In 2023, the final consumption of renewable municipal waste in the chemical and petrochemical sectors in France was recorded at a lower value than the forecast value of 0.21 Terajoules for 2024. The projected trend from 2024 to 2028 indicates a consistent increase in consumption by approximately 0.02 Terajoules each year, translating into a steady annual growth rate of roughly 9.52% year-on-year. Over the five-year forecast period, this represents a compound annual growth rate (CAGR) of about 8.45%.
Future trends to watch for include:
- Technological advancements improving the efficiency of waste-to-energy conversion.
- Regulatory changes potentially influencing waste management practices and energy consumption.
- Evolving market demands within the chemical and petrochemical sectors which may impact waste utilization.