Dhrub Thakur | Company Secretary - Head Legal Compliance | Maier+Vidorno Updated in September 2017 India is the seventh largest producer of chemicals worldwide and third largest producer in Asia. The country’s chemical sector in 2016 accounted to $139 billion and is expected to grow to $403 [...]
By contributing around 3% to India’s GDP the Indian Chemical Industry is one of the most important contributors to the country’s economic development. In terms of domestic production and exports, the Indian chemical sector is ranked 3rd in Asia and 7th in the world. The Industry is divided into several [...]
The Indian Chemical Industry aims to double its share in global chemical industry to 5%-6% by 2021. Growing at 9%, the industry has enormous growth potential. India is one of the top five producers of agrochemicals, polymers and plastics, dyes and various organic and inorganic chemicals in the world. The [...]
The Indian Chemical Industry, with highly diversified chemicals, is currently worth $147 billion. Contributing to 15% of India’s manufacturing GDP, the industry is critical to the country’s economic development and has a potential to grow to $226 billion by 2020. Presently, the Indian Chemical Industry is accounted for 3% of [...]
Since the Chemical Industry is providing material to almost every other industry, it is an essential part of every economy which is also the case for India. The Indian Chemical sector is well-established and the 3rd largest producer of Chemicals in Asia. The Government of India wants to increase the [...]
India is the third largest producer of Chemicals and Petrochemicals in Asia and the eighth largest in the world. For now the market is estimated to account for a volume of $100 billion. As China’s Industry for Specialty Chemicals is declining at the moment, India is likely to benefit from [...]
Guest author: Tanish Dadhania | Regional Sales Manager - West India | SIMONA AG Chemical Industry is one of the oldest industries in India, which contributes significantly towards the industrial and economic growth of the nation. Since this industry has numerous forward and backward linkages, it is called the backbone of the [...]
Guest author: Ranjan Baruah | Independent Consultant Specialty Chemicals are a group of “relatively high-value low volume chemicals, known for its end-use performance-enhancing applications”. They are recognized for “what they do” rather than “what they are” as in the case of Basic Chemicals. They provide “solutions “to customer applications, are [...]
India is the third largest producer of chemicals in Asia. The market volume of the sector is estimated at US $ 118 billion. In the financial year 2014-15, the Indian chemical industry has contributed 7% to GDP and 13% to the Indian industrial production. Increasing urbanization and per capita disposable [...]
According to IBEF, the Indian chemical industry stands as the third largest producer in Asia and 12th in world, in terms of market volume. This industry could grow at 14% per annum from USD 160 billion in 2013 to reach a size of USD 350 billion by 2021. However, is [...]
