The Chemical and Petrochemical sector in the UK shows a consistent forecast of increased consumption of non-renewable waste, with values projected to rise annually. Starting from 41.04 in 2024 to 49.08 in 2028 (expressed in thousand tonnes of oil equivalent), there is an upward trend evidenced by year-on-year growth rates, averaging a steady CAGR over the forecast period. In 2023, final consumption of non-renewable waste was slightly below these forecasted values, marking a pivot towards increased reliance on non-renewable resources in the sector.
Future trends to watch for include the potential impact of regulatory changes aimed at reducing non-renewable waste, advancements in recycling technologies, and the broader shift toward sustainability within the industry which may affect these forecasted values.
