In 2023, the consumption of blended biodiesels in the iron and steel sectors in France stood at its actual value, setting a baseline for comparisons. From 2024 through 2028, the forecast data shows a steady year-on-year increase of about 4.17% from 2024 to 2025, and from 2025 to 2026 another 4% rise is expected. However, the period forecast from 2026 to 2027 reveals stability, with consumption remaining constant through 2028.
The Compound Annual Growth Rate (CAGR) across the five years projects an average annual growth rate of approximately 3.92%.
Key trends to watch include:
- Potential policy changes supporting renewable energy use in industrial sectors.
- Technological advancements in biodiesel production and cost-efficiency improvements.
- Shifts in governmental and industrial commitment to sustainability, affecting demand stability post-2026.