The import of Acrylonitrile-Butadiene Rubber (NBR) to India is forecasted to increase steadily from 49.869 million kilograms in 2024 to 56.322 million kilograms in 2028. This represents a consistent year-on-year growth, indicating a robust demand for NBR over the forecast period. In 2023, the actual import stood at approximately 48 million kilograms.
Future trends to watch for include:
- The impact of global supply chain dynamics on NBR availability and pricing.
- The influence of emerging technologies and substitutes on NBR demand.
- Environmental regulations affecting production and consumption practices.
- Market expansion in sectors like automotive, healthcare, and industrial applications fueling demand.