The sulphuric acid and oleum market size in France has exhibited fluctuations over the years. After a decline from 2013 to 2017, the market rebounded in 2018, showing significant year-on-year growth. Although the value dropped again sharply in 2020, it recovered in the following years. As of 2023, the market stood at 96.47 million Euros. Year-on-year variations in the past two years have been minimal, with a 0.043% increase in 2022 and a 0.042% increase in 2023. The five-year CAGR leading up to 2023 was around -0.15%, indicating a slight overall decline but with periods of recovery.
Looking ahead, the forecast shows a stable yet minimal growth rate, with a forecasted five-year CAGR of 0.03% and a five-year growth rate of 0.17% up to 2028. This indicates that the market is expected to stabilize with only marginal growth. Future trends to watch for include potential shifts in environmental regulations, technological advancements in production, and market demand changes influenced by various industrial sectors.
