The country remains central to the global market. Iraq holds abundant resources of oil and gas and has strong solar PV potential. By 2030, its production is set to be the third-largest contributor to global oil supply. Over the period to 2030, electricity demand will reach the average of 150 terawatt hours. Renewable capacity is also expected to amount for 5% of Iraq's total system capacity in the same year.
As for chemical industry, Iraq has received a number of investments to establish petrochemical plants across the country which will cover a large part of the local demand.
Our consulting team at Market Research Iraq is ready to help clients in the chemical and energy industry through advisory services in a wide range of areas, ranging from petrochemicals, agrochemicals, chemical 4.0, and also sustainability and circular economy.We will guide clients in addressing complex challenges in the local market and build the best strategy to enter, grow and succeed.