List of Top Chemical Companies in India (2024)

The Chemical industry in India is very diversified, covering quite 80,000 commercial products. it's broadly classified into Bulk chemicals, Specialty chemicals, Agrochemicals, Petrochemicals, Polymers, and Fertilizers. India’s proximity to the center East, the world’s source of petrochemicals feedstock, makes for economies of scale.

Covering quite 80,000 commercial products, India’s industry is extremely diversified and may be broadly classified into bulk chemicals, specialty chemicals, agrochemicals, petrochemicals, polymers, and fertilizers.

India accounts for ~16% of the world's production of dyestuffs and dye intermediates. Indian colorants industry has emerged as a key player with a worldwide market share of ~15%.

India’s proximity to the center East, the world’s source of petrochemicals feedstock, enables it to profit on economies of scale.

The Indian chemicals industry stood at US$ 178 billion in 2019 and is predicted to succeed in US$ 304 billion by 2025 registering a CAGR of 9.3%. The demand for chemicals is predicted to expand by 9% once a year by 2025.

In September 2020, the assembly of key chemicals was 8,36,435 MT and petrochemicals was 17,26,502 MT.

India may be a strong global dye supplier, accounting for about 16% of the planet's production of dyestuff and dye intermediates. The Chemical industry in India has been de-licensed apart from a few hazardous chemicals. The petrochemicals demand is expected to record a 7.5% CAGR between 2019 and 2023, with polymer demand increasing by 8%.

Upcoming Petroleum, Chemicals and Petrochemicals Investment Regions (PCPIRs) and Plastic parks will provide state-of-the-art infrastructure for the Chemicals and Petrochemicals sector.

The Chemicals and Petrochemicals market is projected to succeed in $300 bn by 2025.

Indian ranks 9th in export and 6th in import of chemicals (Excluding Pharmaceuticals products) globally.

Export of chemicals and chemical products grew at a CAGR of seven .2% between FY16 and FY20 (source investindia)

The demand for chemical products is predicted to grow at approximately 9% p.a. during 2020-25.

The top 10 chemical companies in India are the following:

  1. Tata chemicals

  2. Pidilite Industries

  3. Gujarat Alkalies and Chemicals Limited

  4. BASF India Ltd.

  5. UPL Limited

  6. P I Industries

  7. Solar Industries India Limited

  8. Aarti Industries Limited

  9. Coromandel International Ltd

  10. Atul Ltd.

There are more than 11,000+ chemical Companies in India and over 18,000+ chemical Companies in the United States.

Let's have a look at the list of chemical companies in India with their key decision-maker contact information.

Get contact information of Top decision makers like Founder, CEO, CFO, CMO, CTO, Marketing head, HR head, Finance head along with headquarters, no of employees, revenue, founded year, industry in these companies.

Below are the 100 companies with their top management contact details.

List of Top Chemical Companies in India (2024)

FAQs

Which is the biggest chemical company in India? ›

Top Chemical Stocks in India in 2024 as per Market Capitalisation
S.No.Chemical Stocks in India (as per market capitalisation)
1.Pidilite Industries
2.SRF Ltd
3.Gujarat Fluorochemicals
4.Deepak Nitrite
2 more rows
Apr 9, 2024

What are the 5 chemical companies? ›

Top 10 Chemical Companies
  • BASF. The most classic example of “pure” applied engineered chemistry… ...
  • DowDuPont (Dow Chemical - DuPont) Dow/DuPont has Revenue Increase $60.278 billion. ...
  • Sinopec China. ...
  • SABIC. ...
  • Ineos. ...
  • Formosa Plastics. ...
  • ExxonMobil (Chemical Branch) ...
  • LyondellBasell.

What are the top companies in chemicals? ›

Top fifty producers by sales (2021)
RankCompanyHeadquarters
1BASFGermany, Ludwigshafen am Rhein
2SinopecChina, Beijing
3DowUnited States, Midland, Michigan
4SABICSaudi Arabia, Riyadh
46 more rows

What is the rank of India in chemical industry? ›

Ranked 6th globally in chemical production, 3rd in Asia, and 14th in exports, India's chemical sector is a vital hub for various industries like textiles, paper, paints, pharmaceuticals, and agrochemicals. In agrochemicals, India is the 4th largest producer, manufacturing over 50% of technical-grade pesticides.

Who is the king of chemicals in India? ›

Hence, Sulphuric acid ( H 2 SO 4 ) is known as king of chemicals.

What is the top 5 chemical industry? ›

Below we provide more detail on each of the companies.
  1. BASF SE. ...
  2. Dow Chemical Company. ...
  3. Sinopec Group. ...
  4. Saudi Basic Industries Corporation (SABIC) ...
  5. ExxonMobil Corporation. ...
  6. China National Chemical Corporation (ChemChina) ...
  7. LyondellBasell Industries N.V. ...
  8. DuPont de Nemours, Inc.
May 11, 2023

What is Asia's largest chemical factory? ›

China's Sinopec retained its position as Asia's largest chemical firm and climbed up four places to emerge as the world's fourth-largest chemical company. The state-owned firm is well placed to rise further as it has a string of new projects to complete over the next few years.

What is the richest chemical company in the world? ›

BASF SE topped Chemical Week's Billion-Dollar Club ranking of the chemical industry's top companies by sales for the seventh time in the past 10 years in 2022. BASF has only been knocked off its perch by the short-lived combination of Dow Inc. and DuPont de Nemours, Inc.

What are the 4 major types of chemical industries? ›

It includes industries for petrochemicals such as polymers for plastics and synthetic fibers; inorganic chemicals such as acids and alkalis; agricultural chemicals such as fertilizers, pesticides and herbicides; and other categories such as industrial gases, speciality chemicals and pharmaceuticals.

What is the oldest chemical company in the world? ›

Merck was founded in 1668 and is the world's oldest operating chemical and pharmaceutical company, as well as one of the largest pharmaceutical companies globally. Merck operates in Europe, Africa, Asia, Oceania and the Americas.

Who is the No 1 company of India? ›

Reliance Industries, a conglomerate holding company, is the largest company in India by market cap. It operates in various sectors, including energy, petrochemicals, textiles, natural resources, retail, and telecommunications.

Who is the chemical billionaire in India? ›

Other specialty chemicals billionaires include Deepak Mehta of Deepak Nitrite; Ashok Boob of Clean Science and Technology; Yogesh Kothari of Alkyl Amines and Vinod Saraf of Vinati Organics.

Which chemical has highest demand in India? ›

Inorganic Chemicals: An inorganic chemicals segment has high demand and is most opportunistic for India. Its various sub-segments, like Fluorine, Sodium, and caustic, are expected to grow at a CAGR of 10% by 2040.

What is the world's largest chemical company? ›

The largest chemical company in the world is BASF Catalysts, with a revenue of $93.0 billion. As of 2021, the global chemical industry has a market size of $4.7 trillion. Over 10 million new chemical compounds are produced per year.

Top Articles
Latest Posts
Article information

Author: Cheryll Lueilwitz

Last Updated:

Views: 5584

Rating: 4.3 / 5 (74 voted)

Reviews: 81% of readers found this page helpful

Author information

Name: Cheryll Lueilwitz

Birthday: 1997-12-23

Address: 4653 O'Kon Hill, Lake Juanstad, AR 65469

Phone: +494124489301

Job: Marketing Representative

Hobby: Reading, Ice skating, Foraging, BASE jumping, Hiking, Skateboarding, Kayaking

Introduction: My name is Cheryll Lueilwitz, I am a sparkling, clean, super, lucky, joyous, outstanding, lucky person who loves writing and wants to share my knowledge and understanding with you.