Mitsui Chemicals India Private Limited, an affiliate arm of Mitsui Chemicals Group based in Japan, was founded in 2008 with the vision of leveraging chemical technology to bolster socio-economic growth in India, whilst achieving the organizational goals of growth and innovation. We at Mitsui Chemicals India utilize the many strengths of our 70+ employees to render quality products and services in the domains of Life & Healthcare, Mobility, ICT, and Basic & Green Materials solutions.
Our solid market presence has earned us the reputation of a stiff competitor and helps us to responsibly lead the $180 billion strong Indian Chemical Industry. Interestingly, a surge in an aggregate annual turnover of about INR 870 Crores by March 2024 with an annual growth rate of 90% compared to March 2022 has uncovered the potential for Mitsui Chemicals India for the coming years.
Our commitment to the notion of “From 0 to 1: Make It Happen” is reflected in the sustainability and varied suitability of our products/ancillary services. We shall continue to pursue innovation and render high customer value to become a chemical group with an undeterred global standing.
About Us
About Indian Chemical Industry
Globally, India is the third-largest consumer of polymers, fourth-largest producer of agrochemicals, and 6th largest producer of chemicals. The Indian chemicals industry makes up 3.4% of the global chemicals industry. India's chemical sector, which was estimated to be worth US$ 220 billion in 2022, is anticipated to grow to US$ 300 billion by 2025 and US$ 1 trillion by 2040. India has traditionally been a world leader in generics and biosimilars and major Indian vaccine manufacturers,
contributing more than 50% of the global vaccine supply.
Key industries driving growth
- AUTOMOTIVE - Disruption in the automotive sector with the emergence of autonomous driving, connected cars, electric vehicles, and shared mobility will affect the value chain of Indian chemical companies supplying chemicals to automotive applications.
- WATER TREATMENT - Increasing urbanization and population are driving the demand for safe drinking water. Moreover, rising awareness of hygiene among the people is leading to excessive water consumption.
- TEXTILE, FLAVOURS & FRAGRANCES - India has witnessed increasing demand for a wide range of cosmetic chemicals, health care products, and hygiene products that use specialty chemicals, polymers, and oleo chemicals. This segment is likely to outperform other segments.
- CONSTRUCTION - ‘Smart City’ projects by the Indian government are driving the growth of chemical companies in India. The availability of essential raw materials at low cost is anticipated to increase demand for construction chemicals.
