In 2023, the final consumption of natural gas in the UK's chemical and petrochemical sector stood at 15.83 thousand gigawatthours. Forecasts indicate a consistent decline from 2024 through 2028, with year-on-year reductions ranging approximately between 2.1% to 3.2%. The compound annual growth rate (CAGR) over this five-year horizon is expected to be negative, reflecting a steady downward trend in natural gas consumption within the sector.

Future trends to watch for:

Shift towards greener energy sources in alignment with the UK's decarbonization goals.
Technological advancements enhancing energy efficiency in production processes.
Potential policy changes affecting natural gas usage in industrial sectors.