The forecasted natural gas consumption in the manufacture of leather, fur, feather, and related products in China suggests an upward trend from 2024 to 2028, growing from 5.93 to 8.88 hundred million cubic meters. In 2023, consumption stood at approximately 5.20 hundred million cubic meters, marking a significant rise in demand for natural gas in this sector. Year-on-year growth rates reflect a steady increase, with a Compound Annual Growth Rate (CAGR) over this period signifying robust sectoral growth driven by increased industrial activities and a shift towards cleaner energy sources.
Future trends to watch include:
- Adoption of sustainable production practices driving natural gas demand.
- Potential regulatory shifts emphasizing environmental standards.
- Technological advancements enhancing production efficiency and energy usage.
- Market dynamics influenced by international trade and economic policies.
