Forecast: Import of Alkyd Resins to India

The import of alkyd resins to India is predicted to rise steadily from 2.2579 million kilograms in 2024 to 2.6475 million kilograms by 2028. This reflects a consistent year-on-year growth driven by demand in industries like coatings and construction. By 2028, there would have been a progressive increase across the forecasted years. In 2023, the import volume stood at 2.1575 million kilograms, indicating a strong growth outlook beginning from this baseline.

Future trends to watch for include:

  • Economic shifts within India's construction and manufacturing sectors affecting resin demand.
  • Technological advancements in resin formulations that could drive import variations.
  • Trade policy adjustments influencing the import dynamics.

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