The import of polyurethanes to India is projected to increase steadily from 2024 to 2028, starting at $463.53 million and reaching $548.44 million. In 2023, the import value stood at $442 million, reflecting consistent growth. The year-on-year growth rates illustrate a persistent upward trajectory, with a Compound Annual Growth Rate (CAGR) of approximately 4.2% over the five years, showing strong demand and economic activity in related sectors.

Future trends to watch for:

Advancements in polyurethane applications across automotive, construction, and electronics.
Government policies affecting import dynamics and domestic production.
Potential global supply chain disruptions influencing import volumes.