Europe Sulfuric Acid Market Size, Share & Industry Trends Analysis Report By Raw Material (Elemental Sulfur, Base Metal Smelters, Pyrite Ore and Others), By Application, By Country and Growth Forecast, 2023

Description

List of Tables

The Europe Sulfuric Acid Market would witness market growth of 4.1% CAGR during the forecast period (2023-2030). In the year 2020, the Europe market's volume surged to 6,880.3 kilo tonnes, showcasing a growth of 3.8% (2019-2022).

Sulfuric acid is used to produce inorganic phosphate fertilizers, including ammonium sulfate and superphosphate of lime. It is also utilized to produce mono ammonium phosphate (MAP) and diammonium phosphate (DAP), which increase crop yields through tilling. Automobile production is increasing due to the burgeoning population and disposable incomes. Consequently, the rising demand for products from the automotive industry is anticipated to contribute to market expansion over the forecast period.

Sulfuric acid is a standard reagent in many laboratory procedures and analytical techniques. It is used in titrations, sample preparation, and various chemical analyses. As a DNA-damaging agent, sulfuric acid is utilized to produce chemotherapy drugs. As an ingredient in topical ointments, sulfuric acid can treat various skin infections, including canker sores caused by stress, acidic foods, or minor trauma.

The market in Europe is shaped by a combination of industrial activity, regulatory frameworks, and innovation in end-user sectors. The chemical sector is a significant user of sulfuric acid, both as a reagent and a catalyst, and this industry is relatively robust in Europe, especially in countries like Germany and France. According to the Government of UK, the core biopharmaceutical industry produced £40.8 billion in revenue in 2021, or 43% of the total for the life sciences sector. Thus, the leadership of various regional nations in different industries will generate growth potential. Thereby propelling the expansion of the regional market.

The Russia market dominated the Europe Sulfuric Acid Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $768.6 million by 2030. The France market is estimated to grow at a CAGR of 4.6% during (2023 - 2030). Additionally, The Germany market would exhibit a CAGR of 3.6% during (2023 - 2030).

Based on Raw Material, the market is segmented into Elemental Sulfur, Base Metal Smelters, Pyrite Ore and Others. Based on Application, the market is segmented into Fertilizers, Chemical Manufacturing, Metal Processing, Textile Industry, Petroleum Refining, Automotive, Pulp & Paper and Others. Based on countries, the market is segmented into Russia, France, Germany, UK, Spain, Italy, and Rest of Europe.

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include The Mosaic Company, Akzo Nobel N.V., BASF SE, Solvay SA, PVS Chemical Solution, INEOS Group Holdings S.A. (Bilcare Research), and Nutrien Limited

Scope of the Study

Market Segments covered in the Report:

By Raw Material (Volume, Kilo Tonnes, USD Million, 2019-2030)

Elemental Sulfur
Base Metal Smelters
Pyrite Ore
Others

By Application (Volume, Kilo Tonnes, USD Million, 2019-2030)

Fertilizers
Chemical Manufacturing
Metal Processing
Textile Industry
Petroleum Refining
Automotive
Pulp & Paper
Others

By Country (Volume, Kilo Tonnes, USD Million, 2019-2030)

Russia
France
Germany
UK
Spain
Italy
Rest of Europe

Companies Profiled

The Mosaic Company
Akzo Nobel N.V.
BASF SE
Solvay SA
PVS Chemical Solution
INEOS Group Holdings S.A. (Bilcare Research)
Nutrien Limited

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Chapter 1. Market Scope & Methodology

1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
- 1.4.1 Europe Sulfuric Acid Market, by Raw Material
- 1.4.2 Europe Sulfuric Acid Market, by Application
- 1.4.3 Europe Sulfuric Acid Market, by Country
1.5 Methodology for the research

Chapter 2. Market at a Glance

2.1 Key Highlights

Chapter 3. Market Overview

3.1 Introduction
- 3.1.1 Overview
  - 3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
- 3.2.1 Market Drivers
- 3.2.2 Market Restraints
3.3 Porter's Five Force Analysis

Chapter 4. Europe Sulfuric Acid Market by Raw Material

4.1 Europe Elemental Sulfur Market by Country
4.2 Europe Base Metal Smelters Market by Country
4.3 Europe Pyrite Ore Market by Country
4.4 Europe Others Market by Country

