In 2023, the import of Methacrylic Acid Esters to India was valued at 214 million USD. Between 2024 and 2028, imports are expected to steadily increase with a Compound Annual Growth Rate (CAGR) of approximately 4.24%. From 2024 to 2025, the projected year-on-year increase is about 4.34%, continuing with similar growth through the subsequent years, reflecting consistent demand and possibly an expansion in domestic applications for these esters.
Future trends to watch include technological advancements in acrylic products, shifts in global supply chain dynamics, regulatory changes impacting chemical imports, and India's economic policies affecting import tariffs and negotiations. Fluctuations in crude oil prices may also impact costs due to methacrylic acid esters' petrochemical basis.
