In 2023, the actual consumption of coal tar in France was slightly higher than forecasted for following years. The data forecasts a small year-on-year decline from 2024 to 2028, decreasing from 139.42 thousand metric tons in 2024 to 136.9 thousand metric tons in 2028. This reflects a gradual annual reduction in consumption, indicating a modest downtrend in demand. The compound annual growth rate (CAGR) reinforces this declining trend in coal tar consumption over the analyzed five-year period.
Future trends to watch for include:
- Continued regulatory pressure and environmental concerns pushing for reduced coal tar use.
- Potential shifts in industrial applications affecting consumption patterns.
- Innovation in alternative materials or technologies that may influence coal tar demand.