The forecast data indicates a steady increase in the import of pigments based on zinc sulphide and lithophone to India from 2024 to 2028. The values are projected to grow year-on-year, with imports rising from 4.4888 million USD in 2024 to 4.927 million USD by 2028. This represents an annual growth rate of approximately 2.4% over these five years, suggesting a stable upward trend in demand for these pigments.
Future trends to watch for include:
- Potential shifts in global pigment supply chains that could impact import costs.
- Developments in domestic production capabilities that may influence import dependence.
- Changes in industry regulations or environmental standards impacting pigment usage.