While all manufacturing bases are equally reliant on heat during industrial processes, the source of energy used to generate that required heat varies greatly by region. Hydrogen will also become more widespread in industrial heating in China, and grow from less than 1% by 2025 to 10% of total industrial heat generation by 2050. Electricity's share of Europe's industrial heat generation is set to grow from around 4% in 2025 to 17.5% by 2050, DNV data shows. Made from an array of natural matter ranging from wood chips and crops to municipal waste and forestry residue, biomass currently generates around a quarter of Europe's industrial heat, but will generate 57% of industrial heat by 2050. In all, industries in every major economy will make significant changes to their fuel sources for industrial heat over the coming decades.

---