During the 2023-2028 period, forecasted non-renewable municipal waste consumption in the UK’s chemical and petrochemical sectors is expected to rise steadily. Starting from 1.72 thousand terajoules in 2024, the consumption grows year-on-year, reaching 2.06 thousand terajoules by 2028. Assessing the compound annual growth rate (CAGR) from 2024 to 2028 reveals a consistent upward trend in energy consumption in this sector.
Future trends to watch for:
- Regulatory shifts towards sustainability might influence waste management practices.
- Technological advancements could alter waste utilization efficiency.
- Economic factors and policy changes could impact consumption patterns significantly.