The production of Diols, Polyalcohols, and Cyclical Alcohols in France is forecasted to grow steadily from 2024 to 2028, with volumes increasing from 15.734 to 16.889 million kilograms. In 2023, production stood at 15.462 million kilograms, indicating a moderate upward trend. The year-on-year variations are notably consistent, with an annual growth rate of around 1.9% in 2024 and settling above 1.7% through 2028. This reflects a compound annual growth rate (CAGR) over five years of approximately 1.8%, demonstrating a consistent demand and market stability.
Future trends to watch for include:
- Technological advancements in production efficiency.
- Influences of regulatory changes on chemical production.
- Shifts in global demand for sustainable and eco-friendly chemical products.
- Potential impacts of economic conditions on the industry’s growth.
