Petrochemicals: The story ahead
Post new topic Reply to topic
   Chemical Community Forum Index : Chemistry forum
View previous topic :: View next topic  
Author Message
bejoy
Sr. Staff Member
Sr. Staff Member


Joined: 27 Oct 2014
Posts: 107
Reply with quoteFind all posts by bejoy

Petrochemicals: The story ahead


Petrochemicals play a vital role in shouldering the growth of any economy by being the backbone to some of the crucial industries including agriculture, infrastructure, healthcare, textiles and consumer durables. The exuberant growth of the Indian economy cannot be spoken without mentioning the role that petrochemical industry has and is expected to play in this journey.

The petrochemical industry has its own growth story to tell. This industry contributes about 30 percent to India's chemical industry which is likely to become $250 billion by 2020. In this journey, the petrochemicals industry itself is expected to reach $100 billion by 2020 growing at a compounded annual growth rate (CAGR) of about 14 percent, according to a study by the ASSOCHAM.

Read more: https://goo.gl/wEXF53
Back to top
View user's profileSend private message
Display posts from previous:   
Post new topic Reply to topic
   Chemical Community Forum Index : Chemistry forum Page 1 of 1

 
Jump to:  

Chemical portal