In 2023, the import volume of monofilament and rods of ethylene polymers to India was recorded at approximately 2.52 million kilograms. In the 2024 forecast, this figure rises to 2.65 million kilograms, revealing a year-on-year growth rate of 5.2%. Looking ahead, the volume is expected to increase consistently, with projected figures of 2.79 million kilograms in 2025, 2.93 million kilograms in 2026, 3.06 million kilograms in 2027, and 3.19 million kilograms in 2028. These projections indicate a compound annual growth rate (CAGR) of approximately 4.7% from 2024 to 2028.

Future trends to watch for:

Increased demand for ethylene polymer-based products driven by growth in sectors like packaging, agriculture, and construction.
Potential policy changes impacting import tariffs or materials sourcing that may affect market dynamics.
Technological advancements or innovations in polymer production that could shift demand patterns or usage efficiency.