Chemical Industry, Chemicals Manufacturers and Exporters in India - IBEF (2022)

Advantage India

Growing
Demand

* Rise in demand from end-user industries such as food processing, personal care and home care is driving development of different segments in India’s specialty chemicals market.

* The domestic chemicals sector's small and medium enterprises are expected to showcase 18-23% revenue growth in FY22, owing to an improvement in domestic demand and higher realisation due to high prices of chemicals.

Chemical Industry, Chemicals Manufacturers and Exporters in India - IBEF (1)

Opportunities

* India’s specialty chemicals companies are expanding their capacities to cater to rising demand from domestic and overseas.

* With global companies seeking to de-risk their supply chains, which are dependent on China, the chemical sector in India has the opportunity for a significant growth.

Chemical Industry, Chemicals Manufacturers and Exporters in India - IBEF (2)

Policy
Support

* The government plans to introduce production-linked incentive (PLI) scheme to promote domestic manufacturing of agrochemicals.

* Under the Union Budget 2022-23 the government allocated Rs. 209 crores (US$ 27.43 million) to the Department of Chemicals and Petrochemicals.

Chemical Industry, Chemicals Manufacturers and Exporters in India - IBEF (3)

Increasing
Investments
and spending

* FDI inflows in the chemicals sector (other than fertilizers) reached US$ 19.09 billion between April 2000 to December 2021.

* In November 2021, Indian Oil Corporation (IOCL) announced plans to invest Rs. 3,681 crore (US$ 495.22 million) to set up India’s first mega-scale maleic anhydride unit for manufacturing high-value specialty chemicals at its Panipat Refinery in Haryana.

Chemical Industry, Chemicals Manufacturers and Exporters in India - IBEF (4)

Snapshot Showcase Infographics Reports

Last updated: Aug, 2022

Chemicals Industry Report Jun, 2022

Introduction

Covering, more than 80,000 commercial products, India’s chemical industry is extremely diversified and can be broadly classified into bulk chemicals, specialty chemicals, agrochemicals, petrochemicals, polymers and fertilisers.

Globally, India is the fourth-largest producer of agrochemicals after the United States, Japan and China. India accounts for ~16% of the world production of dyestuffs and dye intermediates. Indian colorants industry has emerged as a key player with a global market share of ~15%. The country’s chemicals industry is de-licensed, except for few hazardous chemicals. India holds a strong position in exports and imports of chemicals at a global level and ranks 14th in exports and 8th in imports at global level (excluding pharmaceuticals).

The domestic chemicals sector's small and medium enterprises are expected to showcase 18-23% revenue growth in FY22, owing to an improvement in domestic demand and higher realisation due to high prices of chemicals.

India’s proximity to the Middle East, the world’s source of petrochemicals feedstock, enables it to benefit on economies of scale.

Chemical Industry, Chemicals Manufacturers and Exporters in India - IBEF (5)

Markets Size

The Indian chemicals industry stood at US$ 178 billion in 2019 and is expected to reach US$ 304 billion by 2025 registering a CAGR of 9.3%. The demand for chemicals is expected to expand by 9% per annum by 2025. The chemical industry is expected to contribute US$ 300 billion to India’s GDP by 2025.

An investment of Rs. 8 lakh crore (US$ 107.38 billion) is estimated in the Indian chemicals and petrochemicals sector by 2025. The specialty chemicals constitute 22% of the total chemicals and petrochemicals market in India. The demand for specialty chemicals is expected to rise at a 12% CAGR in 2019-22.

Indian manufacturers have recorded a CAGR of 11% in revenue between FY15 and FY21, increasing India’s share in the global specialty chemicals market to 4% from 3%, according to the Crisil report. A revival in domestic demand and robust exports will spur a 50% YoY increase in the CAPEX of specialty chemicals manufacturers in FY22 to Rs. 6,000-6,200 crore (US$ 815-842 million). Revenue growth is likely to be 19-20% YoY in FY22, up from 9-10% in FY21, driven by recovery in domestic demand and higher realisations owing to rising crude oil prices and better exports.

