The import of glues based on starches or modified starches to India is projected to steadily increase from 2024 through 2028. Starting at $2.4 million in 2024, the value rises to approximately $2.7 million by 2028. This reflects a compound annual growth rate (CAGR) of roughly 3.1%, indicating a consistent upward trend in import value. Although actual figures for 2023 are not provided, the forecasted CAGR suggests a continuation of previous growth patterns.
- Future trends to watch for include changes in industrial demand, evolving environmental regulations that may affect starch-based products, and potential shifts in supply chain dynamics influenced by global economic conditions.