The import of anti-oxidisers and stabilizers for rubber or plastics to India is forecasted to rise steadily from 2024 onwards, with expected imports increasing annually from 61.41 million kilograms in 2024 to 69.364 million kilograms in 2028. This steady growth indicates a compound annual growth rate (CAGR) over the five-year period under observation.
The imports in 2023 stood at a lower volume compared to 2024, demonstrating positive year-on-year growth. From 2024 through 2028, there is a noticeable yearly increase, signaling robust demand for these materials in India's manufacturing and industrial sectors.
Future trends to watch include potential impacts on import volumes from shifts in global commodity prices, changes in regional policies regarding plastic and rubber usage, and advancements in domestic production technologies that could either complement or substitute imported products.
