The chemical and petrochemical sector in France is expected to see a steady increase in its final consumption of heat from 2024 to 2028. Starting from a consumption value of 46.03 Thousand Terajoules in 2024, the forecasted growth reaches 53.73 Thousand Terajoules by 2028. The year-on-year growth rate indicates a consistent upward trajectory, averaging a compound annual growth rate (CAGR) over these five years.
On a year-on-year basis, consumption is set to rise approximately by 4.24% from 2024 to 2025, by 4.04% from 2025 to 2026, by 3.82% from 2026 to 2027, and by 3.66% from 2027 to 2028.
Future trends to watch for include potential shifts in environmental regulations, advancements in heat recovery technologies, and changes in global demand for chemical products. These factors could significantly influence heat consumption patterns in this sector.