As of 2023, the consumption of natural gas in the chemical and petrochemical sectors in France stood at 128.98 thousand Terajoules. Forecasts from 2024 to 2028 indicate a steady annual increase in consumption: 129.98 thousand Terajoules in 2024, reaching 133.88 thousand Terajoules by 2028. This represents a compound annual growth rate (CAGR) of approximately 0.95%. Year-on-year growth remains consistent around 0.75% to 0.77%, reflecting a stable upward trend in natural gas demand within these industries.
Future trends to watch for include:
- Potential impacts of energy transition policies aimed at reducing carbon emissions within the industrial sector.
- Innovations in energy efficiency and alternative feedstocks in chemical production.
- Fluctuations in global natural gas prices and their effect on consumption economics.
