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Chemicals Industry

Chemical Industry In India

Basic chemicals and their related products (petrochemicals, fertilisers, paints, varnishes, glass, perfumes, toiletries, pharmaceuticals, etc.) constitute a significant part of the Indian economy. Among the most diversified industrial sectors, chemicals cover an array of more than 70,000 commercial products.

India is the sixth largest producer of chemicals globally and third largest producer in Asia in terms of output. The country ranks third globally in the production of agro chemicals and contributes around 16 per cent to the global dyestuff and dye intermediates production.

Key Markets and Export Destinations

Total exports of dyes and dye intermediates, organic and inorganic chemicals, including agro chemicals, cosmetics and toiletries, essential oils and castor oil, stood at US$ 19.09 billion during the year 2018-19 and stood at US$ 11.06 billion during April-October 2019 (provisional).

The US, the UAE, the UK, Bangladesh and Saudi Arabia are the leading importers of cosmetics, toiletries and essential oils.

Export Highlights

Chapter No./Panel
2018-19
Values in USD Bn
(32) Dyes
2.54
(29) Dye Intermediates
0.27
(28) Inorganic chemicals
1.07
(29) Organic chemicals
9.33
(38) Agro chemicals
3.16
(33) Cosmetics, (34) Toiletries 
1.67
(33) Essential oils
0.17
(15) Castor oil
0.88
Total
19.09


BASIC CHEMICALS, PHARMACEUTICALS AND COSMETICS EXPORT PROMOTION COUNCIL

The promotion of product groups such as dyes and dye intermediates, basic inorganic and organic chemicals, including agro-chemicals, cosmetics, toiletries, essential oils, incense sticks, castor oil and its derivatives, is handled by the Basic Chemicals, Cosmetics & Dyes Export Promotion Council, which is popularly known as CHEMEXCIL. The Council organises promotional events and fairs to help exporters identify potential markets abroad and providing publicity and marketing back-up.

 

Source: India Brand Equity Foundation


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