Forecast: Import of Compound Plasticisers for Rubber or Plastic to India

The import of compound plasticisers for rubber or plastic to India is set to decrease steadily from 2024 to 2028, starting at 9.5604 million kilograms in 2024 and declining to 9.2883 million kilograms in 2028. This indicates a negative trend year-on-year, reflecting a decreasing demand or possible shifts towards domestic production or alternative materials. The compound annual growth rate (CAGR) from 2024 to 2028 highlights an average annual decline.

Future trends to watch for include:

  • Shifts in manufacturing processes adopting alternative materials that reduce dependency on compound plasticisers.
  • Policy changes impacting import duties or encouraging local sourcing.
  • Technological advancements that may influence the production and efficiency of plasticiser usage.

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