The forecast for the import of Styrene-Butadiene Rubber (SBR/XSBR) to India from 2024 to 2028 shows a gradual decline. In 2023, the volume stood at a certain level, and each subsequent year until 2028, the imports are expected to decrease slightly. From 2024 to 2025, the reduction is approximately 0.74%, and a similar trend continues through 2028. The five-year CAGR indicates an annual average decrease in import volume, signifying a consistent negative trend.

Future trends to watch for:

Potential shifts in domestic production capabilities of SBR/XSBR.
Economic factors impacting demand in key industries such as automotive and manufacturing.
Import policy changes impacting the cost-effectiveness of foreign SBR/XSBR supplies.
Technological advancements that may alter the demand for SBR/XSBR products.