The treatment and coating of metals production value in France experienced several fluctuations between 2013 and 2023. Starting at 3.14 billion euros in 2013, the value displayed moderate growth interspersed with periods of decline, reaching 3.78 billion euros in 2023—a 1.62% increase from the previous year. The most notable annual increase occurred in 2017 with a 14.54% rise. However, the sector saw a significant drop in 2020 at -6.22% during the pandemic, followed by a recovery phase that stabilized by 2023. From 2019 to 2023, the average annual growth rate (CAGR) was 1.16%.
Forecasts from 2024 to 2028 project a steady increase in the production value, anticipated to reach 4.07 billion euros by 2028. This reflects an average annual growth rate of 1.18% over the five-year forecast period, indicating moderate but consistent growth.
Future trends to watch for include:
- Technological advancements in metal treatments and coatings that can drive efficiency and reduce costs.
- Environmental regulations impacting production processes and the adoption of more sustainable practices.
- Market demand shifts in response to changes in downstream industries such as construction, automotive, and aerospace.
- Global economic conditions and the potential impact on export markets.