As of 2023, the heat final consumption in the UK chemical and petrochemical sectors stood at a certain level (data not provided for 2023), from which a declining trend is forecasted. Between 2024 and 2028, the projected year-on-year decreases are approximately 7.7% from 2024 to 2025, 8.1% from 2025 to 2026, 8.7% from 2026 to 2027, and finally, a further 9.3% from 2027 to 2028. The Compound Annual Growth Rate (CAGR) over these five years indicates a consistent reduction in consumption at an average rate per year.

Future trends to watch for include:

The impact of increasing energy efficiency and tightening environmental regulations on heat consumption within these intensive sectors.
Technological advancements and their adoption rates which could contribute to further declines or alternatively spur increased heat needs depending on the nature of innovations.
Shifts in market dynamics such as the entry of new players or changes in demand for chemical and petrochemical products that could alter consumption trajectories.