The import volume of sheet or film non-cellular and not reinforced of polyvinyl butyral to India is projected to grow steadily from 2024 to 2028. In 2023, imports stood at 13 million kilograms. The forecast indicates a continued increase, reaching 15.447 million kilograms by 2028. The year-on-year variation shows average growth rates of 3.77% from 2024 to 2025 and 3.56% from 2025 to 2026. The compound annual growth rate (CAGR) over the five years until 2028 is forecasted to be around 3.6%, reflecting a consistent upward trend.
Future trends to watch for include:
- Market demand shifts driven by technological advancements in the applications of polyvinyl butyral.
- Policy changes and environmental regulations affecting import dynamics.
- Impact of economic factors and currency fluctuations on import costs.