Chemical Industry, Chemicals Manufacturers and Exporters in India - IBEF (6)

Investments and Recent Developments

  • From April 2021-March 2022, exports of organic & inorganic chemicals increased 38.67% YoY to reach US$ 24,313.88 million.
  • In April 2022, chemical production reached 918,629 MT and petrochemical production reached 1,564,215 MT. The production level of chemicals was as follows Soda Ash: 263,867 MT, Caustic, Soda: 282,716 MT, Liquid Chlorine: 205,786 MT, Formaldehyde: 23,233 MT and Pesticides and Insecticides: 22,668 MT.
  • In July 2022, NTPC Renewable Energy Limited (NTPC REL) and Gujarat Alkalies and Chemicals Limited (GACL) signed an MoU to participate in the establishment of India's first commercial-scale Green Ammonia and Green Methanol plants.
  • In November 2021, Indian Oil Corporation (IOCL) announced plans to invest Rs. 3,681 crore (US$ 495.22 million) to set up India’s first mega-scale maleic anhydride unit for manufacturing high-value specialty chemicals at its Panipat Refinery in Haryana.
  • In November 2021, Praj Industries Limited and Indian Oil Corporation inked a memorandum of understanding (MoU) to explore opportunities in the production of alcohol-to-jet (ATJ) fuels, 1G & 2G ethanol, compressed bio-gas (CBG) and related opportunities in the biofuels industry.
  • In November 2021, Coromandel International announced plans to set up 1,650-metric-tonnes-per-day sulphuric acid plant at its fertiliser complex in Visakhapatnam with an investment of Rs. 400 crore (US$ 53.69 million).
  • On September 30, 2021, Prime Minister, Mr. Narendra Modi, inaugurated the CIPET: Institute of Petrochemicals Technology, Jaipur.
  • In October 2021, Nayara Energy announced that it expects 15-20 new integrated petrochemical plants to become operational within the next decade in the country, to meet the rising demand for raw materials used in the plastics and clothing industries.
  • In October 2021, Rosneft, Russia, launched a large-scale petrochemical production development programme in India with investments worth ~US$ 750 million at the current implemented stage.
  • In September 2021, Bharat Petroleum Corporation (BPCL), announced plans to invest US$ 4.05 billion, to improve petrochemical capacity and refining efficiencies over the next five years.
  • The government is planning to hold roadshows in eight overseas markets for the proposed investors’ summit planned in January 2022, with focus on the petrochemicals sector, and is eager to attract investors to its newly launched Petroleum, Chemicals and Petrochemicals Investment Region (PCPIR) near the upcoming crude oil refinery in Pachpadra village (in Barmer district, Rajasthan).
  • In September 2021, Dorf Ketal Chemicals India Pvt. Ltd., a company headquartered in Mumbai, India; and TriBonds Chemical Co., based in Dammam, the Kingdom of Saudi Arabia, have announced a joint venture (JV) to manufacture water specialty chemicals for applications in the Middle East refining and petrochemical industry. The JV will focus on meeting the energy and water management and processing needs of refineries, petrochemicals, fuel additives, plastics, lubricants, oil field chemicals, catalysts and adsorbents.
  • In June 2021, the Rubber Skill Development Council (RSDC) announced that it is expanding its vertical to cover the chemicals and petrochemicals sectors and will be now known by the name Rubber, Chemical, Petrochemical Skill Development Council (RCPSDC). The council will implement skill training programmes in chemicals and petrochemicals verticals for the youth across country.
  • In January 2020, Ultramarine & pigments have successfully commissioned the Sulphonation plant setup in Nellore, Andhra Pradesh, to manufacture surfactants and specialty chemicals.
  • In December 2020, Bhoramdev Cooperative Sugar Factory Kawardha and Chhattisgarh Distillery’s subsidiary NKJ Biofuel signed a memorandum of understanding (MoU) for the country's first ethanol plant to be set up in the state under the public-private partnership (PPP) model.
  • In November 2020, Indian companies are witnessing interest from strategic investors led by Japan, Korea and Thailand, as they seek to diversify supply chains from China. This includes large deals in FY 2020—KKR’s $414 million acquisition of JB Chemicals and Pharmaceuticals Ltd. and Carlyle’s $210 million acquisition of SeQuent Scientific Ltd.
  • On November 06, 2020, HIL (Hindustan Insecticides Limited) signed a memorandum of understanding with the Department of Chemicals & Petro Chemicals to achieve revenue target of Rs. 451 crore (US$ 60.86 million).
  • On November 04, 2020, Pidilite Industries acquired Huntsman Group's Indian subsidiary for Rs. 2,100 crore (US$ 283.38 million) to strengthen adhesives and sealants portfolio that will complement the company's retail portfolio.
  • In October 2020, Grasim Industries signed a definitive agreement with Lubrizol Advanced Materials (specialty chemical company) to manufacture and supply chlorinated polyvinyl chloride (CPVC) resin in Gujarat. The initial production is expected to begin in end-2022.

