In 2023, France's coal tar transformation output was reported at 5.25 thousand terajoules. Forecasts suggest a steady decline from 2024 to 2028, starting at 5.19 thousand terajoules in 2024 and decreasing to 4.94 thousand terajoules in 2028. The annual year-on-year decrease is relatively mild but consistent, with a compound annual growth rate (CAGR) reflecting a gradual reduction averaging around -1% annually over five years. This trend underlines a strategic shift perhaps due to evolving regulations or market dynamics toward cleaner energy sources.
Future trends to monitor include:
- Regulatory shifts favoring renewable energy.
- Technological advancements in alternative materials.
- Market demand changes for coal tar byproducts.
