In 2023, US imports of cyclan-, cyclen-, and cycloterpen-poly-carboxylic acids were recorded at 9.45 million kilograms. Forecasted data for 2024 indicates an increase to 9.586 million kilograms, representing a moderate growth trend. Looking ahead to 2025, import volumes are expected to rise further, reaching 9.7184 million kilograms, and continuing to grow steadily through 2028, when they are projected to reach 10.1 million kilograms. The compound annual growth rate (CAGR) from 2024 to 2028 is projected to be approximately 1.33%, signifying a consistent, albeit slow, upward trend.
Future trends to watch for include:
- Potential shifts in global supply chain dynamics, influencing import volumes.
- Changes in US domestic demand for poly-carboxylic acids due to industrial growth or regulatory changes.
- The impact of technological advancements on production efficiency, which could affect import needs.
- Environmental policies and sustainability trends impacting production and consumption patterns.
