India’s Chemical Companies are very different, comprising 80,000 commercial products. is broadly divided into Bulk Chemicals, Special Chemicals, Agricultural Chemicals, Petrochemicals, Polymer, and Fertilisers. India’s proximity to the Middle East, the world’s leading source of petrochemical feedstock, is boosting the economy.
Covering about 80,000 commercial products, the Indian industry is very diverse and can be broadly divided into bulk chemicals, specialty chemicals, agricultural chemicals, petrochemicals, polymers, and fertilizers.
1. Aarti Industries Ltd
Aarti Industries Limited (AIL) is an Indian company headquartered in Mumbai, Maharashtra, India. It was founded in 1975. They are basic pharmaceutical companies, chemicals, agricultural chemicals and special chemical. Aarti is one of the leading suppliers of worldwide manufacturers of Dyes, Pigs, Agricultural Chemicals, Chemicals, and Rubber Chemicals. It operates in the United States of America, Europe, Japan, and India. Its subsidiaries include Aarti Healthcare Ltd, Aarti Corporate Services Ltd, and Alchemie Europe Ltd. The company is one of the top 10 chemical companies in India. For more information about the company such as details of senior management, profits, or the number of employees who have subscribed to Fundoodata paid programs.
2. Atul Ltd
Atul Ltd was founded in September 1947. The company is one of the best chemical companies in India with its headquarters in Gujarat. The company is part of the Lalbhai Group. The company operates in two phases – Life Science Chemicals, and Performance and Other Chemicals. The health sciences section contains active pharmaceutical ingredients (APIs), intermediate APIs, fungicides, and herbicides. The working component consists of adhesive adhesives, bulk chemicals, epoxy resins and hardeners, intermediates, fragrances, and textile dyes. With Fundoodata paid programs you can get access to additional information about the company such as staff numbers, profits, decision-makers information, and more. Click here for more information.
3. BASF India Ltd
BASF India Ltd was established in 1865. Its headquarters are in Ludwigshafen, Germany. Its product list includes plastics, refractory materials, crude oil, plant technology, natural gas, chemicals, performance chemicals, etc. BASF is listed on the Frankfurt Stock Exchange, London Stock Exchange, and Zurich Stock Exchange. It is one of the top 10 chemical companies in India. With Fundoodata paid programs you can get access to additional information about the company such as staff numbers, profits, decision-makers information, and more. Click here for more information.
4. GHCL Ltd
In chemistry, the company mainly produces Soda Ash (Anhydrous Sodium Carbonate) which is a major ingredient in Detergents & Glass Industries, as well as Sodium Bicarbonate (baking soda). GHCL Limited was formed on 14 October 1983. The company established itself as a well-established team with a proven track record in the chemical, textile, and consumer products categories.
Its textile function is a straightforward composite set that starts from yarn (yarn), weaving, dyeing, and printing until finished products, such as sheets and duvets, stand out, mainly exported worldwide. Consumer Products’ operations is another GHCL enterprise where it leads the production and sale of edible salt, industrial salt, and Luju in the country. It is one of the Top 10 chemical companies in India.
5. Gujarat Fluorochemicals
Gujarat Fluorochemicals Ltd was established in 1987 and is based in Noida, Uttar Pradesh. Gujarat Fluorochemicals is India’s largest producer of volume (volume) chloromethanes, refrigerators, and polytetrafluoroethylene (PTFE). It is a subsidiary of Inox Leasing and Finance Limited. It has two production facilities in Gujarat, a refrigerator factory in Ranjit Nagar, and a PTFE center in Dahej. It is one of the top 10 chemical companies in India. For more information about the company such as details of senior management, profits, or the number of employees who have subscribed to Fundoodata paid programs.
6. Gujarat Alkalies & Chemicals Ltd
Gujarat Alkalies and Chemicals Limited (GACL) was merged on 29 March 1973 in Gujarat Province by Gujarat Industrial Investment Corporation Limited (GIIC), a wholly-owned state-owned company. of Gujarat, as the Chief Facilitator. It contains integrated production facilities of Caustic Soda, Chlorine, Hydrogen Gas, Hydrochloric Acid, Chloromethanes, Hydrogen Peroxide, Phosphoric Acid, Potassium Hydroxide, Potassium Carbonate, Sodium Cyanide, Sodium Ferrocyanide. With Fundoodata paid programs you can get access to additional information about the company such as staff numbers, profits, decision-makers information, and more. Click here for more information.
