ABOUT CPX

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ABOUT CPX 2025

The Chemicals and Petrochemicals (CPC) sector in India plays a vital role in the country's economic development, acting as a cornerstone for various industries such as agriculture, pharmaceuticals, automotive, electronics, and construction. The rise in domestic demand, coupled with efforts to achieve strategic self-sufficiency, has led to substantial growth in the CPC market. Considering the evolving geopolitical dynamics within the global specialty chemicals arena, India's chemical industry is presented with numerous immediate opportunities to strengthen its position in the Global Value Chain (GVC). This can be accomplished by capitalizing on its competitive advantages, including low manufacturing and labor costs, along with the adoption of sustainable practices.

Key Highlights

India is 6th largest chemical producer in the world, 3rd largest in Asia and 4th largest producer of agrochemicals globally.

CPC Sector is contributing 7% to India’s GDP.

Chemicals and petrochemicals demand in India is expected to nearly triple and reach US$ 1 trillion by 2040.

CPC sector is growing at a CAGR of ~9-10% and specialty chemicals expected to grow at ~11-12% CAGR

With global companies seeking to de-risk their supply chains, which are dependent on China, the chemical sector in India has the opportunity for a significant growth.

Rise in demand for speciality chemicals from end-user industries. India’s specialty chemicals companies are expanding their capacities to cater to rising demand from domestic and overseas markets.

Government Initiative

-100% FDI permitted under the automatic route is attracting substantial foreign investment, especially in specialty and performance chemicals

Promotion of Petroleum, Chemicals and Petrochemicals Investment Regions (PCPIRs).

PLI Scheme for Specialty Chemicals

Emphasis on green chemicals, circular economy, and import substitution

Considering the available opportunities for the sector, CII is organising Chemicals & Petrochemicals Expo 2025, India's premier international exhibition and conference focused on Chemicals, Petrochemicals, Process Plant Machinery, Composites, and Fiber Glass technology and equipment scheduled during 12 – 14 November 2025 at MMECC, Gandhinagar, Gujarat. The 3-day exhibition will bring together industry leaders, manufacturers, suppliers, buyers, and government officials to explore the latest products, technologies, and investment opportunities.