Indian Chemical Industry
Indian Chemical Industry
Indian Chemical Industry
Brief Report
Indian Chemical Industry: A Potential Chemical Hub for
Exploration at World Market
Authors: Amrit B Karmarkar*1, Avinash D Deodhar1, Aditya A Holikar2
Affiliations:
1. Director, InClinition, Dombivli East, Mumbai Area, India
2. Research Associate, InClinition, Dombivli East, Mumbai Area, India
Email: [email protected] Cellular: +91-8898904115
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ISSN: 2319-5894
Pharma Utility Volume 8, Issue 1- 2, 2014
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Pharma Utility Volume 8, Issue 1- 2, 2014
Inventor
Joshua Ward
John Roebuck & Samuel
Garbett
Charles Tennant
Nicolas Leblanc
William Rosh, Wilson
and Bell
Sir John Lawes
Charles Goodyear
Thomas Hancock
William Henry Perkin
Friedrich
Engelhorn
(BASF)
Ernest Solvay
Year
Product
Place
Prestopans, Scotland.
St
Rollox,
Glasgow,
Scotland.
Saint-Denis, France.
River Tyne, Scotland.
London, England.
Springfield, Massachusetts,
US.
London, England.
(first London, England.
Ludwigshafen, Germany.
Segmentation of Chemicals
The development of the chemical manufacturing industry stated from the late 19th century where
the quality and various different form of chemicals were prepared. These different forms of
chemicals were separated in the certain segments like Basic chemicals, Specialty chemicals,
pharmaceutical products, fertilizers and Agrochemicals.
http://www.pharmautility.com
ISSN: 2319-5894
Pharma Utility Volume 8, Issue 1- 2, 2014
http://www.pharmautility.com
ISSN: 2319-5894
Pharma Utility Volume 8, Issue 1- 2, 2014
Indian Scenario
Specialty chemicals sector is fast growing at substantial rate and also has various investment
offers. This will create the high rate of employment and significantly boost the economy of
country.
Comparison with China
As per the Market Line report the Specialty chemicals share of china is 24.2% compare to
Indias 24.7%. To increase the productivity, employment of the talented pool of the chemicals
engineers are required. The basic infrastructure with modern technology should be established.
3. Pharmaceutical chemicals
The Pharmaceutical chemicals are the medically Active Pharmaceutical Ingredients and dosage
forms. The demand for the Pharmaceutical products is increasing tremendously day by day
globally to get cure from various diseases.
Indian Scenario
India is the key player in the exporting of the pharmaceutical chemicals. India is considered to be
the major source of the supplying the raw materials, and finished products. In the terms of
production of supply India is the 3rd largest in terms of volume. India markets finished product,
process development, drug formulation, dosage form manufacture and marketing has established
properly and few companies has attended the International standards so the process of growth
has been fast. (JZ Med. Inc April 2012)
Comparison with China
China shares the production of the pharmaceutical chemicals of around 21.5%. Compare to
China, Indias production is 25.3% (Market Line Report). Though the China is highest API
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ISSN: 2319-5894
Pharma Utility Volume 8, Issue 1- 2, 2014
producer and acquires the largest exporter of the API is less recognized as that of the India.
Comparing the China and India the pharmaceuticals products are still slow growing.
4. Agrochemicals and fertilizers
Agriculture is the import sector for the growth of the economy of the country. The
Agrochemicals and fertilizers are vital for the nutritional security of country. Agrochemicals and
fertilizers segment for the chemical fertilizers, herbicides, insecticides, pesticides and other
substances used in field of agriculture.
Indian Scenario
India is the 4th largest producer of the agrochemicals and fertilizers and it is also supplied to
other parts of the world. The Three categories of the Companies exist in India providing the
Agrochemicals and Fertilizers i.e. Multinational, Indian Companies and Small Scale Industry.
Comparison with China
The share of the China in Agrochemicals and fertilizers segment is low up to 6% compare to that
if Indias 15%. The development of the Agricultural products and production of the fertilizers
was the due to the global marketing and various involvements of the Multi-national companies
creating the platform for the high productivity of crops.
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Pharma Utility Volume 8, Issue 1- 2, 2014
Setting up the Training center for the new talented pool of chemical engineers.
To learn the art of developing the high quality, low cost manufacturing from lab scale to
ton scale.
Install the latest facilities and technologies to fast and large production to meet the
demand of export.
Tax Reduction and other incentives to be provided for flourishing the production rate of
industry.
Development of SEZ and world class infrastructure along with improved facilities of
transportation by railways, roadways and ports.
Conclusion
India has made a considerable progress in the field of the Chemical Industry over the past few
decades. The implementation of the fiscal and financial incentives and ventures have emerged
the industry as the power house of Indian economy. As the favorable infrastructure and
supportive regulatory framework with world class facilities provided to industries, the CAGR
will reach 15% i.e. $ 290 billion by the end of 2017.
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