Chapter 5. Europe Sulfuric Acid Market by Application

5.1 Europe Fertilizers Market by Country
5.2 Europe Chemical Manufacturing Market by Country
5.3 Europe Metal Processing Market by Country
5.4 Europe Textile Industry Market by Country
5.5 Europe Petroleum Refining Market by Country
5.6 Europe Automotive Market by Country
5.7 Europe Pulp & Paper Market by Country
5.8 Europe Others Market by Country

Chapter 6. Europe Sulfuric Acid Market by Country

6.1 Russia Sulfuric Acid Market
- 6.1.1 Russia Sulfuric Acid Market by Raw Material
- 6.1.2 Russia Sulfuric Acid Market by Application
6.2 France Sulfuric Acid Market
- 6.2.1 France Sulfuric Acid Market by Raw Material
- 6.2.2 France Sulfuric Acid Market by Application
6.3 Germany Sulfuric Acid Market
- 6.3.1 Germany Sulfuric Acid Market by Raw Material
- 6.3.2 Germany Sulfuric Acid Market by Application
6.4 UK Sulfuric Acid Market
- 6.4.1 UK Sulfuric Acid Market by Raw Material
- 6.4.2 UK Sulfuric Acid Market by Application
6.5 Spain Sulfuric Acid Market
- 6.5.1 Spain Sulfuric Acid Market by Raw Material
- 6.5.2 Spain Sulfuric Acid Market by Application
6.6 Italy Sulfuric Acid Market
- 6.6.1 Italy Sulfuric Acid Market by Raw Material
- 6.6.2 Italy Sulfuric Acid Market by Application
6.7 Rest of Europe Sulfuric Acid Market
- 6.7.1 Rest of Europe Sulfuric Acid Market by Raw Material
- 6.7.2 Rest of Europe Sulfuric Acid Market by Application

Chapter 7. Company Profiles

7.1 The Mosaic Company
- 7.1.1 Company Overview
- 7.1.2 Financial Analysis
- 7.1.3 Segmental and Regional Analysis
- 7.1.4 Recent strategies and developments:
  - 7.1.4.1 Partnerships, Collaborations, and Agreements:
- 7.1.5 SWOT Analysis
7.2 Akzo Nobel N.V.
- 7.2.1 Company Overview
- 7.2.2 Financial Analysis
- 7.2.3 Segmental and Regional Analysis
- 7.2.4 SWOT Analysis
7.3 BASF SE
- 7.3.1 Company Overview
- 7.3.2 Financial Analysis
- 7.3.3 Segmental and Regional Analysis
- 7.3.4 Research & Development Expense
- 7.3.5 SWOT Analysis
7.4 Solvay SA
- 7.4.1 Company Overview
- 7.4.2 Financial Analysis
- 7.4.3 Segmental and Regional Analysis
- 7.4.4 Research & Development Expenses
- 7.4.5 SWOT Analysis
7.5 PVS Chemical Solution
- 7.5.1 Company Overview
- 7.5.2 Recent strategies and developments:
  - 7.5.2.1 Acquisition and Mergers:
- 7.5.3 SWOT Analysis
7.6 INEOS Group Holdings S.A. (Bilcare Research)
- 7.6.1 Company Overview
- 7.6.2 Financial Analysis
- 7.6.3 Segmental and Regional Analysis
- 7.6.4 Recent strategies and developments:
  - 7.6.4.1 Partnerships, Collaborations, and Agreements:
  - 7.6.4.2 Acquisition and Mergers:
- 7.6.5 SWOT Analysis
7.7 Nutrien Limited
- 7.7.1 Company Overview
- 7.7.2 Financial Analysis
- 7.7.3 Segmental and Regional Analysis
- 7.7.4 SWOT Analysis

