Significance of Chemical and Petrochemical industry
Indian Chemical Industry
2nd largest manufacturer and exporter of
dyes1
4th largest producer of
agrochemicals globally1
Ranks 6th in the World for Chemicals
sales2
India ranks 9th in export and 6th in
import of chemicals (Excluding
Pharmaceuticals products) globally1
Chemicals and Petrochemicals
market is projected to reach
$300 bn by 20251
3rd largest consumer of polymers
globally1
Contributes ~14.4% in India’s Imports1
Contributes ~14.9% in India’s
Exports1
Employs ~4 million people
Demand for chemicals to grow at ~9%
per annum during 2020-251
Contributes ~12.46% to the
manufacturing GVA1
Covers > 80,000 products,
inevitable part of daily life1
Source: 1- DCPC, 2-CEFIC 2020 Facts & Figures
1