Forecast: Chemical and Petrochemical Sector Final Consumption of Non-Renewable Waste in Germany

The chemical and petrochemical sector's final consumption of non-renewable waste in Germany is forecasted to grow steadily from 2024 through 2028. The consumption in 2024 is expected to rise to 2.05 thousand gigawatthours, marking an increase from the levels seen in 2023. Yearly growth rates suggest a consistent upward trend with consumption growing at a modest pace. Between 2024 and 2028, the projected compound annual growth rate is indicative of incremental progress.

Future trends to watch for include:

  • The potential impact of stricter environmental regulations, which may accelerate shifts towards renewable sources.
  • Technological innovations in waste processing and energy efficiency, potentially altering consumption patterns.
  • Market dynamics such as fluctuations in raw material prices and geopolitical factors influencing sector stability.

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