The forecast for the import of epoxide resins to India shows a consistent upward trend from 2024 to 2028. In 2023, the import value was $182.09 million USD, marking a steady growth path. From 2024 through 2028, the year-on-year import value increases by an average of approximately 2.8% annually, reflecting steady demand in the market.
Future trends to watch for:
- The increasing application of epoxide resins in key sectors like automotive, electronics, and construction could drive demand further.
- Technological advancements in the production of epoxide resins may impact both import volumes and pricing.
- The influence of policy changes and trade agreements within Asia, which could alter import dynamics.