Government Initiatives

The government has started various initiatives such as mandating BIS-like certification for imported chemicals to prevent dumping of cheap and substandard chemicals into the country.

The Indian government recognises chemical industry as a key growth element and forecast to increase share of the chemical sector to ~25% of the GDP in the manufacturing sector by 2025.

  • Under the Union Budget 2022-23 the government allocated Rs. 209 crores (US$ 27.43 million) to the Department of Chemicals and Petrochemicals.
  • PLI schemes have been introduced to promote Bulk Drug Parks, with a budget of Rs. 1,629 crores (US$ 213.81 million).
  • The Government of India is considering launching a production linked incentive (PLI) scheme in the chemical sector to boost domestic manufacturing and exports.
  • A 2034 vision for the chemicals and petrochemicals sector has been set up by the government to explore opportunities to improve domestic production, reduce imports and attract investments in the sector. The government plans to implement production-link incentive system with 10-20% output incentives for the agrochemical sector; to create an end-to-end manufacturing ecosystem through the growth of clusters.
  • In October 2020, the government urged players in the agrochemicals industry to come out with new molecules of global standards for the farmers' benefit, while CropLife India, the industry body, pitched for stable policies and regulatory regimes to boost growth in the sector.
  • 100% FDI is allowed under the automatic route in the chemicals sector with few exceptions that include hazardous chemicals. FDI inflows in the chemicals sector (other than fertilisers) reached US$ 19.09 billion between April 2000 to December 2021.
  • The government has proposed several incentives for setting up a sourcing or manufacturing platform within an Indian SEZ:
    • Effective April 1, 2020, 100% Income Tax exemption on export income for SEZ units for the first five years, 50% for the next five years thereafter and 50% of the ploughed back export profit for next five years.
    • Single window clearance for central and state-level approvals.
    • Duty free import/domestic procurement of goods for development, operation and maintenance of SEZ units.
  • In December 2020, the PCPIR policy is being completely redesigned. Under the new PCPIR Policy 2020-35, a combined investment of Rs. 10 lakh crore (US$ 142 billion) is targeted by 2025, Rs. 15 lakh crore (US$ 213 billion) by 2030 and Rs. 20 lakh crore (US$ 284 billion) by 2035 in all PCPIRs across the country. The four PCPIRs are expected to generate employment for ~33.83 lakh people. ~3.50 lakh persons have been employed in direct and indirect activities related to PCPIRs by the end of 2020.

Road Ahead

Despite the current pandemic situation, the Indian chemical industry has numerous opportunities considering the supply chain disruption in China and trade conflict among the US, Europe and China. Anti-pollution measures in China will also create opportunities for the Indian chemical industry in specific segments.

Additional support, in terms of fiscal incentives, such as tax breaks and special incentives through PCPIRs or SEZs to encourage downstream units will enhance production and development of the industry. The dedicated integrated manufacturing hubs under Petroleum, Chemicals and Petrochemicals Investment Regions (PCPIR) policy to attract an investment of Rs. 20 lakh crore (US$ 276.46 billion) by 2035.

To bring about structural changes in the working of domestic chemical industry, future investments should not only focus on transportation of fuels such as petrol and diesel, but also on crude-to-chemicals complexes or refineries set up to cater to the production of chemicals.

Note: Conversion rate used for November 2021 is Rs. 1 = US$ 0.01336

(Video) 103 How to source data & information for industry & company research

Chemicals Industry Report Jun, 2022

MORE

8 Jul 22

28 Apr 22

Exports of Indian chemicals register growth of 106% in 2021-22 over 2013-14... Chemical exports from India surged by 106% hittinga record high of US$ 29,296 million in 2021-22, up from US$ 14,210 million in 2013-14.

