In 2023, the chemical and petrochemical sector's consumption of solid fossil fuels in Germany was higher than the 2024 forecast, which is set at 393.59 thousand metric tons. Steep year-on-year declines are expected from 2024 to 2028, culminating in a dramatic 90% decrease in consumption by 2028. The compound annual growth rate (CAGR) over the five-year forecast period indicates a significant downward trend driven by increased regulatory pressures and industry shifts towards cleaner energy sources.

Future trends to watch for in the German chemical and petrochemical sector include:

Accelerated adoption of renewable energy sources and alternative materials.
Potential technological advancements that could improve energy efficiency.
Regulatory changes impacting fossil fuel usage and sustainability goals.
Economic factors influencing the cost and supply chain dynamics of solid fossil fuels.