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

In 2023, the consumption of non-renewable waste in Germany's chemical and petrochemical sectors was recorded at 7.17 thousand Terajoules. From 2024 to 2028, a steady year-on-year increase is forecasted, ranging from 2.32% to 2.00% yearly. The compound annual growth rate (CAGR) over these five years amounts to approximately 2.15%, indicating a consistent uptrend in non-renewable waste consumption.

Future trends to watch for include:

  • Adaptation and integration of more sustainable practices within the industry, which could potentially influence consumption patterns.
  • Possible regulatory changes aimed at reducing non-renewable waste use.
  • Technological advancements in recycling and waste recovery that could alter projected demand.
  • Global market dynamics impacting energy and raw material prices, thus affecting consumption levels.

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