In 2023, the consumption of brown coal briquettes in Germany's chemical and petrochemical sector was at [insert 2023 value here] thousand metric tons. Forecast data from 2024 indicates a significant and steady decline in consumption, with a projected annual decrease to 54.66 thousand metric tons in 2024 and further dropping to 5.15 thousand metric tons by 2028. This represents a compound annual growth rate (CAGR) of approximately -37% over the forecasted period.
Future trends to watch for include:
- A potential shift towards alternative energy sources as the sector aims to reduce carbon footprints.
- Increased regulatory pressure to minimize the use of lignite (brown coal) in industrial applications.
- Technological advancements that may lead to improved energy efficiency and reduced reliance on traditional fuel sources such as brown coal.