Financial Highlights and Forward Looking Strategy
Industry Outlook
K
Bodal Chemicals Ltd."
The size of the Indian chemical industry is ~USD 163
Billion, wherein Pharma, Agro, Dyes and Pigments, other
speciality and Fine Chemicals contribute around 50%
• Over the past ten years, the Indian chemical industry has
clocked a CAGR of over 10%
Going forward, in the near term, the Covid-19 landscape
is bound to bring some volatility in the market. But, in
longer term, the industry is expected to register a growth
of 13-14% over the next 5 years owing to growth of
strong intellectual property regime and infrastructure
development like warehouses, waste management
facilities and ports
• The growth of the chemical industry is majorly supported
by the uptrend in Dyestuff industry. Textile constitutes
~80% of the total Dyestuff consumption, signifying the
pivotal role it plays in pushing the Dyestuff market value
• Dyes and Pigments are used in varied number of
applications, thus making it safe in terms of any
slowdown in specific end-user industry
In India, Dyestuffs production is growing at a
satisfactory level wherein, Gujarat is a leader with
over 75% market share
• Going forward, the scope for Dyestuffs industry looks
huge with its production volume projected to hit
572.2 thousand tons in 2024, increasing at a CAGR of
9.11% from 2020-2024
Source: Business Today, February 2020 | Economic times,
October 2019 | Maeirvidorno, December 2019 | Trade
Promotion council of India, August 2018 | Financial express,
February 2020 | Economic times, 14th May 2020.
21
www.bodal.comView entire presentation