7. India Glycols Ltd
India Glycols Ltd is a leading company that manufactures a wide range of chemicals based on raw materials, specialties, and chemicals to work with natural gums, spirits, industrial gases, sugars, and nutrients. The company is one of the top ten chemical companies in India. The company was founded as a single mono-ethylene glycol plant in 1983. Since then, IGL has integrated state-of-the-art technology, innovation, and unwavering commitment to quality, making the most of the products in demand around the world. For more information about the company such as details of senior management, profits, or the number of employees who have subscribed to Fundoodata paid programs.
8. Pidilite Industries Ltd
Pidilite Industries Ltd was established in 1959. Its headquarters are in Andheri, Mumbai. The product list includes Attachments, Structures, and Chemicals. The company’s buildings include Vapi (Gujarat), Kala amb (Himachal Pradesh), and Mahad (Maharashtra). The company’s product portfolio contains more than 1250 chemicals exported to more than 40 countries worldwide. It is one of the top 10 chemical companies in India. The company is also a manufacturer of FeviKwik. A separate Pidilite product list includes-
- Dr. Fixit
- Fevikwik
- Hobby Ideas
- Fevistick
- Moto Max
- Fine art
- Rangeela etc.
- Tata Chemicals Limited
Tata Chemicals Ltd was founded in 1939. Its headquarters are located in Mumbai, Maharashtra. It is one of the top 10 chemical companies in India. The company’s product list includes nitrogenous, chemicals, fertilizers, industrial detoxification products, etc. These products are important industrial ingredients such as glass and cleaning materials. The company is among the main producers of the product type of sodium bicarbonate which is widely used in food, pharmaceuticals, etc.
9. UPL Ltd Company
UPL Ltd was established in 1969. It is one of the top chemical companies in India. The company is based in Mumbai, Maharashtra. It is an Indian international company that manufactures and markets agricultural chemicals, industrial chemicals, chemical intermediates, and specialized chemicals. The company also offers crop protection solutions. The company performs agro and non-agro operations. The company’s products are sold in about 120 countries.
10. Government Chemical Companies in India
The Department of Fertilisers states the following nine public enterprises are as follows:
- FCI Aravali Gypsum & Minerals India Limited (FAGMIL)
- Brahmaputra Valley Fertilizer Corporation Limited (BVFCL)
- The Fertiliser Corporation of India Limited (FCIL)
- Project & Development India Limited (PDIL)
- Hindustan Fertilizer Corporation Limited (HFCL)
- Rashtriya Chemicals and Fertilizers Limited (RCF)
- National Fertilizers Limited (NFL)
- The Fertilizers and Chemicals Travancore Limited (FACT)
- Madras Fertilizers Limited
11. The SRF Limited
SRF is a well-known corporation that was founded in 1970 and works in the country’s specialized chemical industry. Its range is diverse, encompassing technical textiles, packaging films, laminated and coated fabrics, and so on. It is worth noting that the chemical department accounts for 43 percent of SRF’s income. The company’s two main business sectors are specialty chemicals and fluorochemicals. Furthermore, the packaging film industry provides around 40% of the company’s entire income. Furthermore, the firm makes a diverse range of items for a wide range of industrial and FMCG products. Over the previous five years, SRF has enjoyed a 13 percent CAGR in sales and a 23 percent CAGR in earnings. Furthermore, it has maintained a RoE of 19% during the last five years.
12. Deepak Nitrite
Deepak Nitrite is a well-known chemical manufacturing firm based in the Indian state of Gujarat. It is a major producer of specialty, fine, organic, and inorganic chemicals. It also generates a wide range of intermediates for use in paints, industrial explosives, cosmetics, optical brighteners, polymers, and other industries. Furthermore, it has a 70% market share in NitroToluenes and sodium nitrite, making it the largest competitor in the field. Deepak Nitrite has over 700 clients and a product line that includes over 100 items. The firm just became debt-free and has profited at a CAGR of 64.84 percent over the last five years. It also has an appealing ROCE value of 36.6 percent, making it one of India’s most sought-after chemical stocks.
13. Chemicals Alkyl Amines Ltd. (AACL)
Alkyl Amines Chemicals Ltd (AACL) is a 1979 public Limited Listed Company. For the last 30 years, the Company has been manufacturing and distributing diverse aliphatic amines, amine derivatives, and other specialty chemicals. It has three manufacturing locations in Maharashtra and Gujarat, with 12 production plants and accompanying facilities at Patalganga and Kurkumbh. The firm has a research and development center in Hadapsar, Pune. Over the previous decade, the firm has incorporated a number of new product processes created in R&D to increase its product line using in-house technology.
