The natural gas consumption in the chemical and petrochemical sectors in Germany is forecasted to grow from 5.59 million tonnes of oil equivalent in 2024 to 5.75 million tonnes in 2028. This reflects a gradual year-on-year increase of approximately 0.7%. Observing the growth trend towards 2028 indicates a steady rise in consumption, signifying increased industrial reliance on natural gas. The compound annual growth rate over the projected period stands at around 0.7% from 2024 to 2028.
Future trends to watch for:
Future trends may involve heightened efforts towards sustainability, possibly influencing natural gas demand with shifts towards alternative energy sources. Additionally, technological advancements in energy efficiency within the chemical and petrochemical sectors could impact demand levels in the coming years.
