DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/zjbmc3/india_chemical_ind) has announced the addition of the "India Chemical Industry 1H12" report to their offering.
India Chemical Industry 1H12 covers the sector overview, policy framework, regulatory environment. It also covers the recent policy initiatives, industry SWOT, and market outlook, plus the profile, comparative matrix, and SWOT analysis of the industry leading players: Tata Chemicals (TTCH:IN;TTCH.NS), United Phosphorus Limited (UNTP:IN;UNPO.NS), Gujarat Flurochemicals Ltd (GFLC:IN;GFLR.NS), Pidilite Industries Limited (PIDI:IN; PIDI.NS).
Executive Summary
India's GDP grew by 5.3% in the fourth quarter of fiscal year 2012, recording its worst performance in last nine years. This slowdown in growth was a result of high inflation, high interest rates and policy paralysis. The Indian chemical industry also experienced a blip as the index of industrial production for chemical and chemical products contracted by 0.4 percent YoY in FY12.
The Indian government sees the chemical industry as an integral constituent of the Indian economy. The government has planned to implement a National Chemical Policy (NCP- 2012) from year 2012, creating a new framework for boosting the growth of chemical industry. The government has entrusted the responsibility of devising this policy to Department of Chemicals and Petrochemicals (DCPC) which is a statutory department under the Ministry of Chemicals & Fertilizers.
Despite of contraction in overall chemical production, chemical exports recorded a strong performance in fiscal year 2012. In the first nine months of fiscal year 2012, export volumes for dyes, intermediates and chemicals crossed a figure of USD 2.8 billion. In the same period, plastic and linoleum products recorded export volumes of around USD 4.9 billion while agro chemicals registered export volumes of around USD 4.0 billion. We expect the total chemicals and petrochemicals export volume to cross the INR 950 mark billion by the end of FY13. However, rising crude oil and global commodity prices increased the expenses of companies. The wholesale price index for chemical and chemical products grew by 4.7 percent between June 2011 and March 2012.
In FY12, Tata Chemicals Limited, United Phosphorus Limited, Gujarat Fluorochemicals Limited and Pidilite Industries Limited were the four leading players in the industry, based on market capitalization. Tata Chemicals continued to lead the industry by recording operating revenues of around INR 138 billion, a YOY growth of 25 percent. Gujarat Fluorochemicals recorded the highest net profit growth of 187 percent YoY among the four players. Meanwhile, United Phosphorus Limited recorded a 32 percent growth YoY in its consolidated revenues which reached a figure of INR 77 billion. Pidilite Industries had a revenue growth of 19 percent in the same period.
Key Topics Covered:
1. Industrial Profile
2. Market Trends and Outlook
3. Leading Players
3.1. Tata Chemicals Limited
3.2. United Phosphorus Limited
3.3. Gujarat Fluorochemicals Limited
3.4. Pidilite Industries Limited
3.5. Key Financial Information on Leading Players
3.6. Comparative matrix
3.7. SWOT analysis of leading players
For more information visit http://www.researchandmarkets.com/research/zjbmc3/india_chemical_ind