Shuchi Nahar's Weekend Blog!

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 leading ch

What's driving the Ethanol madness?  Twitter Handle: @shuchi_nahar In terms of source, the Indian ethanol market has been categorized into sugar & molasses-based ethanol, second-generation (mixed grains) and grain-based ethanol. The energy demand in our country is rising due to an expanding economy, growing population, increasing urbanization, evolving lifestyles, and rising spending power. Based on application, the market has been segmented into industry solvent, fuel & fuel additive, beverages, disinfectant, personal care, and flavouring & fragrance. The target  of achieving 20% Ethanol blending by 2030 has been revised to be achieved by 2025. About 98% of the fuel requirement in the road transportation sector is currently met by fossil fuels and the remaining 2% by biofuels. Today, India imports 85% of its oil requirement. The Indian economy is expected to grow steadily despite temporary setbacks due to the COVID pandemic. Domestic biofuels provide a strategic op

  India's Biotechnology Industry Size, Opportunities, and Investments  Twitter Handle: @shuchi_nahar Link to my previous biotechnology blog: https://myweekendspot.blogspot.com/2021/05/biotechnology-way-towards-bio-based.html India’s Biotechnology Industry The Indian biotechnology industry amounted to US$ 63 billion in 2019 and is forecast to reach US$ 150 billion by 2025, with a CAGR of 16.4%. By 2025, the contribution of the Indian biotechnology industry in the global biotechnology market is expected to grow to 19% from 3% in 2017. Bio-services, which accounted for 15% of the biotechnology industry in India, is becoming a leading destination for clinical trials, contract research, and manufacturing activities in the country. • In FY20, the sector grew 15% year on year • By FY24, the contribution of the Indian biotechnology industry in the global biotechnology market is expected to grow to 19% from 3% in FY18 • India has over 4237+ biotech startups and is expected to have over

Biotechnology – The way towards a Biobased economy Biotechnology companies have developed to form backbone support to the economy of the nation. The bio-economy includes all activities related to the production of biomass and the ways in which the biomass and its residues can be used subsequently. Introduction to Biotechnology There is growing consumer demand for natural products, low-carbon solutions, and bio-based innovation. Industrial biotechnology is a key enabling technology for delivering these solutions. At the same time, there is a huge opportunity for biotechnology aligned with Agriculture & chemical sectors. However, in the modern financial world, biotechnology companies comprise an industry sector collectively known as the biotech. The research, develop, and produce a wide variety of commercial products, though most of them focus on medical or agricultural applications. Green Biotechnology (Agricultural Biotechnology) – Huge growth opportunities ahead Green Biot