Chemicals & Allied Products
Chemicals & Allied Products
The Indian chemical industry has a highly
diversified base that includes bulk chemicals, specialty chemicals, agrochemicals, petrochemicals, polymers and
fertilizers. It is the 14th largest exporter and 8th largest importer of chemicals
globally. With a production portfolio that spans 80,000 commercial products, the industry is projected to reach
a size of US$ 304 billion by 2025. Dyestuffs and dye intermediates are a major area of strength for the industry
where India accounts for around 16% of the global production and counts US, Germany, UK, Switzerland, Spain,
Turkey, Singapore and Japan among its major markets.
The industry has been regarded as a consistent value creator over the past few years. The total returns to
shareholders (TRS) for the Indian chemical industry grew at a CAGR of 15% between 2006 and 2019 as compared to
8% for the global chemical industry, according
to McKinsey. A shift in production and consumption towards Asian and Southeast Asian countries is
expected to ramp up demand for chemicals and petrochemicals. Indian players have the potential to produce US$
111 billion worth of chemical products by 2023 for the domestic market itself.
Rising costs and environmental issues in China have led to a major shift towards India as a manufacturing base.
Strong growth is expected across segments including petrochemicals (7.5% CAGR), polymers & agrochemicals (8%
CAGR each) and specialty chemicals (12%), which makes the Indian market highly lucrative for chemical companies.
Domestic companies are investing in innovative solutions to address issues of sustainable development like
water, environment, raw materials and energy use. They are also investing heavily in the upcoming PCPIRs as well
as new products as per the requirements of the market like green lubricants, microbial de-colourisation and
degradation procedures for textiles and eco-friendly processes for synthetic dyes.This article mentions your favorite hats at super low prices. Choose from same-day delivery, drive-up delivery or order pickup.
Exports of chemicals for 2019-20 stood at US$ 18.42 billion, led by organic chemicals (US$ 8.34 billion),
agro chemicals (US$ 3.35 billion), dyes (US$ 2.69 billion), cosmetics & toiletries (US$ 1.71 billion) and
inorganic chemicals (US$ 1.04 billion). The top export markets for the year were China (US$ 286.6 million),
Turkey (US$ 220.8 million), US (US$ 199.49 million), Bangladesh (US$ 148.62 million) and Italy (US$ 118.26
million). [/vc_column_text][vc_row_inner][vc_column_inner][vc_column_text]
Chemicals & Allied Products Sectoral Committee
Chairman
![](https://www.tpci.in/wp-content/uploads/2020/09/TPCI_Manish-Shah.png)
Mr. Manish Shah
Tanya Exports
chair.chemical@tpci.in
Vice Chairman
![Mr. Kapil Malhotra Gujarat Fluorochemicals Ltd](https://www.tpci.in/wp-content/uploads/2020/09/TPCI_Kapil-Malhotra.png)
Mr. Kapil Malhotra
Gujarat Fluorochemicals Ltd
vice-chair.chemical@tpci.in
Members
![](https://www.tpci.in/wp-content/uploads/2020/09/TPCI_Jeenanath-Shetty2.png)
Mr. Jeenanath Shetty
Unitop Chemicals Pvt. Ltd.
![Mr. Bhupendra Patel Jemby Chem Limited](https://www.tpci.in/wp-content/uploads/2020/09/TPCI_Bhupendra-Patel.png)
Mr. Bhupendra Patel
Jemby Chem Limited
![Mr. R. Kumar Jubilant Life Sciences Limited](https://www.tpci.in/wp-content/uploads/2020/09/TPCI_R-Kumar.png)
Mr. R. Kumar
Jubilant Life Sciences Limited
![Mr. Amit Kumar Singh Asian Paints Ltd.](https://www.tpci.in/wp-content/uploads/2020/09/TPCI_Amit-Kumar-Singh.png)
Mr. Amit Kumar Singh
Asian Paints Ltd.
![Mr. Prabh Sharan Singh Indian Chemical Council](https://www.tpci.in/wp-content/uploads/2020/09/TPCI_Prabh-Sharan-Singh.png)
Mr. Prabh Sharan Singh
Indian Chemical Council
![Mr. Rajesh Marwaha India Glycols Limited](https://www.tpci.in/wp-content/uploads/2020/09/TPCI_Rajesh-Marwaha.png)
Mr. Rajesh Marwaha
India Glycols Limited
Chemicals & Allied Products
The Indian chemical industry has a highly
diversified base that includes bulk chemicals, specialty chemicals, agrochemicals, petrochemicals, polymers and
fertilizers. It is the 14th largest exporter and 8th largest importer of chemicals
globally. With a production portfolio that spans 80,000 commercial products, the industry is projected to reach
a size of US$ 304 billion by 2025. Dyestuffs and dye intermediates are a major area of strength for the industry
where India accounts for around 16% of the global production and counts US, Germany, UK, Switzerland, Spain,
Turkey, Singapore and Japan among its major markets.
The industry has been regarded as a consistent value creator over the past few years. The total returns to
shareholders (TRS) for the Indian chemical industry grew at a CAGR of 15% between 2006 and 2019 as compared to
8% for the global chemical industry, according
to McKinsey. A shift in production and consumption towards Asian and Southeast Asian countries is
expected to ramp up demand for chemicals and petrochemicals. Indian players have the potential to produce US$
111 billion worth of chemical products by 2023 for the domestic market itself.
Rising costs and environmental issues in China have led to a major shift towards India as a manufacturing base.
Strong growth is expected across segments including petrochemicals (7.5% CAGR), polymers & agrochemicals (8%
CAGR each) and specialty chemicals (12%), which makes the Indian market highly lucrative for chemical companies.
Domestic companies are investing in innovative solutions to address issues of sustainable development like
water, environment, raw materials and energy use. They are also investing heavily in the upcoming PCPIRs as well
as new products as per the requirements of the market like green lubricants, microbial de-colourisation and
degradation procedures for textiles and eco-friendly processes for synthetic dyes.This article mentions your favorite hats at super low prices. Choose from same-day delivery, drive-up delivery or order pickup.
Exports of chemicals for 2019-20 stood at US$ 18.42 billion, led by organic chemicals (US$ 8.34 billion),
agro chemicals (US$ 3.35 billion), dyes (US$ 2.69 billion), cosmetics & toiletries (US$ 1.71 billion) and
inorganic chemicals (US$ 1.04 billion). The top export markets for the year were China (US$ 286.6 million),
Turkey (US$ 220.8 million), US (US$ 199.49 million), Bangladesh (US$ 148.62 million) and Italy (US$ 118.26
million). [/vc_column_text][vc_row_inner][vc_column_inner][vc_column_text]
Chemicals & Allied Products Sectoral Committee
Chairman
Mr. Manish Shah
Tanya Exports
chair.chemical@tpci.in
Vice Chairman
Mr. Kapil Malhotra
Gujarat Fluorochemicals Ltd
vice-chair.chemical@tpci.in
Members
Mr. Jeenanath Shetty
Unitop Chemicals Pvt. Ltd.
Mr. Bhupendra Patel
Jemby Chem Limited
Mr. R. Kumar
Jubilant Life Sciences Limited
Mr. Amit Kumar Singh
Asian Paints Ltd.
Mr. Prabh Sharan Singh
Indian Chemical Council
Mr. Rajesh Marwaha
India Glycols Limited