The document provides an overview of the chemical industry and the Indian chemical industry. It discusses the following key points:
1. The chemical industry globally is a $3 trillion industry that produces precursors and intermediates for most other industries. The industry is expected to grow at 8% annually. Asia is the fastest growing region.
2. The Indian chemical industry earned $155-160 billion in 2013 and is expected to grow 11-12% in the next 2-3 years. Key segments like specialty chemicals will see considerable growth.
3. A PEST analysis is provided to understand the macroenvironmental factors impacting the chemical industry in areas like politics, economics, society and technology.