The forecast for the import of polysulphides and polysulphones to India indicates a steady increase from 2024 to 2028. The expected growth rate per annum is consistent, with a year-on-year increase averaging around 4% over the five-year period, highlighting India's growing demand for these chemical compounds.
In 2023, the volume of imports stood at approximately 22.4 million kilograms. With this forecasted trend, India demonstrates a sustainable growth pattern in this sector, signaling a rise in domestic applications and industrial demand for these chemicals.
Future trends to watch for:
- Emergence of new industries or technologies that may impact demand.
- Potential shifts in global supply chain dynamics affecting importation.
- Regulatory changes in India impacting the chemical industry.
