Forecast: Fossil Energy Final Consumption in Chemical and Petrochemical Sectors in France

The forecasted decline in fossil energy consumption within France's chemical and petrochemical sectors shows a noticeable downward trend from 2024 to 2028, with a year-on-year decrease. From 2024's data point of 160.41 thousand terajoules, the trend indicates a decrease to 150.42 by 2028. This reduction suggests a compounded annual growth rate (CAGR) that is negative over the five-year forecast period, reflecting an ongoing shift in energy usage patterns within the sector.

Future trends to watch for include:

  • Transition to renewable energy sources amidst regulatory pressures.
  • Technological advancements that might impact energy efficiency and consumption.
  • Market and policy-driven shifts influencing fossil energy dependency in the sector.

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