Call with Kritee Jhawar-20260527_111458-

Meeting Recording
May 27, 2026, 5:44AM
6m 52s

Utpal Kaushik started transcription

Utpal Kaushik 0:03

Yes, we started.

Kritee Jhawar 0:04

okay, so what help I need is to understand the specialty chemicals market
landscape in India. Okay, so it starts with specialty chemicals and then
what are the various end use segments, what is the market size overall?
And then what is the break up as per the end you segment? End you
segment would be specialty chemicals going into home care, specialty
chemicals going into personal care, specialty chemicals going into food,
pharma, etcetera, etcetera. So this is what I mean by end you segment.
End you segment is like the application area of sorts, right? So the overall.
Specialty chemicals market in India, the segmentation by end use, the
rough breakup also by end use in terms of percentage. Then what is the
growth outlook of the overall market of specialty chemicals in India and
what are the growth drivers, why certain things are changing, etcetera?
You know what is the market structure matlab growth going forward next
5 years.
And then specifically for each of the end users, at least the main ones,
what is the growth outlook now? Some of the already big ones will have a
obviously a say a single digit growth, but which are the applications which
are growing really fast and why are they going to grow really fast? So for.
The applications can be 2 type. One is stable application, which is a big
chunk of the market, but they will grow at a certain pace because they are
already established, etcetera, etcetera. And they will have a certain set of
growth drivers. And then there will be some of those smaller application
where the base may be smaller today, but due to say certain
macroeconomic factor.
or trends, they are projected to grow very fast. Say something on battery
chemicals, EV is growing, so battery chemicals will grow, something like
that. I don't know if that is true, but I am just giving you an example. So
this kind of information then who are the key domestic players within the
specialty chemicals market in India and what?
I mean, which end you segments they cater to, which are the key MNC
players in specialty chemicals in India, and which are the key segments
that they cater to. And maybe a little bit of understanding on why, right
uske baad, broadly, you know, whatever else is covered in the market
landscape of specialty chemicals in India.
Itna information also, if you can give me, it will be enough. And then
something more on the competition key, especially for the MNC players, a
little bit on what their strategy is. They are doing lot of manufacturing in
India, but are they making the high end chemicals in India or are they
making the more commodity chemicals in India and importing the high
end ones?
From outside, are they what is the what is the distribution versus and
specialty chemicals? There are 2 things: one is the there are 3 people in
this entire 3 roles, one is the manufacturer who makes the specialty
chemicals, and there is a distributor. So there is a entire distribution
ecosystem of also specialty chemicals in India.
Where they take the chemicals from certain from these principles or
manufacturers and they distribute to customers. And then there are
customers. So the sales model over here is basically either the
manufacturer directly sells to the customer or sells via the distributor. So
for at least for the key end U segments.
What is the share of distribution? Why is it important? And finally, for each
of these key and new segments, especially personal care, coatings,
agriculture, agri, and metal working, metal working, fluid, and lubricants,
etcetera, inmate, what are the key success factor many what makes?
A manufacturer successful in these specific 4 end U segment. This is the
kind of market information kind of I want on the this similar understanding
on advanced polymer, ultra high performance polymers. So polymers ka
list of type of.
Polymers I will give you so its sulphone polymers, its ultra high
performance polymer, crystalline polymers. So would you list of the
products that are there, I will send you similar kind of understanding you
will have to develop over there also. So 2 market landscapes start with
speciality chemicals, then go to polymers.

Utpal Kaushik 4:35

Okay, Acha Kriti, some clarifying questions specialty chemical by specialty
chemicals, we basically mean the specialty chemicals that are used in the
4 end you segments that you told personal care, reabilitation.

Kritee Jhawar 4:46

Not just 4 end you segments. When you give me market gyan, I want all
end you segments. I am saying critical success factors, key success
factors in general in spectrum market and specifically for these 4 end you
segments. Baki Sara.

Utpal Kaushik 4:50

Okay, so general.
So, as in this one is a broad research of specialty chemicals only complete
achchha.
Kritee Jhawar 5:02
Correct. Only specialty chemicals, no commodity chemicals.

Utpal Kaushik 5:05

So there will be many chemicals as in phir uske liye toh.

Kritee Jhawar 5:09

You don't have to go at a chemical level na, that's why I'm saying
specialty chemicals market in India, bas itna hi bahut hai.

Utpal Kaushik 5:15

Theek hai.
Okay.
So this would require atleast 2 sessions of clod thoda ismein research
karne mein toh we will take some time as an I will distribute us
accordingly limit haan toh ek do do session teen session toh lagenge limit
uski exhaust ho jaati hai aajkal bahut salli 4.7 model.

Kritee Jhawar 5:30

Haan.

Utpal Kaushik 5:38

But hopefully can so this is what I understand is kind of a report jaisa koi
cheese ki specialty chemicals pay, what is the India market, what are the
end users and growth perspectives and or end use ka growth
perspectives, something kind of a report on specialty chemicals. Theek
hai, we will try.

Kritee Jhawar 5:57

Correct, correct.
Yes, exactly. That's what I need.

Utpal Kaushik 6:04

Okay.

Kritee Jhawar 6:05

Roh gyan chahiye iske upper.

Utpal Kaushik 6:06

OK.

Kritee Jhawar 6:10

Theek hai, you may ek for specialty chemicals. We will discuss specialty
polymers in the next.
Utpal Kaushik 6:16
Achchha theek hai nahi speciality polymers aap bata do vaisa nahi hai
donon ko.

Kritee Jhawar 6:19

Yahi hai pahle ye toh kare kya output aata hai uske hisab se, I will be
more specific on the concept is going to be the same only.

Utpal Kaushik 6:29

Theek.

Kritee Jhawar 6:29

So first, let us see what comes out of the specialty chemicals and then we
can tweak the this is important, this we can skip for polymer.

Utpal Kaushik 6:36

Okay.
Okay, good.

Utpal Kaushik stopped transcription