The sold production value of Sulphuric Acid and Oleum in France fluctuated from 2013 to 2023, peaking in 2019 and hitting a low in 2017, with an overall decline observed in recent years. By 2023, the value stood at 43.81 million euros. The year-on-year variations reflected periods of growth and decline, with significant drops in 2017 and 2020. The five-year CAGR for 2023 was -0.56%, indicating a slight annual decrease on average.
Forecasts (from 2024 to 2028) suggest a steady yet small decline, with a projected 5-year CAGR of -0.1%, implying minimal changes year-over-year. The market shows stability with slight decreases annually.
Future trends to watch for include potential impacts of environmental regulations, innovations in production technologies, and global market demands which could shift production values significantly away from current forecasts.
