In 2023, the import of naphthols to India stood at 21.1 million kilograms. Moving to forecasts, imports are expected to reach 21.669 million kilograms in 2024, increasing to 22.276 million kilograms in 2025. This shows a steady climb, reaching 24.027 million kilograms by 2028. Over the last two years, this reveals a year-on-year growth variation, leading to a compound annual growth rate (CAGR) of approximately 2.51% from 2024 to 2028.
Future trends to watch for include potential shifts in global naphthol supply chains, changing demands in downstream industries, and impacts of India’s economic policies concerning import regulation and local production incentives. Environmental regulations affecting chemical manufacturing may also influence import dynamics.
