global industrial demand

The industrial sector represents close to 30 percent of primary energy demand worldwide, second only to power generation. Industrial demand is comprised of many segments. In broad categories, these are represented first by "heavy manufacturing," which includes the production of steel and cement. Another key segment is "chemicals," which covers commodity and specialty chemicals, as well as fertilizers. In addition, the "other" segment is made up of refining, agriculture, and a variety of industrial processes.

The charts provide the demand outlook to 2030 for these broad categories — split by OECD OECD (Organization for Economic Cooperation and Development) Member Countries (30) Australia, Austria, Belgium, Canada, Czech Republic, Denmark, Finland, France, Germany, Greece, Hungary, Iceland, Ireland, Italy, Japan, Korea, Luxembourg, Mexico, Netherlands, New Zealand, Norway, Poland, Portugal, Slovak Republic, Spain, Sweden, Switzerland, Turkey, United Kingdom, United States and non-OECD countries. Again, a distinct difference exists between the demand profiles for these areas.

For the OECD, overall demand is expected to remain about flat through 2030 — similar to its overall pattern since 1980. There will be pluses and minuses — some modest growth in chemicals, for example, and a small rate of decline in heavy manufacturing.

For the non-OECD countries, relatively significant growth at 1.9 percent per year is anticipated. By 2030, industrial energy demand will be about double that of the total OECD. The increase will be led by manufacturing and chemicals.

Globally, industrial demand will increase at 1.2 percent per year, with no significant change in its share of primary energy.