India’s renewable energy ambitions are reshaping the chemical industry. As the country targets 500 GW of installed renewable capacity by 2030, demand for industrial chemicals is rising sharply.
The solar sector alone needs PV-grade silicon, silver paste, encapsulants, and cleaning agents, all driven by chemical manufacturing. It will boost demand for high-purity, speciality chemicals and polymers.
Wind turbine production depends on epoxy resins, lubricants, and composites, most of which are chemical-intensive products. This will lead to more business for chemical companies that supply structural resins and coating systems.
India’s push for battery storage creates rising need for electrolytes, separators, lithium compounds, and other advanced chemicals. These are great opportunities for Indian chemical manufacturers to scale battery-grade materials.
The National Green Hydrogen Mission adds fresh demand for electrolysers, catalysts, and water treatment chemicals. It will open up new product lines for established and emerging chemical suppliers.
The petrochemical sector is expanding capacity by 50% to ~46 MTPA by 2030, aligning with industrial diversification. Integrating renewables into refineries for blending bio-feedstock and hydrogen–propelled chemicals boosts demand for catalysts, additives, and petrochemical derivatives.
Large-scale renewable projects also need cement additives, insulation foams, paints, and adhesives, most involving bulk chemical input. Traditional chemical sectors are seeing steady growth alongside renewables.
The chemical industry is undergoing a “grey‑to‑green” shift—moving toward biomass-based feedstocks, green ammonia, and sustainable solvents to align with net‑zero goals.
India’s 500 GW green energy plan isn’t just about power. It's driving consistent, long-term demand across speciality, bulk, and green chemical segments. Smart suppliers are already aligning with these sectors, leveraging Nexizo.