ChemExpo India 2025: How Global Shifts Are Redefining India’s Chemical Industry
ChemExpo India 2025, currently being organised in Mumbai on April 29–30 at the Bombay Exhibition Centre, is one of the pivotal events for the Indian chemical industry. Organized by ChemExpo Exhibitions Pvt. Ltd. and presented by Chemical Weekly, the expo brings together stakeholders from bulk, fine and specialty chemical sectors, including both domestic and international companies.
The event serves as a platform to showcase innovations, foster collaborations and discuss challenges and opportunities within the industry with concurrent exhibitions on chemical process technology, equipment & supplies as well as chemical warehousing, transport and logistics.
The expo will see over 500 Indian & international companies participating as exhibitors seeking new business partners and evaluating strategic long-term relationships. Over 30,000 visitors from the agrochemicals, dyes & pigments, inorganic chemicals, textile chemicals, plastics and over 15 such chemical industry segments are expected to network with the exhibitors and stakeholders at the event.
Impact of U.S. Tariffs
The recent imposition of a 26% tariff on Indian chemical exports to the U.S. by President Donald Trump’s administration has significant implications. Previously, U.S. duties on Indian chemicals ranged from 1.06% to 3.5%, making this a substantial increase. This move aims to mirror tariffs imposed by other nations on U.S. exports, affecting India’s chemical sector, a key export industry. In FY24, chemical exports to the U.S. were valued at approximately $5.71 billion. The increased tariffs raise the cost of Indian chemical exports, potentially reducing demand for specialty chemicals and intermediates.
India’s chemical industry is also influenced by its economic relationship with China. Following the recent border disputes since 2020, India and China have worked towards normalizing ties, recognizing the importance of economic cooperation. India has a competitive edge in IT, software and biomedicine, while China excels in electronic manufacturing and emerging industries. Stability in economic ties is crucial, especially in the context of global trade tensions and shifting supply chains.
Focus on Sustainability
Sustainability is a growing focus within the Indian chemical industry. The government has introduced initiatives like the BioE3 policy and increased funding for research and development through programs like the Anusandhan National Research Foundation (ANRF). These efforts aim to promote eco-friendly practices and innovation. Small and Medium Enterprises (SMEs), which form the backbone of the industry, face challenges in adopting sustainable practices due to limited resources. However, support from government policies and industry collaborations can facilitate this transition.
Policy Initiatives and Industry Outlook
The Indian government is actively promoting the growth of the chemical industry. Plans include setting up petrochemical complexes around the country’s 22 refineries, addressing the trade deficit in the petrochemical sector. The industry is projected to receive further investments amounting to ₹8 lakh crore by 2025. India has established itself as a trusted manufacturer and global supplier of various chemical products, contributing significantly to the nation’s commitment to green technology and net-zero emissions by 2070.
India’s chemical industry, currently valued at US$ 220 billion, is projected to reach US$ 300 billion by 2030. The specialty chemicals segment, in particular, is expected to grow at a CAGR of 12% to reach US$ 64 billion by 2025, driven by increasing demand from end-user industries such as pharmaceuticals, personal care, and agriculture. With supportive policies, investment in infrastructure, and a focus on sustainability, India is poised to become a global hub for chemical manufacturing.
ChemExpo India 2025 is supported by influential industry bodies which are major stakeholders in the Indian Chemical industry – like Indian Speciality Chemicals Manufacturers Association (ISCMA), Process Plant & Machinery Association of India (PPMAI), Association of Multimodal Transport Operators of India (AMTOI), Chemical & Alkali Merchants Association (CAMA) and others.
The event serves as a testament to the Indian chemical industry’s resilience and adaptability in the face of global challenges. By fostering dialogue, showcasing innovation and promoting collaboration, the expo plays a crucial role in shaping the future of the Indian chemical industry.
