The import volume of epoxides, epoxy-alcohols, phenols, and ethers to India is forecasted to grow steadily from 2.4402 million kilograms in 2024 to 2.8695 million kilograms in 2028. This represents a year-on-year growth rate of approximately 4.5% from 2024 to 2028. The compounded annual growth rate (CAGR) over these five years is expected to be around 4.1%. As of 2023, the import stood at around 2.35 million kilograms. The consistent growth indicates a rising demand for these chemicals, potentially driven by industrial and manufacturing needs.
Future trends to watch for include potential shifts in global supply chains, changes in regulatory policies regarding chemical imports, and advancements in domestic production capabilities. These factors could influence the import dynamics and overall market demand.