24 Mar 22

Indian goods exports reach $400 bn for first time ever, says PM Modi... India’s exports exceeded US$ 400 billion in a fiscal year for the first time, stated Mr. Narendra Modi, Prime Minister of India.

4 Mar 22

India's share in global specialty chemicals market to double in 5 years: Crisil... The Indian specialty chemicals industry’s share in the global market is expected to grow to 6% by 2026 from 3-4% in fiscal 2021, according to Crisil.

2 Mar 22

Sales of manufacturing companies grow 27.3% in December quarter: RBI data... A total of 1,701 listed manufacturing companies recorded sales growth of 27.3% in the third quarter of FY22 driven by high sales growth in petroleum, non-ferrous metals, iron and steel, chemicals and textiles industries, as per RBI data.
(Video) Best Website for Sector Analysis | HINDI

Chemical Clusters

  • Gujarat
  • Maharashtra
  • Odisha
  • Tamil Nadu
  • Andhra Pradesh
  • Uttar Pradesh

Chemical Industry, Chemicals Manufacturers and Exporters in India - IBEF (7)

(Video) Know My Product - How To Export Pharmaceutical Ingredient | iiiEM

Posters

MORE

Chemical Industry, Chemicals Manufacturers and Exporters in India - IBEF (8)
INDIA IS THE SIXTH-LARGEST PRODUCER OF CHEMICALS

Covering more than 70,000 commercial products, India’s chemical industry is extremely diversified and can be broadly industrial sector.

IBEF Campaigns

MORE

India Organic Biofach 2022

Ibef Organic Indian PavilionBIOFACH2022 July 26th-29th, 2022 | Nurember...

10th India Trend Fair 2022

The Tenth Edition of the India Trend Fair, Tokyo, Japan is being organised ...

Case Studies

MORE

The Rise of India's Defence Exports

The Indian armed forces are one of the most powerful forces in the world comprising three divisions: the Indian Army, Indian Navy and Indian Air Force...

Promoting Indian Textile And Apparel Exports

The global textile market is estimated to reach US$ 1,412.5 billion by 2028 and would expand at a CAGR of 4.4% from 2021 to 2028. Rapidly changing tre...

(Video) Top 5 Sectors Contributing To The Indian GDP

The Potential Of Cottage Industry Trade

A cottage industry is a small business engaged in manufacturing and operated from the owner’s homes. Cottage industries form an important part o...

MORE

1 Sep 2022

India's Banking Sector Reforms

The performance of the Indian banking sector is intimately correlated with ...

1 Sep 2022

India's Tourism Sector on the Rise

Significance of Indian Tourism Sector:India, one of the oldest civilisati...

29 Aug 2022

India’s Potential To Emerge As A Hub For Medical Device Manufacturing In The World

The Indian healthcare industry has shown steep incremental growth over the ...

Partners

Chemical Industry, Chemicals Manufacturers and Exporters in India - IBEF (17)

(Video) Vibrant Goa 2019- Focus Sector - Shipbuilding

Chemical Industry, Chemicals Manufacturers and Exporters in India - IBEF (18)

Chemical Industry, Chemicals Manufacturers and Exporters in India - IBEF (19)

Chemical Industry, Chemicals Manufacturers and Exporters in India - IBEF (20)

FAQs

Which chemicals are most exported from India? ›

Export Trend

India is among the top chemical exporting countries in the world. India exports inorganic and organic chemicals, tanning and dyes, agrochemicals, plastics, synthetic rubber, filaments, etc. In 2021-22, the Indian chemical exports hit a record high at US$ 29.3 billion.

How many chemical industries are in India? ›

Three broad categories of companies are present in the industry – Multi-National, Indian including the public sector companies and small sector units. There are about 125 technical grade pesticides manufacturers in the country of which about 60 are in the organized sector, and 10 are, multinationals.

What is the rank of India in chemical industry? ›

India's chemical industry ranks as sixth largest in world, and third in Asia. The value of the chemical industry in India was estimated at 100 billion dollars in 2019.

How chemical industries contribute to the economy of India? ›

Indian Chemical Industry – Market Size

Accounting for 18 per cent of the output of manufacturing sector, the chemical industry forms 14-15 per cent of total exports and 8-9 per cent of the total imports in India. Chemicals including petrochemicals sector contributes 3 per cent to India's GDP.

