The import of Butadiene Rubber (BR) to India in 2023 was approximately at a stable level, preceding the forecast period starting from 2024. From 2024 to 2028, the annual import value is projected to rise steadily, moving from $239.55 million in 2024 to $270.68 million by 2028. This represents a compound annual growth rate (CAGR) of around 3% over this five-year period, indicating a consistent upward trajectory in import demand.
Future trends to watch for may include potential shifts in global trade policies affecting import activities, technological advancements in synthetic rubber production influencing domestic supply capabilities, and fluctuating demand from key industries such as automotive and footwear manufacturing that heavily rely on Butadiene Rubber (BR).
