The forecasted data for the chemical and petrochemical sector’s final consumption of natural gas in Turkey shows a consistent year-on-year increase from 2024 to 2028. Starting from 2.81 million tonnes of oil equivalent (MTOE) in 2024, it is expected to rise steadily to 3.2 MTOE by 2028. This represents a gradual annual growth, with each year seeing an approximate increase of 0.1 MTOE, translating into a growth rate of around 3.5% per annum. This consistent upward trend reflects a growing demand within the sector, likely driven by increased industrial activity and investments in chemical and petrochemical production capabilities.
Looking ahead, key trends to monitor include technological advancements in natural gas extraction and processing, which could impact supply dynamics and pricing. Additionally, regulatory changes aiming at reducing carbon emissions may affect sector consumption patterns. The global push towards renewable energy sources and sustainability could also lead to innovations in energy efficiency within the sector, potentially moderating future natural gas demand.