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Chemical Industry Market Growth, Outlook, Size, Share, Trends, Analysis and Forecast - 2025

11-23-2020 01:14 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: MARKET INSIGHT

The chemical sector has significant growth in India due to various factors such as structural benefits, high domestic consumption, availability of diversified products, and promising export potential. Basic chemicals and their related products such as petrochemicals, fertilizers, paints, varnishes, glass, perfumes, toiletries, pharmaceuticals, and others contribute a significant part in the Indian economy. The Indian chemical industry has diversified portfolios covered over 80,000 chemical products. According to the India Brand Equity Foundation (IBEF), India has a sixth position in the production of chemicals across the globe and the third-largest country in Asia-pacific. India has the third rank in the production of agrochemicals across the globe and contributes around 16% to the global dyestuff and dye intermediates production. As per the IBEF, the chemical sector is projected to reach $300 billion by 2025, growing at an annual growth rate of 15-20% owing to the rising demand for chemicals and reduce imports in the country.

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We provide custom reports which include a comprehensive analysis of each sector of the chemical industry.

The Categories Covered in the Indian chemical Domain Include

• Base Chemicals
• Specialty Chemicals
• Agrochemicals
• Pharma Chemicals

A Full Report of Chemical Industry is Available at: https://marketinsight.in/industry-reports/indian-chemical-industry-insight

The Agrochemical industry includes Insecticides, herbicides, fungicides & other crop protection chemicals and others. India has significant growth in the agrochemical industry owing to the growing demand for pesticides and other agrochemicals to increase agriculture productivity. According to the American Institute of Chemical Engineers (AICHE) the Indian agrochemical industry is the fourth largest industry across the globe after the US, Japan, and China. The industry included mostly generic products for the local market and India has become the dominant producer of products such as synthetic pyrethroids and isoproturon.

For More Customized Data, Request for Report Customization @ https://marketinsight.in/report-customization/indian-chemical-industry-insight

Media Contact:

Company Name: Market Insight
Contact Person: Mr. Anurag Tiwari
Email: info@marketinsight.in
Contact no: +91 780-304-0404

About Market Insight

Marketinsight.in, a sub-division of Orion Market Research (OMR), is a determined market research firm that simply aims at providing services such as consulting, customize research, field research and a growth strategy plan to the Indian enterprises. It provides a complete suite of customized services focused on to bringing process efficiency and market effectiveness in its services.

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