In 2024, China's natural gas consumption in the manufacture of non-metallic mineral products is forecasted at 412.67 hundred million cubic meters. This shows a significant increase from 2023's actual figure, indicating robust growth in this sector. From 2024 to 2028, an upward trend is evident with increasing consumption each year, showcasing the industry's rising demand for natural gas. Year-on-year growth rates for this period highlight a progressive increment, while the compound annual growth rate (CAGR) reflects a steady average annual increase over these five years.
Future trends to watch include technological advancements in manufacturing processes that could either increase efficiency, thereby reducing gas consumption, or stimulate higher demand through expanded production capacities. Additionally, shifts in energy policies and market dynamics could influence the pace and direction of this consumption trend.
