Gallery - Chemical Industry Outlook 2024
Overview
The Indian Chemical industry has a huge role to play to make India a US $30 trillion economy by 2047 by contributing around US $1 trillion by 2040. The industry is currently pegged at US $220 billion and is growing at a CAGR of 9.3%. As the sector plays a significant role in enabling the growth of the Indian economy, the country needs to build a competitive landscape for the chemical industry.
Be it China-Plus-One strategy that seeks to develop alternate manufacturing hub, and India is pitted to be its biggest beneficiary, countries, and companies are seeking to diversify and de-risk their supply chains, changing geopolitics, trade war, increasingly stringent environmental norms, and increasing compliance and labour costs for manufacturers in China, or demand driven by growth in domestic chemical consumption in India, the Indian Chemical industry is in massive tailwind for unprecedented growth in the coming years.
Besides, the critical growth support that Chemical industry extends to a vast number of other industries helping produce almost 100,000 products, strengthens sector’s untapped potential and massive growth opportunity in India in the coming years. The sector will be integral to Government’s aspiration of developing an ‘Aatmanirbhar Bharat’ as well as growth aspirations of making India a US $30 Trillion economy by 2047.
Chemical Industry Outlook 2024
The fourth edition of Indian Chemical News (ICN) Compendium titled “Chemicals Industry Outlook 2024,”an exclusive collection of premium content for CXOs in the chemicals, petrochemicals and energy sector, will highlight the role of the industry and its contribution to the Indian economy.
The theme of this year’s edition is ‘Achieving US $1 Tn by 2040’. The Compendium will provide an in-depth analysis of chemicals, petrochemicals and energy sectors by featuring industry leader’s perspectives, interviews from leaders in the government, industry, academia, associations, and R&D organizations amongst others.
It will also focus on digitalization, automation, technology, green, sustainability, supply chain & logistics, paints & coatings, dye & dyestuffs, hydrogen and electric vehicles etc.The ICN Chemical Industry Outlook will be released in April 2024 and copies of the same will be distributed to key industry stakeholders through both offline and online channels.
The Compendium Outlook will also be available in digital format on Indian Chemical News website (www.indianchemicalnews.com).
Compendium Format
- Print Version
- E-Version
- Microsite
Targeted Distribution
- Print Edition: 10,000-12,000 Copies
- E-version: 45,000 Subscribers
Targeted Audience Profile
- Senior to Mid-level Executives
- Government Policy Makers
- Industry Associations, Think Tanks & Media
Key Industry Segments
- Chemicals
- Petrochemicals
- Energy
- Sustainability & Circular Economy
- Hydrogen & Bio-energy
- Digitalization & Automation
- Supply Chain & Logistics
- EV & Battery
- Fertilizers
PARTNER - 2024
Gallery - Chemical Industry Outlook 2023
Latest News
FMC to sell India crop protection business to Crystal Crop for Rs. 2,375 Cr
Crystal Crop Protection will acquire FMC India's commercial operations in the crop protection field, including a license to FMC's brands sold in India
Coromandel FY26 total income rises 30% to Rs. 31,827 crore
The company strengthened its manufacturing backbone during the year by commissioning a 2,000 tonnes-per-day sulphuric acid plant and a 650 TPD phosphoric acid plant at Kakinada in the fourth quarter
Shell powers through energy market turmoil with $6.9 billion profit & $3 billion buyback
Chemicals & Products delivered $1.9 billion, Marketing added $1.3 billion and Renewables & Energy Solutions posted $348 million
Solvay holds steady in Q1 2026 as cost discipline offsets softer demand
Net profit from continuing operations dropped to €78 million from €102 million a year earlier
Plenitude accelerates renewables expansion energy transition push
The company reporting a pro forma EBITDA of approximately €1.1 billion
MAIRE-backed Nextchem wins major US clean-fuels tech contract for DEF production plant
The project will feature a 700 short tons per day (STPD) nameplate urea melt plant using Nextchem’s NX STAMI Urea technology,
Topsoe and BioVeritas forge deal to scale renewable fuel production from waste biomass
The partnership brings together Topsoe’s HydroFlex technology and the BioVeritas Process,
Corteva Q1 2026 growth net sales up by 11% to $4.90 billion
Reaffirms outlook as breakup plan advances towards year-end split
India and EU launches Rs. 169 crore joint initiative to strengthen EV battery recycling
The call for proposals aims to secure critical raw materials, accelerate global transition to a circular economy, and strengthen bilateral relations between India and the European Union
Chintan Gosaliya appointed CEO (Designate) - Overseas Chemicals at Aditya Birla Chemicals Thailand
Before joining Aditya Birla Chemicals, Gosaliya held several high-level leadership roles in Paushak Limited (Alembic Group), Jubilant Ingrevia Ltd. and Tata Chemicals Limited
Safic-Alcan expands in India with majority stake in SA Ingredients
The deal brings SAI — a key distributor serving pharmaceutical and nutraceutical manufacturers — into the Safic-Alcan Group’s expanding Asia footprint
KSB opens FY26 with steady Q1 performance with strong order wins across core segments
A key order received for an IOCL Gujarat project, strengthening presence in core energy infrastructure
