As of 2023, the lubricants gross available energy in France stood at 293.5 Thousand Tonnes Of Oil Equivalent. Forecasted data from 2024 to 2028 shows a consistent upward trend, with values increasing from 345.8 to 563.96. The projected year-on-year variations indicate robust growth: approximately 16% from 2024 to 2025, 13.7% from 2025 to 2026, 11.9% from 2026 to 2027, and 10.5% from 2027 to 2028. The compounded annual growth rate (CAGR) for the forecasted period averages around 14.3%, suggesting a strong expansion for the French lubricants energy sector.
Future trends to watch include the impact of technological advancements in lubrication technology, regulatory shifts towards eco-friendly lubricants, and potential changes in the automotive and industrial sectors' demand dynamics. Additionally, economic conditions and energy transition policies could significantly influence the continued growth of this sector in France.
