The forecast for India's import of Pentaerythritol shows a progressive year-on-year increase from 2024 to 2028, reaching $46.467 million by the end of 2028. This trend represents a compound annual growth rate (CAGR) over the period of approximately 2.91%. As of 2023, the import value stood at $39.96 million, indicating a steady growth trajectory in future imports.
Key trends to watch moving forward include:
- Potential shifts in supply chain dynamics affecting raw material availability.
- Changes in regulatory policies which could impact import levels.
- Rising domestic demand for paint, coating, and adhesive industries that predominantly drive Pentaerythritol use.
