Different markets in India such as the markets for dyes and pigments, aroma chemicals and solvent extraction have various growth trends which are propelled by various factors. The manufacturing of dyes and pigments is expanding rapidly, more so due to the growing industrialization of the country as well as the expanding textile, leather and paper industries. As the global population continues to increase and disposable income increases, there is increasing need for dyed textiles and printed products, hence the need to find better and eco-friendly dyes. For instance, the textile and chemical industries have benefited from government policies and investment friendly policies that are enhancing the market. Moreover, the knowledge in technology and research is increasing the standard and productivity of dyes production, and the investment is from both domestic and the international market.
Likewise, aroma chemicals market in India is on the path of an extraordinary growth trajectory because of the rising fragrance industry. The rising consumer consciousness about beauty, hygiene and the growing usage of fragrance products in different industries such as cosmetics, home care, and F&B are the major factors that are fueling the demand for aroma chemicals. On the other hand, solvent extraction market is also growing at a fast rate in India due to increasing food processing industries and rising consumption of edible oils. Since India is among the biggest consumers of vegetable oils worldwide, it becomes essential to ensure that efficient methods of extraction are in place to meet the increasing demand.
In the current issue, we introduce you to the top companies in this sector. In this issue, Industry Outlook has identified the select few companies that have done particularly well in this industry with a high level of dedication. We have found that these companies have gone the extra mile in proving their commitment to meet the customer needs in an integrated manner.
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