LIST OF TABLES

TABLE 1 Europe Sulfuric Acid Market, 2019 - 2022, USD Million
TABLE 2 Europe Sulfuric Acid Market, 2023 - 2030, USD Million
TABLE 3 Europe Sulfuric Acid Market, 2019 - 2022, Kilo Tonnes
TABLE 4 Europe Sulfuric Acid Market, 2023 - 2030, Kilo Tonnes
TABLE 5 Europe Sulfuric Acid Market by Raw Material, 2019 - 2022, USD Million
TABLE 6 Europe Sulfuric Acid Market by Raw Material, 2023 - 2030, USD Million
TABLE 7 Europe Sulfuric Acid Market by Raw Material, 2019 - 2022, Kilo Tonnes
TABLE 8 Europe Sulfuric Acid Market by Raw Material, 2023 - 2030, Kilo Tonnes
TABLE 9 Europe Elemental Sulfur Market by Country, 2019 - 2022, USD Million
TABLE 10 Europe Elemental Sulfur Market by Country, 2023 - 2030, USD Million
TABLE 11 Europe Elemental Sulfur Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 12 Europe Elemental Sulfur Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 13 Europe Base Metal Smelters Market by Country, 2019 - 2022, USD Million
TABLE 14 Europe Base Metal Smelters Market by Country, 2023 - 2030, USD Million
TABLE 15 Europe Base Metal Smelters Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 16 Europe Base Metal Smelters Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 17 Europe Pyrite Ore Market by Country, 2019 - 2022, USD Million
TABLE 18 Europe Pyrite Ore Market by Country, 2023 - 2030, USD Million
TABLE 19 Europe Pyrite Ore Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 20 Europe Pyrite Ore Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 21 Europe Others Market by Country, 2019 - 2022, USD Million
TABLE 22 Europe Others Market by Country, 2023 - 2030, USD Million
TABLE 23 Europe Others Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 24 Europe Others Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 25 Europe Sulfuric Acid Market by Application, 2019 - 2022, USD Million
TABLE 26 Europe Sulfuric Acid Market by Application, 2023 - 2030, USD Million
TABLE 27 Europe Sulfuric Acid Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 28 Europe Sulfuric Acid Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 29 Europe Fertilizers Market by Country, 2019 - 2022, USD Million
TABLE 30 Europe Fertilizers Market by Country, 2023 - 2030, USD Million
TABLE 31 Europe Fertilizers Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 32 Europe Fertilizers Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 33 Europe Chemical Manufacturing Market by Country, 2019 - 2022, USD Million
TABLE 34 Europe Chemical Manufacturing Market by Country, 2023 - 2030, USD Million
TABLE 35 Europe Chemical Manufacturing Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 36 Europe Chemical Manufacturing Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 37 Europe Metal Processing Market by Country, 2019 - 2022, USD Million
TABLE 38 Europe Metal Processing Market by Country, 2023 - 2030, USD Million
TABLE 39 Europe Metal Processing Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 40 Europe Metal Processing Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 41 Europe Textile Industry Market by Country, 2019 - 2022, USD Million
TABLE 42 Europe Textile Industry Market by Country, 2023 - 2030, USD Million
TABLE 43 Europe Textile Industry Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 44 Europe Textile Industry Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 45 Europe Petroleum Refining Market by Country, 2019 - 2022, USD Million
TABLE 46 Europe Petroleum Refining Market by Country, 2023 - 2030, USD Million
TABLE 47 Europe Petroleum Refining Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 48 Europe Petroleum Refining Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 49 Europe Automotive Market by Country, 2019 - 2022, USD Million
TABLE 50 Europe Automotive Market by Country, 2023 - 2030, USD Million
TABLE 51 Europe Automotive Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 52 Europe Automotive Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 53 Europe Pulp & Paper Market by Country, 2019 - 2022, USD Million
TABLE 54 Europe Pulp & Paper Market by Country, 2023 - 2030, USD Million
TABLE 55 Europe Pulp & Paper Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 56 Europe Pulp & Paper Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 57 Europe Others Market by Country, 2019 - 2022, USD Million
TABLE 58 Europe Others Market by Country, 2023 - 2030, USD Million
TABLE 59 Europe Others Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 60 Europe Others Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 61 Europe Sulfuric Acid Market by Country, 2019 - 2022, USD Million
TABLE 62 Europe Sulfuric Acid Market by Country, 2023 - 2030, USD Million
TABLE 63 Europe Sulfuric Acid Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 64 Europe Sulfuric Acid Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 65 Russia Sulfuric Acid Market, 2019 - 2022, USD Million
TABLE 66 Russia Sulfuric Acid Market, 2023 - 2030, USD Million
TABLE 67 Russia Sulfuric Acid Market, 2019 - 2022, Kilo Tonnes
TABLE 68 Russia Sulfuric Acid Market, 2023 - 2030, Kilo Tonnes
TABLE 69 Russia Sulfuric Acid Market by Raw Material, 2019 - 2022, USD Million
TABLE 70 Russia Sulfuric Acid Market by Raw Material, 2023 - 2030, USD Million
TABLE 71 Russia Sulfuric Acid Market by Raw Material, 2019 - 2022, Kilo Tonnes
TABLE 72 Russia Sulfuric Acid Market by Raw Material, 2023 - 2030, Kilo Tonnes
TABLE 73 Russia Sulfuric Acid Market by Application, 2019 - 2022, USD Million
TABLE 74 Russia Sulfuric Acid Market by Application, 2023 - 2030, USD Million
TABLE 75 Russia Sulfuric Acid Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 76 Russia Sulfuric Acid Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 77 France Sulfuric Acid Market, 2019 - 2022, USD Million
