The import of polysulphides and polysulphones to India was 72.601 million USD in 2023. The forecast for 2024 indicates a value of 76.276 million USD, suggesting a year-on-year growth of 5.1%. This upward trend is expected to continue, with year-on-year growth rates of approximately 4.2% to 4.5% through 2028. The compound annual growth rate (CAGR) for the period spanning 2024 to 2028 is projected at 3.9%, indicating sustained demand and import growth.
Future trends to watch for include:
- Potential impact of global supply chain disruptions on import volumes.
- Influence of domestic manufacturing policies on import necessity.
- Technological advancements expanding the application of these chemicals.
- Shifts in trade policies and tariffs affecting cost structures.
