Forecast: Heat Final Consumption in Chemical and Petrochemical Sectors in Germany

In 2023, the heat final consumption in Germany's chemical and petrochemical sectors stood at 109.15 thousand terajoules. Forecasted data from 2024 to 2028 reveal a consistent upward trend in heat consumption, with a year-on-year increase of approximately 1.7% annually. The compound annual growth rate (CAGR) over the five-year forecast period is about 1.66%, indicating steady growth in energy needs for these industries.

Future trends to watch for include Germany's energy transition impacts, technological advancements in energy efficiency, and regulatory changes affecting energy consumption in the chemical and petrochemical sectors. These factors may influence the forecasted growth trajectory significantly.

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