In 2023, heat final consumption in the chemical and petrochemical sectors in Germany stood at 2.62 million tonnes of oil equivalent. The forecast for the period from 2024 to 2028 shows a gradual increase from 2.66 to 2.84 million tonnes, signifying modest annual growth. The year-on-year percentage variation suggests incremental growth: 1.50% in 2025, 1.85% in 2026, 1.45% in 2027, and 1.79% in 2028. The compound annual growth rate (CAGR) over these five years reflects a steady but slow rise in consumption.
Future trends to watch for include:
- The impact of energy efficiency policies and sustainable practices in the chemical and petrochemical sectors.
- The influence of renewable energy sources on reducing traditional heat consumption.
- Technological advancements and innovations in production processes that may lead to either increased efficiency or greater energy demand.
- Economic factors, including shifts in demand and global market dynamics, affecting the industry's energy usage patterns.