The import forecast of unsaturated polyesters to India suggests a consistent growth trajectory from 2024 to 2028. The projected values show an increase from $97.8 million in 2024 to $107.76 million in 2028. This indicates a year-on-year increase of around 2.6% to 2.9%, pointing to a steady demand in the market. Assuming the imports stood at a lower level in 2023, these projections reflect a healthy growth rate, with a Compound Annual Growth Rate (CAGR) of approximately 2.5% over the five-year period.
Future trends to watch for include shifts in global supply chain dynamics, fluctuations in raw material costs, and the influence of environmental regulations, which may impact demand and profitability in the polyester industry.