TABLE 78 France Sulfuric Acid Market, 2023 - 2030, USD Million
TABLE 79 France Sulfuric Acid Market, 2019 - 2022, Kilo Tonnes
TABLE 80 France Sulfuric Acid Market, 2023 - 2030, Kilo Tonnes
TABLE 81 France Sulfuric Acid Market by Raw Material, 2019 - 2022, USD Million
TABLE 82 France Sulfuric Acid Market by Raw Material, 2023 - 2030, USD Million
TABLE 83 France Sulfuric Acid Market by Raw Material, 2019 - 2022, Kilo Tonnes
TABLE 84 France Sulfuric Acid Market by Raw Material, 2023 - 2030, Kilo Tonnes
TABLE 85 France Sulfuric Acid Market by Application, 2019 - 2022, USD Million
TABLE 86 France Sulfuric Acid Market by Application, 2023 - 2030, USD Million
TABLE 87 France Sulfuric Acid Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 88 France Sulfuric Acid Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 89 Germany Sulfuric Acid Market, 2019 - 2022, USD Million
TABLE 90 Germany Sulfuric Acid Market, 2023 - 2030, USD Million
TABLE 91 Germany Sulfuric Acid Market, 2019 - 2022, Kilo Tonnes
TABLE 92 Germany Sulfuric Acid Market, 2023 - 2030, Kilo Tonnes
TABLE 93 Germany Sulfuric Acid Market by Raw Material, 2019 - 2022, USD Million
TABLE 94 Germany Sulfuric Acid Market by Raw Material, 2023 - 2030, USD Million
TABLE 95 Germany Sulfuric Acid Market by Raw Material, 2019 - 2022, Kilo Tonnes
TABLE 96 Germany Sulfuric Acid Market by Raw Material, 2023 - 2030, Kilo Tonnes
TABLE 97 Germany Sulfuric Acid Market by Application, 2019 - 2022, USD Million
TABLE 98 Germany Sulfuric Acid Market by Application, 2023 - 2030, USD Million
TABLE 99 Germany Sulfuric Acid Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 100 Germany Sulfuric Acid Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 101 UK Sulfuric Acid Market, 2019 - 2022, USD Million
TABLE 102 UK Sulfuric Acid Market, 2023 - 2030, USD Million
TABLE 103 UK Sulfuric Acid Market, 2019 - 2022, Kilo Tonnes
TABLE 104 UK Sulfuric Acid Market, 2023 - 2030, Kilo Tonnes
TABLE 105 UK Sulfuric Acid Market by Raw Material, 2019 - 2022, USD Million
TABLE 106 UK Sulfuric Acid Market by Raw Material, 2023 - 2030, USD Million
TABLE 107 UK Sulfuric Acid Market by Raw Material, 2019 - 2022, Kilo Tonnes
TABLE 108 UK Sulfuric Acid Market by Raw Material, 2023 - 2030, Kilo Tonnes
TABLE 109 UK Sulfuric Acid Market by Application, 2019 - 2022, USD Million
TABLE 110 UK Sulfuric Acid Market by Application, 2023 - 2030, USD Million
TABLE 111 UK Sulfuric Acid Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 112 UK Sulfuric Acid Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 113 Spain Sulfuric Acid Market, 2019 - 2022, USD Million
TABLE 114 Spain Sulfuric Acid Market, 2023 - 2030, USD Million
TABLE 115 Spain Sulfuric Acid Market, 2019 - 2022, Kilo Tonnes
TABLE 116 Spain Sulfuric Acid Market, 2023 - 2030, Kilo Tonnes
TABLE 117 Spain Sulfuric Acid Market by Raw Material, 2019 - 2022, USD Million
TABLE 118 Spain Sulfuric Acid Market by Raw Material, 2023 - 2030, USD Million
TABLE 119 Spain Sulfuric Acid Market by Raw Material, 2019 - 2022, Kilo Tonnes
TABLE 120 Spain Sulfuric Acid Market by Raw Material, 2023 - 2030, Kilo Tonnes
TABLE 121 Spain Sulfuric Acid Market by Application, 2019 - 2022, USD Million
TABLE 122 Spain Sulfuric Acid Market by Application, 2023 - 2030, USD Million
TABLE 123 Spain Sulfuric Acid Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 124 Spain Sulfuric Acid Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 125 Italy Sulfuric Acid Market, 2019 - 2022, USD Million
TABLE 126 Italy Sulfuric Acid Market, 2023 - 2030, USD Million
TABLE 127 Italy Sulfuric Acid Market, 2019 - 2022, Kilo Tonnes
TABLE 128 Italy Sulfuric Acid Market, 2023 - 2030, Kilo Tonnes
TABLE 129 Italy Sulfuric Acid Market by Raw Material, 2019 - 2022, USD Million
TABLE 130 Italy Sulfuric Acid Market by Raw Material, 2023 - 2030, USD Million
TABLE 131 Italy Sulfuric Acid Market by Raw Material, 2019 - 2022, Kilo Tonnes
TABLE 132 Italy Sulfuric Acid Market by Raw Material, 2023 - 2030, Kilo Tonnes
TABLE 133 Italy Sulfuric Acid Market by Application, 2019 - 2022, USD Million
TABLE 134 Italy Sulfuric Acid Market by Application, 2023 - 2030, USD Million
TABLE 135 Italy Sulfuric Acid Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 136 Italy Sulfuric Acid Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 137 Rest of Europe Sulfuric Acid Market, 2019 - 2022, USD Million
TABLE 138 Rest of Europe Sulfuric Acid Market, 2023 - 2030, USD Million
TABLE 139 Rest of Europe Sulfuric Acid Market, 2019 - 2022, Kilo Tonnes
TABLE 140 Rest of Europe Sulfuric Acid Market, 2023 - 2030, Kilo Tonnes
TABLE 141 Rest of Europe Sulfuric Acid Market by Raw Material, 2019 - 2022, USD Million
TABLE 142 Rest of Europe Sulfuric Acid Market by Raw Material, 2023 - 2030, USD Million
TABLE 143 Rest of Europe Sulfuric Acid Market by Raw Material, 2019 - 2022, Kilo Tonnes
TABLE 144 Rest of Europe Sulfuric Acid Market by Raw Material, 2023 - 2030, Kilo Tonnes
TABLE 145 Rest of Europe Sulfuric Acid Market by Application, 2019 - 2022, USD Million
TABLE 146 Rest of Europe Sulfuric Acid Market by Application, 2023 - 2030, USD Million
TABLE 147 Rest of Europe Sulfuric Acid Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 148 Rest of Europe Sulfuric Acid Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 149 Key Information - The Mosaic Company
TABLE 150 Key information - Akzo Nobel N.V.
TABLE 151 Key Information - BASF SE
TABLE 152 Key Information - Solvay SA
TABLE 153 Key Information - PVS Chemical Solution
TABLE 154 Key Information - INEOS Group Holdings S.A.
TABLE 155 Key Information - Nutrien Limited

