In 2023, the import of alkyd resins to the US stood at approximately 13.1 million kilograms. The forecast from 2024 to 2028 indicates a steady growth in the import volume, starting at 13.444 million kilograms in 2024 and reaching 14.841 million kilograms by 2028. This growth reflects a year-on-year increase in imports, with percentages highlighting consistent upward trends.
- Year-on-year growth is expected to remain strong, with annual increases ranging around 2.5% to 3%.
- The compound annual growth rate (CAGR) for the period is projected at approximately 2.5%.
Future trends to watch include the impact of advancements in sustainable and eco-friendly resin technologies, which could influence import volumes. Monitoring regulatory changes and shifts in market demand due to environmental concerns will be crucial.