The imported volume of Resorcinol to India is set to increase steadily, from 6.0365 million kilograms in 2024 to 6.8149 million kilograms in 2028. This represents a compound annual growth rate (CAGR) of around 3%. The trend indicates a consistent year-on-year growth in demand and reliance on imports.
Future trends to watch for:
- Overall growth in India's chemical industry could affect Resorcinol demand.
- Advancements in local production capacities might alter import needs.
- Global trade policies and logistics could impact the import landscape.