The import of adhesives based on rubber or plastic to India is forecasted to grow steadily from 33.984 million kilograms in 2024 to 39.51 million kilograms by 2028. This indicates a consistent increase over the years, with a notable year-on-year growth percentage of approximately 3.6% between 2024 to 2028.

In 2023, the import stood slightly below the 2024 forecast, indicating that there's a sustained demand, reflecting economic growth within the industrial and construction sectors. Over the five-year period, the compound annual growth rate (CAGR) is estimated to be around 3.8% per annum, demonstrating a positive trend and growing import demand.

Future trends to watch for include:

Potential shifts in demand due to changes in manufacturing technologies or environmental regulations.
Impact of potential trade policies affecting import volumes and costs.
Development in local production capacities which could alter import dependency.