Forecast: Chemical and Petrochemical Sector Final Consumption of Non-Renewable Industrial Waste in Germany

The German chemical and petrochemical sector reported a non-renewable industrial waste final consumption of 6.17 thousand terajoules in 2024, indicating a modest growth trend with projections reaching 6.67 thousand terajoules by 2028. This reflects a steady year-on-year increase: 2.1% from 2024 to 2025, 1.9% from 2025 to 2026, 2% from 2026 to 2027, and 1.8% from 2027 to 2028. The five-year CAGR stands at approximately 2.02%, demonstrating a moderate yet consistent annual growth rate. In 2023, the sector saw a consumption level that was modestly lower, continuing the growth trajectory observed.

Future trends to watch for in the sector include:

  • Adoption of sustainable and circular economy practices impacting waste generation.
  • Government policies and regulations aimed at reducing non-renewable waste consumption.
  • Technological advancements in waste treatment and recovery processes.

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