The mining and quarrying sector's consumption of heat in Italy is forecasted to grow steadily from 147.73 Terajoules in 2024 to 171.26 Terajoules in 2028. This indicates a consistent year-on-year growth rate of about 4% to 5%. In 2023, the sector's heat consumption stood comparatively lower, setting a baseline for this upward trajectory. The compound annual growth rate (CAGR) over the five-year period is projected to be approximately 3.69%, reflecting robust expansion driven by increased operational demands and technological advancements within the sector.
Future trends to watch for include:
- Technological innovations enhancing energy efficiency.
- Regulatory changes impacting energy consumption patterns.
- Market developments in renewable energy adoption within the industry.
- Economic factors influencing sector growth and energy demand.
