The global chemical industry, estimated at about US$ 4 trillion (standing at US$4.2 trillion in 2014, with Asia contributing at more than half), is amongst the fastest growing sectors of the manufacturing industry.
Chemical industry is an important constituent of the Indian economy. Its size is estimated at around US$ 108 billion approx., which is equivalent to about 10% of India’s GDP. The total investment in Indian Chemical Sector. Which could grow at 10% p.a to reach a rise of $300 billion by 2019. (10% of global industry) apart from existing is expected at $200 trillion and estimated employment generation of between 9-10 million jobs.