Speciality Chemicals Market Size, Demand and Impact of PLI Scheme
Specialty Chemicals what makes them so demanding? Twitter Handle: @shuchi_nahar Specialty chemicals are particular chemical products that help in providing a variety of effects to various industries that they cater to such as textile, ink additives, construction, oil & gas, cosmetics, and food. Specialty chemicals can be single-chemical formulations or entities whose composition greatly influences the performance of the customers’ products. These chemicals are used on the basis of their function and performance. Continuous R&D in this market has facilitated the development of products with optimum and advanced features. This is one of the major factors that drive the growth of this market. With the easing of lockdown norms, there has been a good recovery in overall operations of the Indian specialty chemical sector but it’s believed that full normalcy would still take some time especially for industrial chemicals. To seize the opportunity to establish India as a leadin...