IDEX India Products for Chemical Industry | Agrochemicals | Polymer Consumption | Emerging Player

Chemical Industry

India is 6th largest chemical producer growing at 13% CAGR among the highest globally. Currently, 3rd in agrochemicals production & polymer consumption and an emerging player in specialty chemicals


IDEX India Products for Chemical Industry

Key Drivers:
  • Emerging Manufacturing Hubs (PCPIR): Petroleum, Chemicals and Petrochemicals Investment Regions (PCPIR) policy to build dedicated integrated manufacturing hubs with $15 Bn already invested
  • Disinfectant Requirement post COVID-19: India’s chloro-alkali, ethanol, personal care, surfactant industry segments to grow with rising needs for disinfestation of personal and public places
  • Market Potential: Large domestic consumer markets for chemicals with current chemicals’ consumption per capita 1/10th of global
  • Foreign Investment: 100% FDI In the chemicals sector, strong laws on anti-dumping to further promote domestic manufacturing industry. Global giants BASF, Dow Chemicals, Bayer etc. have presence in India in manufacturing
  • Skilled manpower, low cost labor among major global economies, world-class engineering, and strong R&D set-up enabling chemicals industries
  • Growing End use Industries: Increasing demand from packaging, construction and automotive industry for specialty chemicals growing at 14% CAGR
  • Metals & Mining: Aluminum demand is rapidly growing as its use is diversified and has wide applications in various areas such as transport, building and architectural sectors, packaging, consumer durables, etc.
Chemicals Industry Inner1
Chemicals Industry Inner2

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