The lignite final consumption in France's chemical and petrochemical sectors is forecasted to decline steadily from 2024 to 2028. In 2023, the consumption stood at approximately 207.50 Terajoules. The forecasted values indicate a significant downward trend with consumption expected to fall each year, marking a decline of around 9% from 2024 to 2025, and similar decreases in subsequent years, culminating in a compound annual growth rate (CAGR) decrease of around 9.57% over the five-year period from 2024 to 2028.
Future trends to watch for:
- Increasing regulatory pressures and environmental sustainability goals may further drive reductions in lignite consumption.
- Technological advancements and shifts toward cleaner energy sources could accelerate the decline.
- Economic factors and market dynamics in the chemical and petrochemical sectors may influence lignite demand.