List of Figures

FIG 1 Methodology for the research
FIG 2 Europe Sulfuric Acid Market, 2019 - 2030, Kilo Tonnes
FIG 3 Key Factors Impacting Sulfuric Acid Market
FIG 4 Porter's Five Force Analysis: Sulfuric Acid Market
FIG 5 Europe Sulfuric Acid Market share by Raw Material, 2022
FIG 6 Europe Sulfuric Acid Market share by Raw Material, 2030
FIG 7 Europe Sulfuric Acid Market by Raw Material, 2019 - 2030, USD Million
FIG 8 Europe Sulfuric Acid Market share by Application, 2022
FIG 9 Europe Sulfuric Acid Market share by Application, 2030
FIG 10 Europe Sulfuric Acid Market by Application, 2019 - 2030, USD Million
FIG 11 Europe Sulfuric Acid Market share by Country, 2022
FIG 12 Europe Sulfuric Acid Market share by Country, 2030
FIG 13 Europe Sulfuric Acid Market by Country, 2019 - 2030, USD Million
FIG 14 SWOT Analysis: The Mosaic Company
FIG 15 SWOT Analysis: Akzo Nobel N.V.
FIG 16 SWOT Analysis: BASF SE
FIG 17 SWOT Analysis: Solvay SA
FIG 18 SWOT Analysis: PVS Chemical Solution
FIG 19 Recent strategies and developments: INEOS GROUP HOLDINGS S.A.
FIG 20 SWOT Analysis: INEOS GROUP HOLDINGS S.A.
FIG 21 SWOT Analysis: Nutrien Limited

Europe Sulfuric Acid Market Size, Share & Industry Trends Analysis Report By Raw Material (Elemental Sulfur, Base Metal Smelters, Pyrite Ore and Others), By Application, By Country and Growth Forecast, 2023 - 2030