What is India's number 1 export? ›

India's top 10 exports in order:

Petroleum products Value – 61.2 billion dollars. Jewellery Value – 41.2 billion dollars. Automobile Value – 14.5 billion dollars. Machinery Value – 13.6 billion dollars.

Which export is best in India? ›

Here are the 10 commodities most exported from India and their dollar value:
  1. Petroleum products. Value – 61.2 billion dollars. ...
  2. Jewellery. Value – 41.2 billion dollars. ...
  3. Automobile. Value – 14.5 billion dollars. ...
  4. Machinery. Value – 13.6 billion dollars. ...
  5. Bio-chemicals. ...
  6. Pharmaceuticals. ...
  7. Cereals. ...
  8. Iron and steel.
19 Apr 2022

Which chemical is most used in India? ›

Methanol, acetic acid, formaldehyde, pyridines, phenol, alkyl amines, ethyl acetate and acetic anhydride are the major organic chemicals produced in India. Formaldehyde and acetic acid are important methanol derivatives and are used in numerous industrial applications.

Which chemical does India import most? ›

Bulk minerals and ores recorded the highest import value among chemicals into India in fiscal year 2020. The value stood at over one trillion rupees. On the other hand, essential oil imports had a value of 11 billion rupees.

Which is the No 1 industry in India? ›

Taking all three sectors into consideration, the textile industry is the largest industry in India. It accounts for around 20 percent of the industrial output and also provides employment to over 20 million individuals.

Which is the No 1 manufacturing company in India? ›

Tata Motors is largest Manufacturing company in India based on Turnover.

Which chemical is highest in demand? ›

The market size of Chemicals & Petrochemicals sector in India is around $178 bn; expected to grow to $300 bn by 2025.
  • Synthetic Fibres – 31.7%
  • Fibre Intermediates – 9.87%
  • Polymers – 3.89%
  • Synthetic Rubber – 9.42%
  • Synthetic Detergent Intermediates – 7.23%
  • Performance Plastics – 11.8%
  • Olefins – 4.94%
  • Aromatics – 0.76%

Which chemical is most used in industry? ›

Sulfuric acid is the world's most important industrial chemical!

What is the importance of chemical industry in the modern world? ›

This industry contributes to almost every sector of the economy. It is not only used in producing pesticides and fertilizers but other products that we use in our day-to-day life. It is used in the textile industry, pharmaceutical industry, health care industry, and even the automobile industry.

Who is the biggest importer of India? ›

India's major import partners are: China (16 percent of total imports), the United States (6 percent), United Arab Emirates (6 percent), Saudi Arabia (5 percent) and Switzerland (5 percent).

What India exports the most 2022? ›

Amongst the major products, exports of Electronic goods (50.68%) , Rice (42.32%), Organic and Inorganic chemicals (13.35%) registered impressive growth during August 2022. India's merchandise import in August 2022 was USD 61.68 billion, an increase of 36.78% over USD 45.09 billion in August 2021.

What is India's main import? ›

Crude petroleum is India's biggest import with $155bn spent on it in 2012. Imports of gold and silver amounted to $62bn and electronic goods and pearls and precious stones are also top import items for the country. India's top import source is China followed by the UAE, Switzerland and Saudi Arabia.

Is export business profitable? ›

Export import business is one of the profitable business in India. It is considered as one of the lucrative business because of the high demand for goods and services in international market.

How do I export a product? ›

Export Planning
  1. Assess your company's export readiness.
  2. Build an export plan.
  3. Research and select your target market.
  4. Create an export marketing plan.
  5. Determine the best methods of delivering your product or service to your target market.
  6. Develop a sound financial plan.
  7. Understand the key legal aspects of international trade.

