India’s chemical industry is usually regarded as a catalyst for economic growth and is a crucial enabler driving other sectors like textiles, pharmaceuticals, cosmetics, paints, etc.
India is the sixth-largest producer of chemicals globally. However, the country ranks 14th in chemical exports, excluding pharmaceuticals, contributing merely 2.5% to global chemical sales.
Fortunately, the picture appears to be changing. In FY22, India clocked $24.3Bn in chemical exports, the highest since FY15, and witnessed 39% Y-o-Y growth in value and a 14% Y-o-Y growth in volume.
Recent studies suggest the global specialty chemicals market is expected to witness a CAGR of 5.1% from 2023 to 2030, with the Indian exports of specialty chemicals likely to scale 10 times.
We will provide product samples free of charge and send them to you by international express.
11/F Suning Universal Mansion,188 Guangzhou Rd., Nanjing, 210024, China
+86 25 83315620
Copyright©2023, Nanjing Lanya Chemical Co.Ltd.
Related links: organic silane | acetylacetone | Lanya Chemical Europe GmbH