India’s polymer compound market projected to reach $16.5 billion by FY2031

The Economic Times reports that Crisil calls India the world’s fastest-growing polymer compound market, accounting for 13% of a roughly $75 billion global industry. Crisil projects India’s market will grow from $9.9 billion in calendar 2025 to $16.5 billion by FY2031, with demand from automotive manufacturing, power and telecom cables, and pipelines.