In 2023, India imported exfoliated vermiculite, foamed slag, and expanded minerals amounting to approximately 3.0 million kilograms. The forecasted data suggests a consistent upward trend in imports from 2024 to 2028, with an average growth rate (CAGR) expected around 4.5% annually over this period. This reflects a steady increase in demand driven by construction and industrial applications.
For future trends, factors to watch include:
- Infrastructure development in India, which may drive higher imports.
- Potential shifts toward sustainable and eco-friendly construction materials.
- Global market conditions influencing supply chain dynamics.
