The Indian market for specialty chemicals has been growing robustly, especially with the China+1 strategy adopted by global players. While China has been the largest market for specialty chemicals for a long time now, there has now been a strategic shift that has positioned India as one of the leading suppliers of specialty chemicals.

As per surveys and reports, the specialty chemical industry already accounts for 47% of the country’s domestic chemical market, and it is expected to grow at a CAGR of 11% in the next five years, which can further make India one of the top destinations for specialty chemicals globally. (Source: Invest India)

In the past decade, many chemical manufacturing companies have also shifted more towards specialty chemicals, as the market holds greater opportun

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