The forecast for the import of alkyd resins to India shows a steady increase from 2024 through 2028. With a starting value of 7.2157 million USD in 2024, the figures indicate a consistent growth trajectory, reaching 8.4397 million USD by 2028. The year-on-year increase demonstrates a rising trend in the demand for imported alkyd resins. From the analysis, the compound annual growth rate (CAGR) over these five years is an average percentage increase annually, highlighting the sector's expanding import activity.

Future trends to watch for include:

Technological advancements in resin formulations could impact import volumes.
Fluctuations in global oil prices may influence production costs and import dependency.
Environmental regulations in India could shift domestic production capabilities or import needs.