Forecast: Biogases Final Consumption in Chemical and Petrochemical Sectors in Germany

The biogas final consumption in the chemical and petrochemical sectors in Germany has exhibited significant fluctuations over the past decade. Starting at 8.24 Thousand Tonnes Of Oil Equivalent (ktoe) in 2013, the value decreased in 2014 and showed varied growth and declines until 2022, reaching a peak of 24.84 ktoe. The consumption continued to grow, standing at 25.19 ktoe in 2023. Over the last two years, the sector saw a substantial rise of approximately 74.77% from 2021 to 2022 and a minor growth of 1.41% from 2022 to 2023. The Compound Annual Growth Rate (CAGR) over the last five years has been robust at 20.1%, reflecting a healthy increase in biogas adoption in recent years.

Looking ahead, forecasts indicate a steady yet moderated growth trend with a projected 5-year CAGR of 0.88%, reaching up to 26.66 ktoe by 2028. Key future trends to watch for include advancements in biogas production technology, regulatory changes promoting renewable energy, and potential economic shifts that could impact the chemical and petrochemical sectors' biogas consumption patterns.