India 5-Isopropyl-m-Xylene Market Outlook

india is one of the most prominent producers of 5-isopropyl-m-xylene, a chemical compound used in the manufacture of paints, coatings, adhesives, sealants, foams and plastics as well as a number of other products. the indian market is the fourth-largest consumer of 5-isopropyl-m-xylene in the world after the us, china and germany. due to the presence of strong national and local production capacities, the country has the potential to meet the growing demand for the chemical in the near future. the current price trend for 5-isopropyl-m-xylene in india is expected to remain stable throughout 2018-2032. the price has been declining over the years due to ample supply and stable demand. although the price is expected to remain steady in the near future, there is a chance of price volatility depending on market conditions. in terms of supplier availability, india is expected to have good access to world-class 5-isopropyl-m-xylene suppliers over the next decade. the country’s petrochemical industry is robust due to its large network of chemical companies and the presence of leading players such as reliance industries limited, lg polymers india ltd., asian paints ltd. and basf india pvt. ltd. in terms of international trade, india imported more than $1.5 million worth of 5-isopropyl-m-xylene in 2017, primarily from china. in 2018, exports grew by more than 12 percent from the previous year’s figure. india is likely to continue to be an important source for 5-isopropyl-m-xylene in global markets in the coming years. overall, the market outlook for 5-isopropyl-m-xylene in india is expected to remain positive over the next decade. the country has access to world-class suppliers and is likely to continue to be a major player in international trade. the price trend for the chemical is also expected to remain stable in the near future.