Forecast: Chemical and Petrochemical Sector Final Consumption of Biogases in Italy

The consumption of biogases in Italy's chemical and petrochemical sector has seen varied trends over the years. Between 2013 and 2016, the sector's consumption remained stable at 283 Terajoules. A decline began in 2017, with the value dropping to 266 Terajoules, and it continued to see further decreases until 2021. Despite a brief increase in 2022 and 2023, the overall trend up to 2023 shows a slight decline, ending at 239.67 Terajoules in 2023.

Year-on-year variations highlight significant shifts, such as a notable decrease in 2019 by -13.17% and a smaller growth in subsequent years. The five-year Compound Annual Growth Rate (CAGR) also reflects this decline at -2.27% up until 2023. The forecast indicates a positive trend with an expected average yearly increase of 1.65%, culminating in an 8.51% growth by 2028.

Future trends to watch for:

  • Technological advancements in biogas production
  • Regulatory changes and renewable energy targets
  • Investment in sustainable energy infrastructure