How do I start export business? ›

  1. Get a PAN Card.
  2. Select type of Business Entity.
  3. Open a Current Account.
  4. Dont forget the IEC Code.
  5. Choose your export product.
  6. Your Registration Cum Membership Certificate RCMC is important too.
  7. Selecting the Right Export Market.
  8. Finding Buyers for your Product.
17 Nov 2021

What are 3 chemicals we use everyday? ›

11 Compounds We Use In Everyday Life
  • Water. Chemical Formula: H2O. ...
  • Table Salt. Chemical Formula: NaCl. ...
  • Sucrose (Sugar) Chemical Formula: C12H22O11. ...
  • Soaps. Chemical Formula: RCOONa, Where R is a long chain of carbon atoms ranging from 16-18 in number. ...
  • Toothpaste. ...
  • Baking Powder. ...
  • Mouthwash. ...
  • Nailpaint Remover.

What are 4 examples of chemicals? ›

Examples of chemicals include the chemical elements, such as zinc, helium, and oxygen; compounds made from elements including water, carbon dioxide, and salt; and more complex materials like your computer, air, rain, a chicken, a car, etc.

What are 5 chemicals we use everyday? ›

Five compounds used in our daily life are 1. Common salt 2. Water 3. Soap 4. Baking soda 5. Sugar
  • Common salt.
  • Water.
  • Soap.
  • Baking soda.
  • Sugar.

What are the top 3 chemical companies? ›

Top fifty producers by sales (2018)
RankCompanyChemical sales in 2018 USD millions
1BASF74,066
2Dow69,977
3Sinopec69,210
4Sabic42,120
47 more rows

Which city is famous for chemical industry? ›

Mumbai is famous for petrochemical industry in India. The petro chemical units are also located in Auraiya in Uttar Pradesh, Jamnagar, Gandhinagar and Hajira in Gujarat, Nagothane, Ratnagiri in Maharashtra, Haldia in West Bengal and Vishakhapatnam in Andhra Pradesh.

What is future of chemical industry in India? ›

The Indian chemicals industry stood at US$ 178 billion in 2019 and is expected to reach US$ 304 billion by 2025 registering a CAGR of 9.3%. The demand for chemicals is expected to expand by 9% per annum by 2025. The chemical industry is expected to contribute US$ 300 billion to India's GDP by 2025.

Which chemical is in demand in India? ›

Within the specialty chemical segments in India, agrochemicals, surfactants, specialty polymers and textile chemicals and dyes are among the top segments expected to maintain their relative leadership and further grow in line with market demand.

What are the 5 major imports for India? ›

Imports The top imports of India are Crude Petroleum ($59B), Gold ($21.9B), Coal Briquettes ($20.9B), Diamonds ($15.8B), and Petroleum Gas ($13.8B), importing mostly from China ($64.2B), United States ($26.6B), United Arab Emirates ($22.1B), Saudi Arabia ($16.8B), and Iraq ($14.4B).

Which country imports chemicals from India? ›

In 2020, the top partner countries from which India Imports Chemicals include China, United States, Saudi Arabia, Japan and Korea, Rep..

What are the 4 types of industry? ›

There are four types of industry, namely primary, secondary, tertiary and quaternary. Primary industries involve the activities related to extraction and processing of natural resources, such as agriculture, mining, fishing, etc.

What are the top 5 industries? ›

Other sectors making notable contributions to the economy over the last decade include construction, retail, and non-durable manufacturing.
  1. Healthcare. The health sector helped the U.S. recover from the 2008 financial crisis. ...
  2. Technology. ...
  3. Construction. ...
  4. Retail. ...
  5. Non-durable Manufacturing.

Which is India's number 2 company? ›

2022 Forbes list
RankName
1(0)Reliance industry limited
2(0)State Bank of India
3(0)HDFC Bank
4(0)ICICI Bank
38 more rows

Which factory is best in India? ›

  1. Tata Motors Ltd. It has been one of the most well-known and celebrated industrial firms throughout lives. ...
  2. Tata Steel Limited. ...
  3. Hindalco Industries Ltd. ...
  4. Mahindra & Mahindra Limited. ...
  5. Maruti Suzuki India Ltd. ...
  6. Grasim Industries Ltd. ...
  7. JSW Steel Ltd. ...
  8. Motherson Sumi Systems Ltd.
10 Feb 2022

Is chemical factory profitable? ›

Chemical business opportunities are not only profitable but also have big potential in export. In terms of volume of production, the Indian chemical industry is the third-largest producer in Asia and the sixth-largest in the world. The Industry is contributing around 6-7% of the Indian GDP(Gross Domestic Production).

