Agrochemicals formed the largest specialty chemical segment with a market size of 5.7 billion U.S. dollars in 2014 and forecast to go up to 10.1 billion dollars by 2019. The dyes and pigments segment came second with a forecasted market value of almost five billion dollars by 2019. Overall the specialty chemicals industry was expected to reach around 33 billion dollars by 2019.
Specialty chemical industry included those chemicals that were used in low quantities in the country and were targeted towards specific end-use applications.
Value of market for specialty chemicals across India in 2014, with a forecast for 2019, by segment
(in billion U.S. dollars)
Note: One U.S. dollar is equal to 60 Indian rupees as per the source. However, one Indian rupee is equal to 0.015 U.S. dollars and 0.013 euros (as of September 2019)
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Avendus. (June 1, 2018). Value of market for specialty chemicals across India in 2014, with a forecast for 2019, by segment (in billion U.S. dollars) [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/1045602/india-specialty-chemicals-market-value-by-segment/
Avendus. "Value of market for specialty chemicals across India in 2014, with a forecast for 2019, by segment (in billion U.S. dollars)." Chart. June 1, 2018. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/1045602/india-specialty-chemicals-market-value-by-segment/
Avendus. (2018). Value of market for specialty chemicals across India in 2014, with a forecast for 2019, by segment (in billion U.S. dollars). Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/1045602/india-specialty-chemicals-market-value-by-segment/
Avendus. "Value of Market for Specialty Chemicals across India in 2014, with a Forecast for 2019, by Segment (in Billion U.S. Dollars)." Statista, Statista Inc., 1 Jun 2018, https://www.statista.com/statistics/1045602/india-specialty-chemicals-market-value-by-segment/
Avendus, Value of market for specialty chemicals across India in 2014, with a forecast for 2019, by segment (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1045602/india-specialty-chemicals-market-value-by-segment/ (last visited November 21, 2024)
Value of market for specialty chemicals across India in 2014, with a forecast for 2019, by segment (in billion U.S. dollars) [Graph], Avendus, June 1, 2018. [Online]. Available: https://www.statista.com/statistics/1045602/india-specialty-chemicals-market-value-by-segment/