In 2023, the final consumption of gas oil and diesel oil (excluding biofuel portion) in the chemical and petrochemical sectors in France stood at slightly below the 2024 level. Moving into the forecast period, data shows a steady upward trend with a year-on-year growth rate between 2% and 2.1% from 2024 through 2028, resulting in a compound annual growth rate (CAGR) of approximately 2.04% over the five years.
Future trends to watch for:
- Increased integration of sustainable energy practices, which could affect fossil fuel demand.
- Potential regulatory changes regarding emissions and energy efficiency in the chemical and petrochemical sectors.
- Technological advancements in energy use and conservation within the industry.