Chemical & Petrochemical Market & Outlook in India 2030

The chemical and petrochemical industry around the globe is expected to follow strong growth in coming years  lead by growing economies like India which is showing great potential in attracting industry players to invest in the  sector. The global industry players are shifting towards the Asian countries to create a chemical manufacturing  hub due to robust demand and cost competitive manufacturing facilities. In 2024, the global chemical market is valued at USD 5574 billion, while the Indian chemical market, as per India Brand Equity Foundation (IBEF), reaches USD 278 billion during the same period. India ranks as the 6th largest producer of chemicals in the world and 3rd in Asia, with chemical industry contributing 7% to India’s GDP. The market size of the chemical and petrochemical industry is anticipated to grow to USD 383 billion by 2030 and USD 1 trillion by 2040.

• Chemical & Petrochemical market size, growth and outlook in India-2030
• Investment opportunity outlook for industrial gas market in India
• Investment opportunity outlook for dyes & pigments market in India
• Investment opportunity outlook for ethyl alcohol & basic organic chemicals market in India
• Investment opportunity outlook for plastic material & resin (polymer resin) market in India
• Investment opportunity outlook for fertilizers market in India
• Investment opportunity outlook for construction chemicals market in India
• Investment opportunity outlook for paints & coatings market in India
• Petrochemical market segmentation and forecast in India-2030
• Examining export opportunity in different countries for chemical market in India
• Examining export opportunity in different countries for petrochemical market in India

• Market size of USD 383 billion by 2030
• Detailed research on market characteristics, key trends and  outlook of each segment.
• Analysis on the shift to organic fertilizers in India.
• Region wise outlook for different segments for chemical industry in India.
• Detailed analysis of  different segments of petrochemical, its trends and outlook.
• Private and government investments in the chemical and petrochemical industry.
• Detailed analysis of IOT and rapid green technology adoption in production market of the chemical industry.
• Analysis on the end user industries for adhesives and sealants and the existing opportunities.

• Under the Interim Union Budget 2024-25 the government allocated USD 23.13 million to the Department of Chemicals and Petrochemicals.
• The Dahej PCPIR project in Bharuch, has attracted an estimated investment of USD 12 billion and is expected to generate 32,000 jobs.
• An investment of USD 107.38 billion is estimated in the Indian chemicals and petrochemicals sector by 2025.
• In August 2023, the Prime Minister announced a subsidy of USD 120.93 billion for providing cheaper Urea to farmers.
• Himadri Specialty Chemical invested USD 7.01 million) in Sicona Battery Technologies Pty Ltd, (Sydney) for a 12.79% stake.
• PCBL Ltd receive CCI approval for Aquapharm Chemicals acquisition.
• Nippon Paint announces acquisition of VIBGYOR Paints and Chemicals.

• What shall be in-store for India for Chemical & Petrochemical Market?
• Examining the export opportunity for the chemical and petrochemical manufacturers in India.
• What shall be the key drivers and barriers to robust market growth?
• What shall be  opportunity for chemical and petrochemical manufacturers in India under industrial gas segment market?
• What shall be the opportunity for chemical and petrochemical manufacturers in India under fertilizer market?
• What shall be the investment opportunities in different segments of chemical industry?
• Identify regional opportunity pockets for chemical and petrochemical manufacturers in India.
• What shall be the market opportunity for organic fertilizers?
• What shall be opportunity as per sizing for adhesive solution providers in India and outlook till 2030?
• What size and scale of track for synthetic dye and pigments market with focus on future outlook till 2030?
• What size and scale of opportunity both domestic and foreign players under plastic and resin of India & outlook till  2030?
• Examining the upcoming demand centers for chemical  and petrochemical industry.
• Competitive profiling of major chemical and petrochemical manufacturers in India.

Industrial Gas Suppliers/Consumers
Fertilizer Manufacturers
Automotive & Defense Sector
Paints & coatings service providers
Adhesives solution service providers
Plastic & resin manufacturers
Agrochemical Manufacturers & Importers
Synthetic Dye & Pigment producers
Refineries & End User Segment
Crude producing companies
Feedstock companies
Utility Solar Power Project Developers
Government & Regulatory Bodies
Research Institutions/Bodies
Funding Bodies/Banks