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
  • Micro Site

...
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
...

Gallery - Chemical Industry Outlook 2023

Latest News

Huntsman expands TPU distribution with Wobatek

The new arrangement underscores Wobatek’s expertise in delivering innovative engineering thermoplastics for injection molding and niche technical applications.

Trinseo to sell chemically recycled styrene monomer in Europe

Announces availability of polystyrene, ABS, and SAN for sale produced with Indavers’ chemically recycled monomer through depolymerization

Arkema unveils new solution to redefine polymer curing

Luperox Neatcure is designed for both continuous curing processes (extrusion and salt bath or continuous vulcanization lines)

Borealis expands cross-linked polyethylene production in Sweden

The expansion adds new capacity for medium-, high- and extra-high voltage (MV, HV, and EHV) applications;

INEOS Chairman Ratcliffe seeks Europe's politician intervention to save chemical industry

21 major European chemical sites are already shutting, representing over 11 million tonnes capacity, with more to follow

Air Liquide invests $50 million to support new long-term hydrogen supply agreements

The investment will allow strategic upgrades to its pipeline system and new compression and distribution equipment

Geno partners with Sojitz to accelerate commercialization of Nylon-6

Sojitz has made a strategic financial investment to accelerate time-to-market

HURL empowers youth through skill development under project Saksham

The ceremony witnessed the placement of 75 trainees with leading plastic processing industries across India

Clean Energy Technologies bags EPC contract for battery energy storage projects in New York

The company anticipates that each site is expected to integrate 5MW / 20MWh of energy storage

Cabot strengthens manufacturing capabilities circular reinforcing carbons

Company further advances its global network of ISCC PLUS certified sites to enable sustainable offerings

Avaada Group inks Rs. 36,000 crore MoU with Govt. of Gujarat to set up solar, wind and BESS projects

Avaada Group will establish 5 GW capacity of solar power projects, 1 GW capacity of wind power project and 5 GWh capacity of BESS projects across Kutchh, Banaskantha and Surendrangar districts of Gujarat

Aramco completes acquisition of additional 22.5% stake in Petro Rabigh for $702 million

Aramco becomes largest shareholder, enhancing its ability to support Petro Rabigh’s transformation