Forecast: Chemical and Petrochemical Sector Final Consumption of Solid Fossil Fuels in France

The final consumption of solid fossil fuels in France's chemical and petrochemical sector was registered at 12.65 thousand terajoules in 2023. The forecast from 2024 to 2028 indicates a steady decline, with the value dropping from 12.21 to 10.53 thousand terajoules. The year-over-year percentage decrease is consistent, averaging at approximately 3.8% annually when calculated at the compound annual growth rate (CAGR). This trend reflects a shift towards more sustainable and environmentally friendly energy sources within the sector.

Future trends to watch for include:

  • The impact of EU and international regulations on carbon emissions and fossil fuel usage.
  • Technological advancements in alternative processing and energy-efficient technologies.
  • Investment in renewable energy sources as part of the industry's transition plan.
  • Changes in global supply chains and market demand influencing energy consumption patterns.

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