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

In 2023, bioenergy final consumption in Germany's chemical and petrochemical sectors stood below the projected 991.52 thousand tonnes of oil equivalent for 2024, indicating an upward trend. From 2024 to 2028, the forecast shows a consistent increase with values reaching 1060.0 thousand tonnes by 2028. The sector anticipates a year-on-year growth averaging around 1-2%, reflecting a stable expansion.

Future trends to watch for:

  • Technological advancements enhancing bioenergy efficiency.
  • Regulatory changes impacting bioenergy usage.
  • Potential shifts in raw material availability affecting supply chains.
  • Global economic factors influencing investment in bioenergy infrastructure.

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