In 2023, diesel oil consumption in the manufacture of raw chemical materials and chemical products in China stood at 27.50 ten thousand metric tons. Forecasts indicate a steady decline in consumption from 2024 to 2028, with values reducing from 23.43 to 7.51 ten thousand metric tons. The year-on-year variation shows significant reductions, particularly striking between 2026 and 2027, and the compound annual growth rate (CAGR) is notably negative. This trend reflects a broader shift towards more sustainable energy practices and efficiency improvements within the industry.
Future trends to watch for include advancements in alternative energy sources such as hydrogen and electricity, technological innovations catering to greener production processes, and regulatory changes aimed at reducing carbon footprints. Additionally, shifts in global demand for chemical products might further influence diesel consumption patterns.
