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                                                        Industry Profile
What are they?

  • Fine chemicals refer to chemicals prepared to a very high degree of purity for specific applications, and generally cover agrochemicals and active pharmaceutical ingredients , Specialty Chemicals - Chemicals formulated to custom specifications
  • Agrochemicals include insecticides, herbicides, fungicides and other crop protection chemicals
  • Fine chemicals manufacturing can be categorized into two broad segments: Generic drug with predominant focus on  APIs and bulk drugs Contract Manufacturing

Market 

  • The fine chemicals market is poised for rapid growth in the coming decade driven by increased focus on contract manufacturing
  • The Indian pharmaceutical industry is ranked 3rd in the world in terms of production The pharmaceutical industry in India consists of both domestic companies and subsidiaries of multinational corporations. Indian companies manufacture a wide range of
    generic drugs , intermediates and bulk drugs, Active Pharmaceutical Ingredients
  • Demand for oil, paints, textile, rubber sector will fuel demand for specialty chemicals
  • Among the product segments, anti-infective is the largest segment, accounting for 17% of the domestic formulations market. The other large segments are cardio-vascular and gastro-intestinal.

  • Formulations made in India are Dermatology, Central Nervous System, Anti-diabetic Gynecological, Vitamins/ Nutrients, Pain/ Analgesics, Respiratory, Gastrointestinal Cardio Vascular, Anti-infective etc

  • Manufacturing APIs shifting from Europe to countries like India and China due to low cost advantage

  • Minimum economic capacity is low at 2000 - 10,000 tones per annum ; Investment in the range of Rs. 2 crores to Rs. 15 crores required

Rules and Regulations

  • Fine chemicals manufacture of pharmaceuticals and intermediates needs to conform to the Good Manufacturing Practice standards
  • The government has removed licensing requirements, except for hazardous chemicals and a few special drugs.
  • Current information can be checked at The web site of the Government

Products

  • Cardiovascular, oncology, Anti-diabetic, gastro -intestinal, ophthalmic, expectorant, steroids, anti-allergic Antibiotics, central nervous system, anti-TB, Ethylene Diamine Tetra Acetic Acid ,  Diethylene Triamine Penta Acetic Acid,Nitrilo Triacetic Acid, Fe-EDDHA, HEDP, Humic Acid,  speciality chemicals are Catalysis, Gelatin, Leather, Textile Chemicals, Plasticisers, Ossien, Rubber Chemicals, Inks, performance-enhancing additives, special coatings, and photographic chemicals etc

        

Primary Information Services
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