In 2023, the import of compound plasticizers for rubber or plastic to China stood at a significant quantity as a benchmark for subsequent years. Forecasts from 2024 to 2028 suggest a declining trend, with the volume decreasing from 41.541 million kilograms in 2024 to 36.033 million kilograms in 2028. Year-on-year percentage reduction illustrates a gradual, steady decline. Over the five-year forecast period, the compound annual growth rate (CAGR) reveals a consistent average annual decrease.
Future trends to watch for include China's domestic production capabilities, changes in demand driven by environmental policies, technological advancements, and economic conditions affecting international trade dynamics.
