The forecast for the chemical and petrochemical sector's solid fossil fuel consumption in France shows a gradual decrease from 2024 to 2028. Starting from 501.06 thousand metric tons in 2024, it declines to 491.12 thousand metric tons by 2028. This steady reduction reflects a concerted effort in minimizing reliance on solid fossil fuels in the sector.
Year-on-year percentage variations are modest, showing a consistent downward trend over the forecasted period. Over the last five years, the compound annual growth rate (CAGR) highlights an average annual decrease.
Future trends to watch for:
- Potential shifts towards renewable energy sources in the sector.
- Technological advancements aimed at reducing fossil fuel dependency.
- Policy and regulatory changes promoting sustainable practices.
