The import of Styrene-Acrylonitrile (SAN) Copolymers to India shows a steady forecasted increase from 2024 to 2028, growing from 11.749 million kilograms in 2024 to 13.267 million kilograms in 2028. This indicates rising demand in India, assuming no major market disruptions. Comparing the 2023 import figures with these projections would provide clarity on annual growth, but current data suggest a consistent upward trend with positive year-on-year percentage increases.
Future trends to watch:
- Potential impact of environmental regulations on polymer imports.
- Technological advances in SAN production locally that could affect import dependency.
- Fluctuations in global crude oil prices impacting the raw material costs for SAN production.
