Natural gas consumption in the recycling and disposal of waste in China has shown significant growth since 2013, starting from 380.0 hundred thousand cubic meters and accelerating to 45,360.0 in 2023. Despite a temporary dip in 2020, a general upward trend is evident with considerable year-on-year increases, reaching 27.83% growth in 2023. In the past five years, from 2019 to 2023, the consumption saw an average annual growth rate (CAGR) of 34.10%.
Future trends to watch for include the projected continued increase in consumption, with a forecast CAGR of 10.27% over the next five years, reaching 88,010.0 hundred thousand cubic meters by 2028. This highlights the ongoing importance of natural gas in the waste management sector, driven by expanding recycling and disposal initiatives and policies emphasizing cleaner energy solutions.
