The industrial gases production in France stood at 5.0 billion cubic meters in 2023. According to forecasts, production is expected to increase from 5.1757 billion cubic meters in 2024 to 5.8374 billion cubic meters by 2028. The year-on-year growth rates from 2024 to 2028 are approximately as follows:
- 2024 to 2025: +3.24%
- 2025 to 2026: +3.11%
- 2026 to 2027: +2.99%
- 2027 to 2028: +2.88%
Overall, the compound annual growth rate (CAGR) from 2024 to 2028 is around 3.05%.
Future trends to watch for in the industry include advancements in technology for gas production, increased demand in industrial applications, and the impact of environmental regulations aiming for reduced emissions affecting production processes and costs.
