India’s thriving chemical industry is the backbone of multiple sectors like agriculture, pharmaceuticals, and textiles. Explore the top chemical stocks shaping the future of this vital sector.
India ranks 6thglobally in chemical production and the industry contributes 7% to its GDP. With over 80,000 commercial products and robust government support, the industry is set to grow from $220 billion in 2022 to $300 billion by 2025.
Market Cap: ₹8,219 Crore Headquartered in Chennai, Archean Chemical is India’s leading exporter of bromine and industrial salt, catering to over 13 countries. The company is renowned for its eco-friendly extraction processes. Data as of 19th December 2024. Source – NSE
Market Cap: ₹822 Crore Based in New Delhi, Vikas Lifecare specializes in eco-friendly plastic compounds and specialty additives. The company serves industries like agriculture, infrastructure, and consumer goods. Data as of 19th December 2024. Source – NSE
Market Cap: ₹820 Crore Kronox Lab Sciences, headquartered in Pune, is a leading supplier of high-quality specialty chemicals, catering to the pharmaceutical and research industries. Data as of 19th December 2024. Source – NSE
Market Cap: ₹821 Crore Ahmedabad-based Shiv Texchem is a significant player in textile chemicals, offering sustainable solutions for dyeing, finishing, and printing processes. Data as of 19th December 2024. Source – NSE
Market Cap: ₹498 Crore National Peroxide, headquartered in Mumbai, is a pioneer in the production of hydrogen peroxide, widely used in paper, textile, and chemical industries. Data as of 19th December 2024. Source – NSE
Market Cap: ₹453 Crore A-1 Acid, based in Gujarat, excels in the production and distribution of industrial acids and chemicals, supporting sectors like steel, cement, and fertilizers. Data as of 19th December 2024. Source – NSE
Market Cap: ₹236 Crore ARCL Organics, headquartered in Kolkata, is a prominent name in adhesive and resin solutions, serving industries like furniture, automotive, and construction. Data as of 19th December 2024. Source – NSE
The Indian chemical industry, supported by giants like Archean Chemical and Kronox Lab Sciences, is integral to the nation's industrial growth.