The forecast for the import of acrylic polymers to India shows a steady increase from 2024 to 2028, with values rising from 295.71 million kilograms in 2024 to 348.85 million kilograms in 2028. This trend indicates a consistent year-on-year growth in volume. In 2023, the actual import volume might have been slightly lower, suggesting an upward trajectory beginning in 2024. The compound annual growth rate (CAGR) over these five years points towards an average increase around 4% per year, signaling solid demand growth for acrylic polymers in India post-2023.
Future trends to watch for include potential disruptions in global trade dynamics, evolving regulations around polymer uses, and increasing domestic production capabilities which could affect import levels. Sustainability and technological advancements in polymer processing may also drive changes in import patterns.
