid biofuels in Italy's iron and steel sector is forecasted to remain steady at 4 tonnes of oil equivalent between 2024 and 2026. Starting 2027, an increase is expected with consumption rising to 5 tonnes in both 2027 and 2028. Year-on-year, this indicates a stable trend with a 0% change up to 2026 and a significant 25% increase in 2027. The compound annual growth rate over the forecasted period is modest, highlighting steady growth expectations in the latter years.
Future trends to watch for include increasing regulatory support and advancements in biofuel technology, which may further augment the use of biofuels in heavy industries. Additionally, the global move towards sustainable energy could provide new growth opportunities in this sector.
