The third Annual Indian Chemical Industry Outlook meeting held in Mumbai, India, on February 18 threw the message that the growth of the global petrochemical market will be driven by Asia, especially China and India. Market analysts pointed out that India will accelerate the development of petrochemical derivatives and specialty chemicals in the future.
Xincheng Industry Company stated that in 2009 India’s chemical industry had sales of approximately US$75 billion, petrochemical industry sales of US$10 billion, and petrochemical industry growth rate was expected to be 11% in 2010; sales of specialty chemicals in 2009 were approximately For 12 billion US dollars, the growth rate in 2010 will be 15%.
According to the person in charge of the olefin and basic chemicals business of Prudential Industries, the demand for some products in the Indian market is still heavily dependent on imports, such as styrene, polyvinyl chloride (or vinyl chloride), phenol, acrylonitrile, etc., which are investment for some companies. India provides demand guarantees. In addition, the production capacity of products such as acrylic acid, propylene oxide, aniline, adipic acid, methyl methacrylate, butanediol, and polyurethane is insufficient, and there is a certain supply gap. With the development of India's economy, the demand for products including epoxy resins, bisphenol A and polycarbonate, polymethyl methacrylate, hydrocarbon resins, propylene glycol and tetrahydrofuran is still growing at a high rate. India's SBR and ABS production capacity also needs to be further expanded.
Xincheng Industry Company stated that in 2009 India’s chemical industry had sales of approximately US$75 billion, petrochemical industry sales of US$10 billion, and petrochemical industry growth rate was expected to be 11% in 2010; sales of specialty chemicals in 2009 were approximately For 12 billion US dollars, the growth rate in 2010 will be 15%.
According to the person in charge of the olefin and basic chemicals business of Prudential Industries, the demand for some products in the Indian market is still heavily dependent on imports, such as styrene, polyvinyl chloride (or vinyl chloride), phenol, acrylonitrile, etc., which are investment for some companies. India provides demand guarantees. In addition, the production capacity of products such as acrylic acid, propylene oxide, aniline, adipic acid, methyl methacrylate, butanediol, and polyurethane is insufficient, and there is a certain supply gap. With the development of India's economy, the demand for products including epoxy resins, bisphenol A and polycarbonate, polymethyl methacrylate, hydrocarbon resins, propylene glycol and tetrahydrofuran is still growing at a high rate. India's SBR and ABS production capacity also needs to be further expanded.
Food contact bags for Supermarket, retail store, department stores, shopping mall, grocery stores or daily household, to pack Bread,Sandwich, biscuits, candy, cake and various other packaging application. The bags are strong sealing, waterproof, high tensile strength and good carrying capacity. Their size, thickness, color, printing and packing are depending on customer's specifications.
Food Saver Bag, Food Delivery Bag, Food Packaging Plastic Bag, Food Bag Roll, Sandwich Bag, Food Bag
BILLION PLASTIC MANUFACTURING CO.,LTD, JIANGMEN , https://www.billion-plastics.com