The gross inland consumption of lubricants in France is projected to increase from 15.47 thousand terajoules in 2024 to 26.26 thousand terajoules by 2028. This reflects a steady year-on-year growth rate of approximately 14% annually between 2024 and 2028. The consumption projection for 2024 indicates a significant upward trend from the levels recorded in 2023.
Future trends to watch for:
- Green technology advancements and the potential impact on lubricant demand.
- Regulatory changes in the automotive and industrial sectors influencing consumption patterns.
- Innovation in lubricant materials enhancing efficiency and lifespan.