The forecast for the import of Polymethyl Methacrylate (PMMA) to India from 2024 to 2028 indicates a steady growth. Starting at $102.28 million in 2024, the value is projected to increase consistently, reaching $120.39 million in 2028. The period sees year-on-year growth rates accelerating from approximately 4.57% in the initial years to around 3.78% towards the end. Notably, the 5-year compound annual growth rate (CAGR) is approximately 4.1%. For context, in 2023, the import value stood at $98 million, highlighting substantial annual increases.
Future trends to watch include fluctuations in global PMMA supply chains, advancements in manufacturing technologies driving costs, and the growing demand from automotive and construction sectors that could influence import volumes and values significantly.
