In 2023, the import of Monobutyl Ethers of Ethylene and Diethylene Glycol to India was recorded at approximately 38 million kilograms. The forecast data for 2024 indicates a projected import volume of 39.567 million kilograms, marking a year-on-year increase of about 4.1%. The predicted imports continue to rise steadily over the subsequent years, reaching 45.698 million kilograms by 2028, illustrating a moderate CAGR of approximately 4%.
Future trends to watch for include:
- Potential shifts in industrial demand due to changes in the automotive and manufacturing sectors.
- Potential regulatory changes affecting chemical imports and usage in India.
- Economic factors influencing India's trade policy and foreign exchange rates that could impact import volume and costs.