In 2023, the import of activated carbon and related products to India stood at 86.5 million USD. As of 2024, forecasted data predicts a steady increase in import values up to 102.23 million USD by 2028, reflecting a strong growth trend. Notably, the year-on-year growth from 2024 to 2028 is roughly 3.7%, indicative of India's increasing demand for these products. The compound annual growth rate (CAGR) over this five-year period is approximately 3.8%.
Looking ahead, key trends to watch include advancements in technology that could further boost the effective use of such materials in various industries, as well as India's environmental policies which may impact import volumes and values. Potential supply chain disruptions and global trade agreements are other factors worth monitoring.
