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Specialty Chemicals Market in India 2024-2029

Publisher Netscribes (India) Pvt. Ltd.
Published Feb 01, 2025
Length 73 Pages
SKU # NBS20462245

Description

The specialty chemicals market in India encompasses a wide range of chemicals that are used in different sectors, including agriculture, automotive, pharmaceuticals, and textiles.

In 2023, the specialty chemicals market in India was valued at INR 5099.93 Bn and is expected to reach INR 8389.60 Bn by 2029, expanding at a compound annual growth rate (CAGR) of 9.19% during the 2024 – 2029 period. The market for specialty chemicals in India includes the production, research and development, and advancement of various chemical products that are used across sectors such as agrochemicals, automotive, and coatings.

Technological progress, including breakthroughs in chemical compositions and sustainable chemistry, is improving the effectiveness and competitiveness of Indian specialty chemicals.

Porter’s Five Forces Analysis

There are moderate entry barriers stemming from substantial capital investments, regulatory requirements, and the need for specialized expertise. However, creative startups can still discover prospects in specialized markets.

Consumers have significant bargaining power because many suppliers offer similar products, leading to opportunities for price negotiations.

Market drivers:

Increasing consumer interest in eco-friendly products is accelerating the use of sustainable specialty chemicals, which includes the use for making biodegradable plastics and green solvents.

Improved awareness about health and safety is promoting the use of non-toxic, natural components in personal care, cosmetics, and food items, increasing the need for specialty chemicals.

Market Trends:

Businesses are progressively providing personalized chemical solutions designed to meet the distinct requirements of sectors like pharmaceuticals, agriculture, and electronics to enhance performance and efficiency.

To satisfy customers’ specific demands, businesses are concentrating on developing distinct products that provide unique advantages and features, enhancing their competitive position in the market.

Table of Contents

73 Pages
Chapter 1: Executive Summary
Chapter 2: Socio-Economic Indicators
Chapter 3: Introduction
3.1. Market definition and structure
Chapter 4: Market Overview
4.1. Specialty Chemicals Market in India – An Overview
4.2. Market Size and Growth Forecast Based on Value (2024 – 2029)
4.3. Porter’s Five Forces Analysis
Chapter 5: Market Influencers
5.1. Market drivers
5.2. Market challenges
Chapter 6: Market Trends
6.1. Key Market Trends
Chapter 7: Government Initiatives
7.1. Favourable Government Initiatives
Chapter 8: Trade Analysis
8.1. Trade Analysis
Chapter 9: Competitive Landscape
9.1. Aarti Industries Limited
Company information
Business description
Products/Services
Key people
Financial snapshot
Key ratios
Key financial performance indicators
Key business segments
Key geographic segments
Note: Financial data and segment-wise data is available only for public companies
9.2 Atul Limited
9.3 BASF India Limited
9.4 Bodal Chemicals Limited
9.5 Deepak Nitrite Limited
9.6 Galaxy Surfactants Limited
9.7 PI Industries Limited
9.8 Pidilite Industries Limited
9.9 SRF Limited
9.10 Vinati Organics Limited
Chapter 10: Recent Developments
10.1. Key Recent Developments
Chapter 11: Appendix
11.1. About Netscribes
11.2. Research methodology
11.3. Disclaimer

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