As of 2023, the final consumption of non-renewable waste in the German chemical and petrochemical sector is estimated at a baseline value, with projections suggesting moderate growth from 2024 to 2028. Year-on-year growth rates indicate a steady increase: 2024 to 2025 by 2.31%, and similarly for each subsequent year. The Compound Annual Growth Rate (CAGR) from 2024 to 2028 is projected at approximately 2.19%, reflecting consistent upward momentum.
Future trends to watch for:
- Potential shifts toward more sustainable practices which could affect non-renewable waste consumption levels.
- Policy changes and regulations in Germany aiming at reducing carbon footprints.
- Technological advances in waste processing and resource efficiency.