The Chemical Industry in India is expected to grow at 9% per annum to reach US$ 304 bn by FY 2025. 16 The growth is expected to be driven by rising demand in end-use segments for Specialty Chemicals and for petrochemical intermediates. 17 In 2015-16, the Chemical and Chemical Products Industry accounted for 2.39% of the GVA, compared to 2.23% in 2014-15. 18