Based on the forecast, the import of Carboxymethylcellulose and its salts to India is expected to grow gradually from 2024 to 2028. The volume is forecasted to increase from 15.351 million kilograms in 2024 to 17.745 million kilograms in 2028. In 2023, the import stood at 14.736 million kilograms, indicating a steady growth trajectory.

The year-on-year growth is approximately 4-5%. The compound annual growth rate (CAGR) for the period 2024 to 2028 is around 3.66%. This consistent increase suggests a stable demand in India.

Future trends to watch for:

Changes in the industrial sectors utilizing Carboxymethylcellulose, such as food and beverage, pharmaceuticals, and cosmetics.
Potential shifts towards local production versus imports due to changes in government policies or economic factors.
Technological advancements that could affect supply chain efficiency and product demand.