The import of diols (except ethylene and propylene glycol) to India shows a consistent upward trend from 2024 to 2028, starting at 58.209 million kilograms in 2024 and reaching 67.505 million kilograms by 2028. This represents a compound annual growth rate (CAGR) of approximately 3.7% over the forecast period. In 2023, actual imports stood at a lower level, indicating a robust growth momentum fueled by industrial demand and supply chain strategies.
Future trends to watch for:
- Technological advancements in production influencing import needs.
- Regulatory changes impacting chemical imports.
- Economic factors, including currency fluctuations and trade policies.
- Environmental sustainability practices driving alternative solutions.