Which is best chemical stock? ›

Here are the top 10 chemical companies in India.
  • Pidilite Industries. Pidilite Industries is one of the leading manufacturers of sealants and adhesives. ...
  • Aarti Industries Limited. ...
  • Deepak Nitrite. ...
  • Atul Limited. ...
  • Anupam Rasayan India Ltd. ...
  • Tata Chemicals Limited. ...
  • Gujarat Fluorochemicals Limited. ...
  • Balaji Amines Limited.
13 Sept 2022

Which chemical industry is most profitable? ›

Pesticide Manufacturing

Pesticide manufacturing is one of the most profitable chemical ideas.

Where is the largest chemical industry? ›

Dow and DuPont continue to have a place amongst the largest chemical companies, post split off. Globally the industry's market size is $2.4 trillion while China has been the global leader in production of chemicals in 2018, contributing 35.8%of global chemical sales in the year.

What are the two types of chemical industry? ›

Fundamentally, the chemicals industry can be divided into two sectors; commodity/basic chemicals and specialty chemicals. Commodity chemicals are manufactured by many different companies however the end product is generally the same with very little variations.

Which country has the best chemical industry? ›

1. USA: The United States of America is the world's leading country in the production of chemical products.

What is the world's largest chemical manufacturer? ›

2020 chemical sales: $67.5 billion. For the second year in a row, BASF leads the Global Top 50 as the world's largest chemical maker.

Which is the best chemical company in India? ›

Top 10 Chemical Companies in India
  • BASF India Ltd. ...
  • Atul Ltd. ...
  • Gujarat Alkalies & Chemicals Ltd. ...
  • Pidilite Industries Ltd. ...
  • TATA Chemicals Ltd. ...
  • Bayer. ...
  • India Glycols Ltd. ...
  • UPL Ltd.

What is the example of chemical industry? ›

Technology
Product TypeExamples
organic industrialacrylonitrile, phenol, ethylene oxide, urea
ceramic productssilica brick, frit
petrochemicalsethylene, propylene, benzene, styrene
agrochemicalsfertilizers, insecticides, herbicides
7 more rows

Who is the number 1 exporter in the world? ›

China has been the largest exporter of goods in the world since 2009, and total Chinese exports amounted to $2.641 trillion in 2019. China's exports and economy grew dramatically following the opening of the country under Deng Xiaoping.

What are the top 5 export countries? ›

Countries In 2020, world biggest exporters were China ($2.65T), United States ($1.34T), Germany ($1.33T), Japan ($623B), and South Korea ($531B) and world biggest importers were United States ($2.24T), China ($1.55T), Germany ($1.11T), United Kingdom ($610B), and Japan ($581B).

Who are the biggest chemical distributors? ›

Topping the charts is Germany-based Brenntag with $16.4bn in 2021 sales, followed by US-based Tricon Energy at $10bn, US-based Univar Solutions at $9.5bn, Japan-based Nagase & Co at $7.2bn and Germany-based Helm at $6.9bn.

Which chemical is most imported in India? ›

Bulk minerals and ores recorded the highest import value among chemicals into India in fiscal year 2020. The value stood at over one trillion rupees. On the other hand, essential oil imports had a value of 11 billion rupees.

What organic chemicals are exported from India? ›

India Exports of organic chemicals to United StatesValueYear
Quaternary Ammonium Salts and Hydroxides, Lecithins, Other Phosphoaminolipids$17.11M2021
Carboxyimide-function Compounds, Imine-function Compounds$15.53M2021
Sulphonamides$10.87M2021
Sulfonated, Nitrated, Nitrosated Derivatives of Hydrocarbons$10.32M2021
38 more rows

Which countries import chemicals from India? ›

In 2020, the top partner countries from which India Imports Chemicals include China, United States, Saudi Arabia, Japan and Korea, Rep..

Which chemical is completely imported in India? ›

India imports phosphate chemical the most.

India is the largest country in the whole world that imports the largest amount of phosphate chemical, accounting for 45% of the whole world trade.

Which chemical is in demand in India? ›

Within the specialty chemical segments in India, agrochemicals, surfactants, specialty polymers and textile chemicals and dyes are among the top segments expected to maintain their relative leadership and further grow in line with market demand.

