In 2023, the import value of Styrene-Acrylonitrile (SAN) Copolymers to India stood at approximately US$20 million. The forecast from 2024 to 2028 shows a steady increase in imports, starting from US$21.135 million in 2024 to US$24.031 million by 2028. This indicates a consistent upward trend with a compound annual growth rate (CAGR) of approximately 3% over these five years.

Future trends to watch for:

Rising domestic demand for SAN Copolymers driven by expanding industries like automotive, electronics, and consumer goods.
Potential impacts of trade policies and fluctuations in global crude oil prices on import costs.
Technological advancements that may influence product applications and import dynamics.
Increasing environmental regulations potentially affecting manufacturing processes and materials sourced internationally.