Forecast: Import of Rosin and Resin Acids to India

The import of Rosin and Resin Acids to India is projected to steadily increase from 2024 through 2028. The forecast values in million kilograms are as follows: 46.894 in 2024, 47.46 in 2025, 48.016 in 2026, 48.56 in 2027, and 49.093 in 2028. This trend reflects a consistent year-on-year growth.

Estimating from the consistent figures reported, these imports are likely to experience an approximate CAGR of 1.16% over the five-year period. Such growth suggests a moderately increasing demand for these chemical products in the Indian market.

Future trends to watch include:

  • Potential shifts in supply chains due to geopolitical factors or trade agreements.
  • Technological advancements in substitutes or innovations affecting rosin and resin acids demand.
  • Changes in regulations impacting imports and domestic production dynamics.

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