In 2023, the sold production of hydrogen fluoride in France stood at a value of 15.56 Million Euros. The forecasted data from 2024 to 2028 shows a positive trend with values increasing consistently each year: 2024 - 16.961 Million Euros, 2025 - 18.412 Million Euros, 2026 - 19.847 Million Euros, 2027 - 21.268 Million Euros, and 2028 - 22.675 Million Euros. The year-on-year variations demonstrate a steady growth trajectory.
Key Highlights:
- 2023 to 2024: 8.99% increase
- 2024 to 2025: 8.55% increase
- 2025 to 2026: 7.79% increase
- 2026 to 2027: 7.16% increase
- 2027 to 2028: 6.62% increase
The compound annual growth rate (CAGR) over the forecasted five-year period is approximately 7.82%, indicating a robust and sustained growth trend.
Future Trends to Watch For:
- Technological advancements affecting production efficiency and capacity.
- Regulatory changes and environmental policies impacting production practices.
- Market demand shifts due to new applications of hydrogen fluoride and competition.
- Global economic factors influencing raw material availability and costs.
