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liquid demand by region chart

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Liquids demand dominated by transportation and chemicals

  • Liquids demand dominated by transportation and chemicals
  • Demand grows in commercial transportation and chemicals
  • North America and Europe liquids demand declines with advances in light-duty vehicle efficiency
  • Africa has the fastest growth rates as emerging economies advance
  • Asia Pacific accounts for about 60 percent of the increase in global liquids demand to 2040, and surpasses the combined liquids demand of North America and Europe around 2025

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