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2021 promises to be the year of economic revival for the Chemical Industry

2021 promises to be the year of economic revival for the Chemical Industry

by avachem, April 6, 2021

India Inc. has reacted positively to the Union Budget and deeming it well-rounded and holistic. The budget embraces all sectors through different measures to boost economic activity. Despite the effects of the pandemic, the government has given the industry a long term vision to work towards and a strategic road … Continue reading

Filled under : AVA
The perfect storm – More headwinds ahead for the chemical industry

The perfect storm – More headwinds ahead for the chemical industry

by avachem, March 26, 2021

Last year, we witnessed an unprecedented global disruption as the pandemic brought supply chains across geographies to an abrupt halt. With the rollout of the COVID vaccines towards the end of December 2020, we were starting to see green shoots as the consumption slowly started picking up pace. But as … Continue reading

Filled under : AVA
How The Global Surfactant Market is Growing at a Steady Pace

How The Global Surfactant Market is Growing at a Steady Pace

by avachem, February 23, 2021

It is expected that the surfactant market will increase with a compound annual growth rate of 4.3% by 2022. One of the biggest reasons for this increase is the rising demand for bio-based products around the world, especially in the North American and European region. It is also expected that … Continue reading

Filled under : AVA
Is the Chemical Industry witnessing accelerated digitization?

Is the Chemical Industry witnessing accelerated digitization?

by avachem, September 28, 2020

In the last few decades, global trade grew enormously with huge amounts of component goods produced across different locations, transported from around the globe and finally assembled together at one location. Such global value chains made it possible for MNCs to manufacture goods through the ‘just-in-time’ model which relied largely … Continue reading

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Lessons for India Inc. – Life after lockdown

Lessons for India Inc. – Life after lockdown

by avachem, June 23, 2020

The Coronavirus (COVID-19) outbreak has been a black swan event for our generation forcing companies to go back to the drawing board across continents for ensuring business continuity. It has affected businesses operationally, monetarily and even impacted lives of employees personally. As we brace ourselves for life after the lockdown, … Continue reading

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The Biosimilars Opportunity in the Indian Pharma Industry

The Biosimilars Opportunity in the Indian Pharma Industry

by avachem, April 22, 2020

The Indian pharmaceutical companies have been betting big on biosimilars for quite sometime in hopes to cash in on the potentially huge market. In 2017, the Indian biosimilars market was worth $2.2 billion and by 2030 it is expected to be worth $35 billion. As per CPhI’s bio league tables 2019, the … Continue reading

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The Increased Use of Enzymes and Its Impact on The Textile Industry

The Increased Use of Enzymes and Its Impact on The Textile Industry

by avachem, April 13, 2020

In 2018, the enzyme market was valued around $10.48 billion globally and it is expected to grow at a compound annual growth rate of 8.9 percent by 2025. The increasing demand of enzymes in applications like biotechnology, research, diagnostics, textile, and home and personal care are the key driving factors … Continue reading

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A more sustainable approach is the need of the hour

A more sustainable approach is the need of the hour

by avachem, December 5, 2019

The elephant dances while the dragon snores For the last couple of years, the chemical industry in China has been undergoing a massive makeover. To shed its image of a big polluter, China is implementing a comprehensive sustainability action plan with its chemical industry at the center to turn this … Continue reading

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Opportunity of specialty chemicals in formulated products of FMCG

by avachem, October 24, 2019

There has been a rising demand in overseas and domestic markets, along with the plant shutdowns in China due to tight regulations. As a result, India’s specialty chemical companies are expanding at an exponential speed. In fact, it is expected that the domestic specialty chemical sector will grow at a … Continue reading

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Trends Shaping The Paints & Coating Industry

by avachem, July 30, 2019

“Look matters. Everything else is secondary.” This used to be the mindset of the Customers of the Paints & Coating industry for decades. Traditionally, the focus of ‘painting’ or ‘coating’ was limited to a mere whitewash or a single coat of paint – any paint. A bright-white or pale-yellow, used to be the … Continue reading

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