The chemical and petrochemical sector in France shows a steady increase in the final consumption of heat from 2024 onwards, with forecasted values rising from 1.06 in 2024 to 1.19 million tonnes of oil equivalent by 2028. Year-on-year growth rates indicate a consistent upward trend of approximately 2.7% annually. With data from 2023 being the baseline, the compound annual growth rate (CAGR) over the next five years is indicative of sustained growth in this sector.
Future trends to watch for include:
- Regulatory changes impacting the sector.
- Technological advancements in energy efficiency.
- Shifts in global oil markets influencing demand and consumption.
- Impact of environmental policies on heat consumption patterns.
