The forecasted coal tar available for final consumption in France from 2024 to 2028 shows a gradual decline. Starting at 127.87 thousand tonnes of oil equivalent in 2024, it decreases to 127.23 by 2028. Compared to 2023, this represents a minor decline, underscoring diminishing usage or production efficiency. Each subsequent year's value presents a decrease of less than 0.2% year-on-year, indicating a consistent downward trend over these years. The Compounded Annual Growth Rate (CAGR) across this period reflects a minor negative growth, indicating a slight but steady reduction in coal tar availability.
Future trends to watch for:
- Consideration of alternative materials due to environmental policies could further suppress demand.
- Technological advancements could improve efficiency, affecting future forecasts.
- Regulatory interventions aimed at reducing carbon footprints may accelerate the decline in consumption.
- Market dynamics, including the potential rise of electric alternatives, could impact coal tar utilization.
