In 2023, the petroleum coke final consumption in industry in France stood at a level below the forecasted 2024 value of 3.47 thousand gigawatthours. From 2024 to 2028, the consumption is expected to decrease steadily, showing a year-on-year percentage decline, with values dropping from 3.47 in 2024 to 2.32 by 2028. This represents a projected compound annual growth rate (CAGR) that illustrates a downward trend.
Key future trends to watch for include:
- The impact of environmental regulations on petroleum coke usage as France pushes for cleaner energy alternatives.
- Technological advancements in industrial applications potentially reducing petroleum coke dependency.
- Market dynamics in global energy pricing influencing France's industrial consumption patterns.