What are the top 3 imports of India? ›

Imports The top imports of India are Crude Petroleum ($59B), Gold ($21.9B), Coal Briquettes ($20.9B), Diamonds ($15.8B), and Petroleum Gas ($13.8B), importing mostly from China ($64.2B), United States ($26.6B), United Arab Emirates ($22.1B), Saudi Arabia ($16.8B), and Iraq ($14.4B).

Who is the best importer in India? ›

It accounts for 15.88% of Indian export. On the other hand, the largest source of India's import was from China.
...
List of Top 10 Export and Import Source of India.
CountryImport value (2018-19) US$ BillionPercentage Share(2018-19)
1.USA52.4315.88
2.United Arab Emirates30.139.13
3.China PRP16.755.07
4.Hong Kong13.003.94
6 more rows
14 Mar 2020

Which is the best chemical company in India? ›

Top 10 Chemical Companies in India
  • BASF India Ltd. ...
  • Atul Ltd. ...
  • Gujarat Alkalies & Chemicals Ltd. ...
  • Pidilite Industries Ltd. ...
  • TATA Chemicals Ltd. ...
  • Bayer. ...
  • India Glycols Ltd. ...
  • UPL Ltd.

What is India's main import? ›

India main imports are: mineral fuels, oils and waxes and bituminous substances (27 percent of total imports); pearls, precious and semi-precious stones and jewelry (14 percent); electrical machinery and equipment (10 percent); nuclear reactors, boilers, machinery and mechanical appliances (8 percent); and organic ...

Who is India's largest import partner? ›

India top 5 Export and Import partners
MarketTrade (US$ Mil)Partner share(%)
United States49,32117.90
China19,0086.90
United Arab Emirates17,9536.52
Hong Kong, China9,5373.46
1 more row

What are the top 10 imports of India? ›

Top 10 Import Goods
HS CodeImport USD$
(71) Precious Stones & Metals$58,908,091,065
(85) Electrical Machinery$50,846,328,566
(84) Industrial Machinery$44,479,054,017
(29) Organic Chemicals$20,533,320,112
6 more rows

How can we import chemicals to India? ›

For importing Organic chemicals also, import entry documents along with carrier's document (Bill of Lading /Airway bill), commercial invoice, packing list, certificate of origin and other required documents are filed and necessary import procedures are completed to take delivery of imported goods under Organic ...

Which country is the largest importer of chemicals? ›

Historical Data

In 2020, the top importers of Chemical Products were United States ($245B), Germany ($143B), China ($129B), Belgium ($75.7B), and France ($68.8B).

How many products import in India? ›

Overall Exports and Imports for India 2019

The total value of imports (CIF) is US$ 478,884 million. At the HS6 digit level, 4,442 products are exported to 226 countries and 4,356 products are imported from 210 countries.

Videos

1. Dr R Ananthanarayanan, President, Dr. Reddy's Laboratories Ltd.
(India Brand Equity Foundation)
2. SOT 2ndYear Chemical CPT1 Pharma or Drug Industry 140520 mp4
(School of Technology PDPU)
3. BEST WEBSITE FOR SECTOR ANALYSIS ( TELUGU AUDIO )
(TRADE FETCHER(OFFICIAL))
4. WHY to open Industries/Company In North East, India
(7 States Education)
5. Textile Sector in India- 2 Stocks to watchout for Good Returns #Stockmarket #India #Invest #Finance
(STOCKHOOD- Invest with facts...)
6. Indian Pharma Industry - A SWOT Analysis: Discussion with Udayan Sengupta, SCL India – Pt 2 of 3
(MoVeConversations)

Top Articles

Latest Posts

Article information

Author: Jerrold Considine

Last Updated: 01/05/2023

Views: 6418

Rating: 4.8 / 5 (58 voted)

Reviews: 89% of readers found this page helpful

Author information

Name: Jerrold Considine

Birthday: 1993-11-03

Address: Suite 447 3463 Marybelle Circles, New Marlin, AL 20765

Phone: +5816749283868

Job: Sales Executive

Hobby: Air sports, Sand art, Electronics, LARPing, Baseball, Book restoration, Puzzles

Introduction: My name is Jerrold Considine, I am a combative, cheerful, encouraging, happy, enthusiastic, funny, kind person who loves writing and wants to share my knowledge and understanding with you.