Total Market size of Chemicals & Petrochemicals segment in India shall be worth :: 165 Bn $
In India the Chemicals industry is very large highly diversified, covering more than 85,000 commercial products. It is broadly classified into Agrochemicals, Petrochemicals, Polymers, Bulk chemicals, Specialty chemicals and Fertilizers. Due to close proximity of Middle East a Petro Chemical Hub, India is preferred destination for Refinery, Logistics and Distribution.
India is a main global dye supplier, accounting for approximately 16% of the world production of dyestuff and dye intermediates. Chemicals industry in India has been de-licensed except for few hazardous chemicals. Upcoming Petroleum, Chemicals and Petrochemicals Investment
Regions (PCPIRs) and Plastic parks will provide state-of-the-art infrastructure for Chemicals and Petrochemicals sector.
- Overall Chemicals & Petrochemicals market is projected to reach $310 bn by 2025
- Indian ranks 14th in export and 8th in import of chemicals (Excluding Pharmaceuticals products) Internationally
- Demand of chemical products is expected to grow at approximately 9.5% p.a. over the next 6 years
- Indian chemical industry employs more than 2.2 million people
100% FDI is allowed under the automatic route in the chemicals sector (except in the case of certain hazardous chemicals).
COMPAXED team have closely worked with various Chemical firms in the Segment of M&A, Management Consulting and Corporate Advisory Segment.
