Indian Chemical News is organising a panel discussion on “Battery, Semicon and Bio-based Chemicals: The New Growth Frontiers” during ‘NextGen Chemicals & Petrochemicals Summit 2024’ on July 11, 2024. The 4th Edition of NextGen Chemicals & Petrochemicals Summit 2024 will be held on July 11-12, 2024 at the Novotel Mumbai International Airport, Mumbai. The theme of this year’s Summit-cum-Conference is "Transforming India into a Global Manufacturing Hub.”

Please register for the Summit by clicking on the link (https://www.indianchemicalnews.com/nextgen-chemical-and-petrochemical-summit-2024/register.php). 

Points to be covered during the session are: Current market trends; Growth opportunities & challenges; EV, green transportation and battery chemicals; Demand for semicon chemicals; Bio-based chemicals & sustainability; Technological advancements; and R&D as a driving force. 

Speakers for Battery, Semicon and Bio-based Chemicals: The New Growth Frontiers Session during the 4th Edition of NextGen Chemicals & Petrochemicals Summit organised by Indian Chemical News, India's No. 1 news portal on Chemical, Petrochemical and Energy are: Ashwin C. Shroff, Executive Chairman, Excel Industries Ltd.; Dr. Sangeeta Srivastava, Executive Director, Godavari Biorefineries Ltd.; Nitin Sharma, CEO & General Manager, Clariant IGL Specialty Chemicals Pvt. Ltd.; Kalpesh Pandya, Vice President & Business Head – Cathode materials, Epsilon Advanced Materials Pvt. Ltd.; Darshit Jaju, Head – Battery & Renewable Energy, Hindalco Industries Ltd.; Varun Mehta, AGM, Neogen Ionics; and Hemant Waghela, Business Manager-Adsorbents India, Clariant India. The moderator of the session is Avinash Nayak, Partner, Kearney. 

Battery chemicals, semiconductor chemicals and bio-based chemicals are indeed considered as potential growth frontiers in the field of energy and materials. These are emerging as growth drivers for chemical companies.

The India Battery Market size is estimated at US$ 7.20 billion in 2024, and is expected to reach US$ 15.65 billion by 2029, growing at a CAGR of 16.80%. India is expected to be a major investment hotspot for battery companies in the coming years because government policy-level support encourages the manufacturing sector.

With the increasing demand for electric vehicles (EVs) and grid-scale energy storage, battery technology has become a crucial area of focus. Advancements in battery chemistry, such as lithium-ion batteries and emerging technologies like solid-state batteries, are expected to drive the growth of clean transportation and enable the integration of renewable energy sources into the electricity grid.

The semiconductor industry plays a vital role in powering various technological advancements. Semiconductor chemicals, such as silicon wafers, photoresists, and etching agents, are essential in the fabrication and assembly of semiconductor devices. As demand for semiconductors grows for applications in areas like artificial intelligence, 5G networks, and Internet of Things (IoT), the demand for semiconductor chemicals is also expected to rise.

With the right vision, India’s chemical industry can not only power India’s semiconductor sector, but also be a valuable part of the global chain. The chemical industry is a vital part of the semiconductor industry. It has the potential to enrich the semiconductor industry with basic chemicals, specialty chemicals, equipment, infrastructure and even a skilled workforce.

Bio-based chemicals, also known as renewable chemicals, offer a more sustainable alternative to traditional petrochemical-based compounds used in various industries, including plastics, textiles and pharmaceuticals.

The production of bio-based chemicals reduces dependence on fossil fuels, lowers emissions, and promotes the efficient use of resources. As sustainability becomes a priority for many industries, the demand for bio-based chemicals is expected to grow.

These growth frontiers are driven by factors such as environmental concerns, technological advancements, shifting consumer preferences, and supportive government policies aiming to promote sustainable and cleaner alternatives. Investing in these sectors could offer significant opportunities for innovation, economic growth, and a more sustainable future.

The Summit is supported by DCM Shriram Chemicals as principal partner, Somaiya Vidyavihar University as academia partner, Cadmatic as platinum partner and Andhra Pradesh Economic Development Board (APEDB), Govt. of Andhra Pradesh as state partner. 

Gold partners for NextGen Chemicals & Petrochemicals are: Epsilon Carbon, Forbes Marshall, Gharda Chemicals, Indofil Industries, Ingenero, IPCO, Jaaji Technologies, Moglix, PIP, Port of Antwerp - Bruges, RIECO and Re Sustainability. Associate Partners are: HPCL and Nuberg EPC. Supporting partners are: Aarayaa Advisory Services, Archroma, India Glycols and Tata Steel Special Economic Zone and industry association partners are: ACFI, AMAI, CropLife India, Gujarat Chemical Association and PMFAI.