India has one of the largest chemical sectors in the world by production volumes, and growth is expected to accelerate given the country’s increasing development. The chemicals sector plays an important role in the Indian economy, accounting for approximately 2.1% of GDP in 2016. Chemicals production is concentrated in the coastal states of Gujarat and Maharashtra. This is the source of some distributional inefficiency, as the end users are scattered throughout India. The chemicals sector is generally fragmented, and there are large numbers of small and medium-sized manufacturers, although this has been changing in recent years with the emergence of larger, vertically-integrated players which have a dominant role in their markets.

FOREWORD

01 EXECUTIVE SUMMARY

Sector in Numbers

Sector Overview

Sector Snapshot

Driving Forces

Restraining Forces

02 SECTOR FORECAST

Macroeconomic Outlook

Economic Sentiment

Sector Outlook

Subsector Outlook

Sector Concentration

03 SECTOR IN FOCUS

Main Economic Indicators

Main Sector Indicators

Chemical Production

Industrial Production

Chemical Consumption

Global Positioning

Inflation

Foreign Trade

Employment

04 COMPETITIVE LANDSCAPE

Timeline India Chemicals

Highlights

Top Companies in the Chemicals Sector

Top M&A Deals

M&A Activity, 2017

05 COMPANIES IN FOCUS

Tata Chemicals Ltd

Phillips Carbon Black Ltd

Reliance Industries Ltd

Pidilite Industries Ltd

UPL Ltd

06 REGULATORY ENVIRONMENT

Government Policy

07 BASIC CHEMICALS

Highlights

Main Events

Bulk Chemicals: Production

Bulk Chemicals: Consumption

Bulk Chemicals: Imports

Bulk Chemicals: Exports

Petrochemicals: Production

Petrochemicals Production Capacity

Petrochemicals: Imports

Petrochemicals: Exports

08 SPECIAL CHEMICALS

Highlights

Main Events

Production

Imports

Exports

09 AGROCHEMICALS AND

FERTILISERS

Highlights

Main Events

Production

Consumption

Imports

Exports