Forecast: Import of Sheet or Film Non-Cellular and Not Reinforced of Unsaturated Polyesters to India

By 2023, India imported 2.07 million kilograms of sheet or film non-cellular material not reinforced with unsaturated polyesters. 2024 marked the start of a steady upward trajectory, with imports projected to rise to 2.3822 million kilograms by 2028. This represents a year-on-year increase of approximately 3% annually, with the compound annual growth rate (CAGR) over the five years reaching an estimated 2.89%. This consistent growth is indicative of a strong demand for these materials, likely driven by industrial applications and market expansion.

Future trends to watch for:

  • Technological advancements that could drive demand for specialized polyester films.
  • Potential government policies promoting local production could impact import volumes.
  • Economic factors influencing industrial growth in sectors utilizing polyester sheets or films.

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