The gasoline consumption in the manufacture of raw chemical materials and chemical products in China stood at approximately 12.59 ten thousand metric tons in 2023. Forecasts indicate a significant decreasing trend over the next five years: a predicted decline of 19.2% in 2024, 22.3% in 2025, 21.6% in 2026, 27.5% in 2027, and 37.7% in 2028. The compound average growth rate (CAGR) over this period highlights an annual reduction of approximately 24.2%.

Future trends to watch for:

Potential shifts towards alternative energy sources impacting gasoline demand.
Governmental regulations on carbon emissions driving changes within the chemical manufacturing sector.
Technological advancements increasing energy efficiency, further reducing gasoline dependence.