The forecasted heat final consumption in the chemical and petrochemical sectors in France shows a steady increase from 1.03 Million Tonnes of Oil Equivalent (MTOE) in 2024 to 1.11 MTOE in 2028. Considering the last actual data of 1.01 MTOE in 2023, the year-on-year growth rate begins at approximately 1.98% from 2023 to 2024 and maintains a consistent trend, peaking near 1.90% annually between 2024 and 2028. The compound annual growth rate (CAGR) over these forecast years is around 1.90%, reflecting a stable upward trend.
Future trends to monitor include:
- The impact of regulatory changes in emissions and energy efficiency on the sector.
- Technological advancements in sustainable heat recovery and usage.
- Potential shifts in global energy prices affecting production costs and competitiveness.
- Continued innovation in alternative energy sources that could influence traditional consumption patterns.
