Product Code: ETC190176 | Publication Date: Jul 2023 | Updated Date: Feb 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 60 | No. of Figures: 40 | No. of Tables: 7 | |
India is one of the largest markets for chemicals and pharmaceuticals in Asia. Due to its large population, growing disposable income, availability of abundant resources such as metal ores, crude oil etc., favourable government policies and huge domestic demand; it has become a major centre for chemical and pharmaceutical manufacturing globally. The India chemical sector consists of both bulk and specialty chemicals with an estimated market size of around US$ 150 billion in 2025. Similarly, the India Pharmaceutical Industry is expected to reach US$ 55 Billion by 2031 witnessing a CAGR (Compound Annual Growth Rate) of 24%.
Government initiatives such as Make In India campaigns have been significant factors that drove growth in this industry over the past few years. This program focuses on improving infrastructure development, reducing corporate taxation rates and cutting red tape which allowed foreign players to establish their presence in India chemical & pharma sectors more easily than before. Moreover, technological advancements along with rising healthcare expenditure further fueled demand for these products across regional boundaries. Additionally, investments from foreign venture capitalists into start-up firms related to biotechnology also played a role since they offer greater opportunities with regards to research & development activities within this field.
Despite being viewed as an attractive investment destination due to various aforementioned benefits; there are certain challenges faced by companies operating within this space primarily owing to lack of regulatory framework governing areas like product safety standards or environmental protection laws etc.. Furthermore inadequate access to capital among small scale units coupled with stringent labour regulations pose additional restrictions on them resulting into high operational costs making it difficult for them compete effectively against larger global rivals who enjoy higher economies of scale advantage compared too local manufacturers.
Major key players contributing towards growth include Reliance Industries Ltd., BASF SE ,Glenmark Pharmaceuticals Ltd., Sun Pharma Industries Ltd.. Covid -19 Impact: The pandemic has had a significant impact on overall economic activity leading into decreased consumption levels among customers resulting into reduced revenues throughout supply chain affecting all stakeholders associated. In addition delayed shipments from China resulted into disruption in production process causing hindrance in timely delivery impacting bottom line profits leading several firms look cost optimization measures either through layoffs or wage cuts while others shifted focus onto online distribution channels seeking alternate revenue streams
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Chemical Pharmaceutical Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Chemical Pharmaceutical Market Revenues & Volume, 2021 & 2031F |
3.3 India Chemical Pharmaceutical Market - Industry Life Cycle |
3.4 India Chemical Pharmaceutical Market - Porter's Five Forces |
3.5 India Chemical Pharmaceutical Market Revenues & Volume Share, By By Drug Type, 2021 & 2031F |
3.6 India Chemical Pharmaceutical Market Revenues & Volume Share, By By Technology, 2021 & 2031F |
3.7 India Chemical Pharmaceutical Market Revenues & Volume Share, By By End User, 2021 & 2031F |
4 India Chemical Pharmaceutical Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 India Chemical Pharmaceutical Market Trends |
6 India Chemical Pharmaceutical Market, By Types |
6.1 India Chemical Pharmaceutical Market, By By Drug Type |
6.1.1 Overview and Analysis |
6.1.2 India Chemical Pharmaceutical Market Revenues & Volume, By By Drug Type, 2021-2031F |
6.1.3 India Chemical Pharmaceutical Market Revenues & Volume, By Small Molecule Drugs, 2021-2031F |
6.1.4 India Chemical Pharmaceutical Market Revenues & Volume, By Biologic Drugs, 2021-2031F |
6.2 India Chemical Pharmaceutical Market, By By Technology |
6.2.1 Overview and Analysis |
6.2.2 India Chemical Pharmaceutical Market Revenues & Volume, By High Throughput Screening, 2021-2031F |
6.2.3 India Chemical Pharmaceutical Market Revenues & Volume, By Pharmacogenomics, 2021-2031F |
6.2.4 India Chemical Pharmaceutical Market Revenues & Volume, By Combinatorial Chemistry, 2021-2031F |
6.2.5 India Chemical Pharmaceutical Market Revenues & Volume, By Nanotechnology, 2021-2031F |
6.2.6 India Chemical Pharmaceutical Market Revenues & Volume, By Other Technologies, 2021-2031F |
6.3 India Chemical Pharmaceutical Market, By By End User |
6.3.1 Overview and Analysis |
6.3.2 India Chemical Pharmaceutical Market Revenues & Volume, By Pharmaceutical Companies, 2021-2031F |
6.3.3 India Chemical Pharmaceutical Market Revenues & Volume, By Contract Research Organizations (CROs), 2021-2031F |
6.3.4 India Chemical Pharmaceutical Market Revenues & Volume, By Other End Users, 2021-2031F |
7 India Chemical Pharmaceutical Market Import-Export Trade Statistics |
7.1 India Chemical Pharmaceutical Market Export to Major Countries |
7.2 India Chemical Pharmaceutical Market Imports from Major Countries |
8 India Chemical Pharmaceutical Market Key Performance Indicators |
9 India Chemical Pharmaceutical Market - Opportunity Assessment |
9.1 India Chemical Pharmaceutical Market Opportunity Assessment, By By Drug Type, 2021 & 2031F |
9.2 India Chemical Pharmaceutical Market Opportunity Assessment, By By Technology, 2021 & 2031F |
9.3 India Chemical Pharmaceutical Market Opportunity Assessment, By By End User, 2021 & 2031F |
10 India Chemical Pharmaceutical Market - Competitive Landscape |
10.1 India Chemical Pharmaceutical Market Revenue Share, By Companies, 2024 |
10.2 India Chemical Pharmaceutical Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |