The forecast for fossil energy final consumption in France's chemical and petrochemical sectors indicates a steady decline from 2024 to 2028. Specifically, consumption is projected to decrease from 44.56 thousand GWh in 2024 to 41.78 thousand GWh by 2028. Between 2023 and 2024, no data was provided, hence the starting point for this analysis is based on 2024 data. From year to year, the average consumption decline is roughly 1.83% annually, with a compounding annual growth rate (CAGR) of approximately -1.62% over these five forecasted years.
Future trends to watch for include the impact of stricter environmental regulations, advancements in energy efficiency, and a potential shift towards renewable energy sources. These factors could accelerate the decline in fossil energy consumption beyond current projections.