The first factory, at Patalganga, was commissioned in 1982 to produce ethylamines using technology from the Leonard Process Company in the United States. Following that, with the technological know-how of Acid Amines Technologies, USA, the site’s capacity was expanded to produce various amines, and it currently hosts two multifunctional amines facilities with a capacity surpassing 25000 MT/annum. It began construction on its Kurkumbh complex in 1995, where different amines and amine derivatives are presently made in 9 manufacturing facilities with a capacity of more than 70000 MT/annum.
It began operations in 2018 at its Dahej location, where amines are being created in a single manufacturing unit with a capacity of more than 35000 MT/year. AACL is a global provider of amines and amine-based chemicals to sectors such as pharmaceuticals, agrochemicals, rubber chemicals, and water treatment.
14. TATA Chemicals
Tata Chemicals Limited is an Indian multinational corporation.
It is a division of the TATA Group Companies. This corporation was founded in 1938. Tata Chemicals is an Indian chemical company. This company’s headquarters are in Mumbai, India. Chemicals, crop protection, and novel chemical products are of interest to this firm. This corporation is one of India’s major chemical companies. They have activities in India, Europe, North America, and Africa. Tata Chemicals operates India’s second-largest soda ash manufacturing capacity facility.
The activities of this specific Plant began in 1944. Furthermore, Tata Chemicals has owned Brunner Mond, a chemical firm situated in the United Kingdom, since 2006. On March 27, 2008, Tata Chemicals Ltd bought 100 percent of the company. Taking all of these acquisitions into account, manufacturing capacity has grown. This equates to a capacity of 5.17 billion tonnes of soda ash. Furthermore, in 2010, Tata Chemicals paid US$ 290 million for a 25% share in the Ammonia Urea Fertilizer Complex. Gabon is the location of this complex. Tata recently sold its urea business to Pune-based Yara India. This company’s stocks are among the top ten Chemical Stocks in India.
15. Navin Fluorine Intl
Navin Fluorine International was founded in 1967. This firm was founded to manufacture HF, refrigerant gases, and a variety of inorganic fluorides. Navin Fluorine Intl. commenced commercial manufacture of refrigerant gases in 1969. The company’s manufacturing facilities are split across two locations. Surat and Dahej in Western India are two of them. The other is in Dewas, India’s central region. Their Surat factory primarily produces refrigerants including different organic and inorganic fluorides.
The firm claims to have fluorination chemical experience, competence, and knowledge. The company’s primary goal is to create new goods, methods, and technology. The objective is to do so in a cost-effective manner. The firm manufactures 60 fluorinated goods. The goods are subsequently distributed to both domestic and foreign buyers. 40% of their products are shipped to North America, Europe, the Middle East, and the Asia Pacific. Furthermore, this organization strives to maintain high standards of quality, health, safety, and the environment.
Conclusion:
As we highlighted in the outset of this piece, the top chemical firms in India are projected to profit from increased potential and market share. We have supplied you with a list of the best chemical sector stocks in India, as well as a full explanation of the country’s top 15 chemical firms. That’s all there is to it. We hope it assists you in making the best investing decision.
FAQ
Q. What is the future of Chemical Industries in India?
According to government data, the Indian chemical industry is valued at USD 178 billion by 2019 and is expected to grow to USD 304 billion by 2025 with a combined annual growth rate (CAGR) of 9.3 percent. It is expected to attract an investment of Rs 8 lakh crore by 2025.
Q. How many chemical industries are there in India?
Three broad categories of companies exist in the industry – International, and Indian including state-owned enterprises and sub-sectors. There are approximately 125 state-of-the-art pesticide manufacturers in the country, about 60 of which are in the formal sector, and 10 are international.
Q. Which city is famous for its chemical industry?
Mumbai is famous for its petrochemical industry in India.
Q. Is Pidilite a chemical company?
Pidilite Industries Ltd was established in 1959. Its headquarters are in Andheri, Mumbai. The product list includes Attachments, Structures, and Chemicals. The company’s buildings include Vapi (Gujarat), Kala amb (Himachal Pradesh), and Mahad (Maharashtra). The company’s product portfolio contains more than 1250 chemicals exported to more than 40 countries worldwide. It is one of the top 10 chemical companies in India.