Chemical and petrochemical industry
Chemical and petrochemical industry
Chemical and petrochemical industry
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India: contributing significantly to globalchemical <strong>and</strong> <strong>petrochemical</strong> industries"The Indian market for <strong>petrochemical</strong>s will increase four times in the next ten years. It willwitness a sustained double-digit growth rate.” ~ Mukesh Ambani, CMD, Reliance Industries►►►Global chemical market estimated at USD1.7 trillionWestern Europe is the largest chemicalproducing region followed by North America<strong>and</strong> AsiaIndia – ranks 12 th by volume of production► Current <strong>industry</strong> turnover ~INR 1478.4billion (~14% of total manufacturing outputof India)►<strong>Chemical</strong> Industry segments►►►►►►►Basic inorganic & organic chemical<strong>industry</strong> (Soda ash, caustic soda, liquidchlorine, calcium carbide, etc which areraw material for toothpaste, detergents,plastics, pharmaceuticals, etc.)Drugs & PharmaceuticalsPesticides & AgrochemicalsPetrochemicals (Ethylene, Propylene,Polypropylene, Benzene, Xylene, etc)Dyes & pigments (80% utilised bytextile <strong>industry</strong>)Fine & specialty chemicalsFertilizersCAGR of 8.7% in chemical productionmatches overall <strong>industry</strong> trendsSource: Department of <strong>Chemical</strong>s <strong>and</strong> Petrochemicals, GoIFastest growing chemical <strong>and</strong><strong>petrochemical</strong> products in IndiaProductsPetroleumrefineryproductsPerformancePlasticsSyntheticFibresDyes &DyestuffsCAGR (’05-’6 to ‘09-’10)5.73%7.88%8.08%2009-10Prodn149.7million MT172,000MT2,601,000MT8.78% 42,000 MTSource: Department of <strong>Chemical</strong>s <strong>and</strong> Petrochemicals, GoI<strong>Chemical</strong> Industry Value ChainStorage, Packaging, <strong>and</strong> DistributionRawMaterialsIntermediate‘BuildingBlock’SynthesisFunctional<strong>Chemical</strong>SynthesisValueaddition <strong>and</strong>processingFinishedintermediatebyproductsBusiness Support ServicesKarnataka: <strong>Chemical</strong>s <strong>and</strong> Petrochemicals ProfilePage 2
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