BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.
Motilal Oswal Report
Globally, the specialty chemicals business accounts for ~20% of the $4 trillion chemicals industry.
From having an insignificant presence (4.5%) in this segment, India’s share in specialty chemicals is expected to double over the next five years – at a ~12% compound annual growth rate to $64 billion by CY25.
Various factors favor the specialty chemicals industry in India, including:
Strong domestic consumption – led by a young population (median age of 28 years), a high percentage (~67%) of which forms the working age group,
Favorable labor cost (one-third that of China / half that of Vietnam), and
Government impetus.
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