Forecast: Import of Acrylic Polymers to India

The forecast for the import of acrylic polymers to India shows a steady year-on-year growth from 2024 to 2028. Starting from $809.79 million in 2024, the import value is expected to reach $949.05 million by 2028, reflecting strong growth. Notably, from 2023, where the import value was $774 million, there is an anticipated annual increase, initially at 4.6% for 2024 and subsequently averaging approximately 4.0% annually until 2028. The compound annual growth rate (CAGR) over this five-year period is projected to be 4.2%.

Future trends to watch include:

  • Potential impact of domestic production capabilities on import demand.
  • Changes in international trade policies and their effect on import efficiency and cost.
  • Technological advancements in acrylic polymer applications driving higher demand.
  • Fluctuations in global raw material prices that could affect overall import costs and volumes.

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