Germany predominates in the European Chemical and Petrochemical sector's final consumption of heat, contributing significantly more than other countries, despite a slight decline in 2023. The Netherlands and Poland show substantial year-on-year growth, driven by industrial resilience and investments. France and Ukraine experience notable increases, with Ukraine's rise attributed to industrial recovery. Italy and the UK face sharp declines, reflecting economic challenges. Countries like Croatia and Moldova record exceptional gains but from lower bases, while Romania sees a drastic reduction.
Future trends to watch:
- Energy transition and sustainability initiatives could alter consumption patterns and sector dynamics.
- Policy shifts towards decarbonization may drive technological innovation and efficiency improvements.
- Geopolitical factors could influence energy supply security and strategic positioning within Europe.
Top countries in Chemical and Petrochemical Sector Final Consumption of Heat Share by Country (Thousand Tonnes Of Oil Equivalent)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 30.02 | 2023 | +1.85% | -0.49% | View data |
| 2 | 2 Netherlands | 15.57 | 2023 | +1.16% | +1.6% | View data |
| 3 | 3 France | 11.56 | 2023 | +5.87% | +3.68% | View data |
| 4 | 4 Ukraine | 8.66 | 2023 | +0.0081% | +8.04% | View data |
| 5 | 5 Italy | 8.05 | 2023 | +1.93% | -6.8% | View data |
| 6 | 6 Poland | 4.23 | 2023 | +2.94% | +8.53% | View data |
| 7 | 7 Belgium | 3.36 | 2023 | +1.15% | +1.1% | View data |
| 8 | 8 Hungary | 3.28 | 2023 | +1.23% | +3.86% | View data |
| 9 | 9 Finland | 3.07 | 2023 | +2.48% | -0.73% | View data |
| 10 | 10 Sweden | 2.4 | 2023 | +28% | View data |
