Summary
Chemicals in India industry profile provides top-line qualitative and quantitative summary information including: market size (value 2019-24, and forecast to 2029). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- Chemicals market is segmented into commodity chemicals, specialty chemicals, agriculture chemicals, and others. Market values represent country's consumption of chemical products at the producer's selling price (PSP).
- The Indian chemicals market recorded revenues of $152.2 billion in 2024, representing a compound annual growth rate (CAGR) of 6.2% between 2019 and 2024.
- The commodity chemicals segment accounted for the market's largest proportion in 2024, with total revenues of $63.9 billion, equivalent to 42.0% of the market's overall value.
- In 2024, India’s chemicals market grew by 5.0%, largely driven by increased GDP, which boosted industrial activity, infrastructure development, and consumer demand. This economic expansion led to higher consumption of chemicals across manufacturing, agriculture, and consumer goods sectors.
Scope
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the chemicals market in India
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the chemicals market in India
- Leading company profiles reveal details of key chemicals market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the India chemicals market with five year forecasts
Reasons to Buy
- What was the size of the India chemicals market by value in 2024?
- What will be the size of the India chemicals market in 2029?
- What factors are affecting the strength of competition in the India chemicals market?
- How has the market performed over the last five years?
- What are the main segments that make up India's chemicals market?
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Table of Contents
1 Executive Summary
1.1. Market value
1.2. Market value forecast
1.3. Category segmentation
1.4. Geography segmentation
1.5. Market rivalry
1.6. Competitive landscape
2 Market Overview
2.1. Market definition
2.2. Market analysis
3 Market Data
3.1. Market value
4 Market Segmentation
4.1. Category segmentation
4.2. Geography segmentation
5 Market Outlook
5.1. Market value forecast
6 Five Forces Analysis
6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry
7 Competitive Landscape
7.1. Who are the leading players?
7.2. What are the strengths of the players?
7.3. What are the recent developments?
8 Company Profiles
8.1. Pidilite Industries Ltd
8.2. SRF Ltd
8.3. Tata Chemicals Ltd
8.4. Gujarat Fluorochemicals Ltd
9 Macroeconomic Indicators
9.1. Country data
10 Appendix
10.1. Methodology
10.2. Industry associations
10.3. Related MarketLine research
10.4. About MarketLine
List of Tables
Table 1: India chemicals market value: $ billion, 2019-24
Table 2: India chemicals market category segmentation: % share, by value, 2019-24
Table 3: India chemicals market category segmentation: $ billion, 2019-24
Table 4: India chemicals market geography segmentation: $ billion, 2024
Table 5: India chemicals market value forecast: $ billion, 2024-29
Table 6: Pidilite Industries Ltd: Key Facts
Table 7: Pidilite Industries Ltd: Annual Financial Ratios
Table 8: Pidilite Industries Ltd: Key Employees
Table 9: SRF Ltd: Key Facts
Table 10: SRF Ltd: Annual Financial Ratios
Table 11: SRF Ltd: Key Employees
Table 12: Tata Chemicals Ltd: Key Facts
Table 13: Tata Chemicals Ltd: Annual Financial Ratios
Table 14: Tata Chemicals Ltd: Key Employees
Table 15: Gujarat Fluorochemicals Ltd: Key Facts
Table 16: Gujarat Fluorochemicals Ltd: Annual Financial Ratios
Table 17: Gujarat Fluorochemicals Ltd: Key Employees
Table 18: India Size of Population (Million), 2020-24
Table 19: India Real GDP (Constant 2010 Prices, $ Billion), 2020-24
Table 20: India GDP (Current Prices, $ Billion), 2020-24
Table 21: India Inflation, 2020-24
Table 22: India Consumer Price Index (Absolute), 2020-24
Table 23: India Exchange Rate, 2019-24
List of Figures
Figure 1: India chemicals market value: $ billion, 2019-24
Figure 2: India chemicals market category segmentation: $ billion, 2019-24
Figure 3: India chemicals market geography segmentation: % share, by value, 2024
Figure 4: India chemicals market value forecast: $ billion, 2024-29
Figure 5: Forces driving competition in the chemicals market in India, 2024
Figure 6: Drivers of buyer power in the chemicals market in India, 2024
Figure 7: Drivers of supplier power in the chemicals market in India, 2024
Figure 8: Factors influencing the likelihood of new entrants in the chemicals market in India, 2024
Figure 9: Factors influencing the threat of substitutes in the chemicals market in India, 2024
Figure 10: Drivers of degree of rivalry in the chemicals market in India, 2024
