Today, the chemical industry directly contributes to global GDP, thus making it the fifth-largest manufacturing sector in the world. India has one of the world's largest chemical markets. The chemical industry is the backbone of India’s industrial development. More than 80,000 chemicals are produced in the country and used in a variety of industries such as healthcare, textiles, electrical and electronics, agriculture, packaging, automotive pharmaceuticals, construction. The Chemical industry in India is expected to grow at 9.3 percent per annum to reach $304 billion by FY 2025. The market size of the Chemicals & Petrochemicals sector in India was around $165 billion during 2019-20 and is expected to grow to $300 billion by 2025. Till 2024, the chemical market will potentially touch every nook and cranny of the country’s economy and it will play an important role in shaping the lives of individuals and India’s overall chemical output. In terms of demand, the industry has grown approximately 1.3 times the country’s average GDP growth in the last five years, and going ahead it will reflect a strong linkage with the GDP.
Our subscribers play a decisive role in finalization of our annual list of "Top 10 Chemical Startups - 2022" by recommending those which have served them with excellence and are praiseworthy. If you feel there is a company that deserves to be on our annual list, do write to us about them mentioning their value proposition.
Rajneessh Thakur
Director, BMLS Chemtech
One of the leading chemical sourcing companies in India that keeps no stone unturned to meet the diverse expectations of its clients
Dr. Viswanath K
Managing Director, Briti Scientific
An ISO 9001:2015 and ISO/IEC 17025:2017 certified chemical manufacturing company known for offering high quality specialty chemicals at comparatively low prices
Amit Tyagi
Managing Director, Indian Peroxide
One of the leading manufacturers and suppliers of Hydrogen Peroxide, with a world-class capacity of 150 TPD
Aaquib Iqbal & Shyam Mohan Singh Parihar
Co-Founders, Mobelchem Specialty
Well-known in the market for its adhesives and sealants which include Epoxy resin, Toluene di-isocyanate (TDI), Methylene diphenyl diisocyanate (MDI), Silane coupling agent, and Silicone Oil
Makarand Kulkarni
CEO, Polygenta Technologies
A leading manufacturer of Polyester Filament Yarn (PFY) using post-consumer PET bottles as its feedstock
Divyakant Ramniklal Zaveri
Director, Sebacic India
An ISO 9001:2008 Certified Company and a leading manufacturer and exporter of Sebacic Acid with complete compliance to Indian EPA laws
Ruben Mohapatra
Head, Strongman Chemicals
Offering complete bonding and sealing solutions with major chemistry like reactive polyurethane, hybrid, silicone, epoxy and methacrylate base products
Harshad Vora
Chairman, Synergia Life Sciences
A specialist in manufacturing, promotion, marketing and supply of innovative health and lifestyle solutions
Manish Kumar
MD & CEO, TT Inks & Chemicals
Specialist in manufacturing various grades of cost- effective and Environmental-friendly Water-Based Inks, UV Inks and UV/WB Varnish/Coating
Rangaraj Sripathi
Managing Director, Vinner Labs
An ISO 9001:2015 certified company and also the first in the personal care industry to introduce functionally effective molecules
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