Page 71 - Edelweiss India Conference 2022 FLIPBOOK

New Energy Digital Manufacturing Capital Markets Human Capital

Global specialty chemicals market

1,400
1171
1,200
(USD thousand) 1,000 5.7% CAGR 805 6.4% CAGR

800
610
600

industry, which stood
400 India's chemicals
at USD180bn in 2019,
200 represents one of the
bright spots within the
-
2014 2019 2025 Indian manufacturing
sector
Global Speciality Chem Market

Source: Edelweiss Research, FICCI

Global specialty chemicals market

Agrochemicals 12%
31% Dyes and Pigments
Food Additives 9%
Surfactants

Contruction Nutra Ingredients
Chemicals 9%
Electronic Chemicals F&F Ingredients
4%
8%
Water Chemicals 5% Others
5% 6%
Polymer Additives 5% 6%

Source: Edelweiss Research, FICCI
Source: Indian-Specialty-Chemical-Industry-FICCI 2020.pdf / FICCI

Indian Speciality chemicals

India's chemicals industry, which stood at USD180bn in 2019, represents one of the bright spots
within the Indian manufacturing sector. The specialty chemicals segment, at USD32bn in 2019,
constitutes about 18% of the total chemical industry in India. At a CAGR of 11% over 2014–19,
specialty chemicals has consistently outgrown the overall chemicals industry. This growth has been
driven by a combination of rising domestic demand from end-user segments and strong exports
growth.

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