In 2023, the import of Aluminium Powders of Non-Lamellar Structure to India stood at 13.209 million US dollars. Forecast data indicates gradual growth with year-on-year increases from 2024 to 2028, showcasing a steady rise. For instance, the projected increase from 2024 to 2025 is approximately 4.8%, and from 2025 to 2026 it is about 4.5%. Over the five-year forecast period (2024-2028), the Compound Annual Growth Rate (CAGR) is expected to be around 4.3%.
Future trends to watch for include:
- Potential impact of technological advancements in production efficiencies.
- Changes in policies affecting import tariffs and trade agreements.
- Global economic conditions that may affect the demand for aluminium powders.
