The import of Isobutene-Isoprene (Butyl) Rubber (IIR) to India is projected to gradually increase from $132.36 million in 2024 to $134.38 million by 2028. From 2023 data, which establishes the basis of this trend, the forecast indicates a compounded annual growth rate (CAGR) that demonstrates modest incremental growth. The year-on-year growth trend remains slightly upward, illustrating steady demand over the forecast period. This incremental rise reflects a consistent market demand recovery and supply chain stabilization following previous disruptions.

Key trends to watch include:

Potential shifts in global supply and demand due to geopolitical changes or disruptions.
Technological advancements in the rubber industry that may impact production and supply chains.
Policy changes in India regarding import tariffs and regulations affecting the rubber industry.