The import of non-aqueous acrylic or vinyl polymer paint or varnish to India is projected to grow steadily from 2024 to 2028, with values increasing from $68.439 million in 2024 to $78.329 million in 2028. Assuming the actual import value for 2023 was about $66 million, the year-on-year growth rate for 2024 is approximately 3.7%. The following years see an average annual growth rate around 3.5%. The compound annual growth rate (CAGR) over these five years is estimated to be roughly 3.6%, indicating a stable upward trend in import demand.

Future trends to watch for include:

Potential shifts in global raw material availability affecting prices.
India's economic and construction sector growth driving increased demand.
Emerging environmental regulations that could alter demand or product specifications.