The Specialty Chemical Industry has been an important part of the Indian Chemical Industry landscape. As per the recent estimates, India’s Specialty chemicals market has huge potential and could be closer to US$100-billion market by the year 2025. The growth is likely to be driven by an average growth of 15 per cent CAGR in the user industries. Additionally, there is a good opportunity for exports across western countries as the majority of chemical consuming countries are now looking at de-risking their supply chain.

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