The import of diols, except ethylene and propylene glycol, to India is forecasted to increase from $95.523 million in 2024 to $110.08 million by 2028. In 2023, the value stood at approximately $92 million, indicating a steady uptrend. Year-on-year growth from 2024 to 2028 shows increasing percentages, reflecting strong market demand and product diversification. Over the five-year period, the compound annual growth rate (CAGR) suggests consistent expansion in the sector.
Future trends to monitor include the influence of global supply chain dynamics, potential trade policy changes, and rising applications in emerging technologies that could drive further demand growth for specialized diols in India.
