India Polyacetal Market Overview

India Polyacetal Market Overview

India is an emerging market for engineering plastics and is a major importer of several engineering plastics. The country is a net importer of polyacetal and had an estimated Polyacetal market of 37 kilo tons in 2016 which is further anticipated to reach 58 kilo tons by 2025.

India’s manufacturing sector holds a significant position in the Indian economy. Existing automotive market players are expanding their capabilities or investing into new manufacturing capacities. With an aim to increase production, not only to meet domestic demand, but to serve the global markets,the need for high standard and efficient plants is a must.

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