Industrial Chemicals Manufacturing (Iodine, Lactic Acid, Chlorine, Caustic Soda, Nitrofurans, Organic Chemicals, Paint, Varnishes, Resins, Petroleum, Pigments, Polymer, Printing Inks, Potassium Borohydride, P-Xylene, Sulfuric Acid)

Description:

Growth in demand for chemicals in developing countries is high leading to substantial cross border investment in the chemical sector. The chemical industry comprises the companies that produce industrial chemicals. Chemicals are used to make a wide variety of consumer goods, as well as thousands inputs to manufacturing, construction, and service industries. The applications of industrial chemical are in various fields like in organic chemicals, paint, varnishes, resins, petroleum, pigments, printing inks, acrylics polyesters engineering thermoplastics. The chemical industry itself consumes 26 percent of its own output. In modern age chemical industries have permeated most extensively in comparison with other industries and are progressing at a very rapid pace. 

Chemical industry is one of the oldest industries in India. It not only plays a crucial role in meeting the daily needs of the common man, but also contributes significantly towards industrial and economic growth of the nation. The chemical industry forms the backbone of the industrial and agricultural development and

Provides building blocks for downstream industries; it is an important constituent of the Indian economy. The chemical industry in India which generates almost 13% of total national export is growing annually at a growth rate anywhere between 10% and 12%. Global chemical production is growing and the growth is contributed by the chemical industry of developing countries.

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