Specialty Chemicals in India (2018-2023)
- NET3246159
- 60 Pages
- April 2019
- Construction & Manufacturing
Key growth drivers of the market:
o India has a huge technically skilled workforce which helps boost the specialty chemicals market in the country. As of 2016, 51.09% of the total population of science, technology, engineering and math (STEM) graduates were from India. Apart from the availability of a large educated population, India offers unskilled labor at much lower wages as compared to other countries. The availability of a large talent pool, along with a nominal wage rate makes India an attractive production hub for various foreign companies. This, in turn, acts as a driving force for the specialty chemical market in India.
o The Chinese government announced the closure of various chemical companies that produced hazardous waste, which led to disruption of the supply chain. The developed markets are, therefore, now focusing on having an alternative supplier of chemicals apart from China to ensure an uninterrupted supply of end products, making Indian players more competitive.
Key deterrents to the growth of the market:
o In the specialty chemicals market, only a few Indian players have the capability to compete with global giants in terms of product development and innovation. As a result, Indian specialty chemical manufacturers are generating less revenue, and sales has also dropped as compared to foreign companies.
o Indian specialty chemical manufacturers are often forced to deal with cyclicality, especially in the textile manufacturing sector. Therefore, companies face difficulty in surviving during periods of low demand. This, in turn, hampers the growth of small specialty chemical manufacturers of India.
Companies covered:
o Aarti Industries Limited
o Bodal Chemicals Limited
o Deepak Nitrite Limited
o Ion Exchange (India) Limited
o Meghmani Organics Limited
o NOCIL Limited
o SRF Limited
o Sudarshan Chemical Industries Limited
o Sunshield Chemicals Limited
o Vinati Organics Limited
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Chapter 2: Socio-economic indicators
Chapter 3: Introduction
3.1. Specialty chemicals market - definition and structure
Chapter 4: Specialty chemicals market in India
4.1. Market overview
4.2. Specialty chemicals market size and growth forecast – value wise
(FY 2017-FY 2023e)
Chapter 5: Trade analysis
5.1. Export of specialty chemicals
o Value-wise
o Volume-wise
o Country-wise
5.2. Import of specialty chemicals
o Value-wise
o Volume-wise
o Country-wise
Chapter 6: Key market trends
Chapter 7: Key growth drivers of the market
Chapter 8: Key deterrents to the growth of the market
Chapter 9: Competitive landscape
9.1. Porter’s five forces analysis
9.2. Aarti Industries Limited
o Corporate information
o Business description
o Products and services
o Key people
o Financial snapshot (total income, net profit/loss)
o Key ratios
o Business segments, geographical segments
*Note: Similar information areas will be covered for the remaining competitors
9.3. Bodal Chemicals Limited
9.4. Deepak Nitrite Limited
9.5. Ion Exchange (India) Limited
9.6. Meghmani Organics Limited
9.7. NOCIL Limited
9.8. SRF Limited
9.9. Sudarshan Chemical Industries Limited
9.10. Sunshield Chemicals Limited
9.11. Vinati Organics Limited
Appendix
1. Research methodology
2. About Research on Global Markets
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