Page 179 - CW E-Magazine (18-3-2025)
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Special Report



       Sustainability and effi ciency in speciality chemicals

       for emerging industries

          n the rapidly evolving landscape of  speciality chemicals. From photovoltaic   RAGHUNATH KELKAR
          the global chemical industry, spe-  materials  to corrosion-resistant coat-
       Iciality chemicals have emerged as  ings for wind turbines, these chemicals   President – Industrial Chemicals
       the unsung heroes, driving innovation  are essential for the renewable energy   ANUPAM ROY CHOWDHURY
       and progress. As we stand on the cusp  sector. SRF Ltd., for another, is inno-  General Manager – Industrial
       of a new industrial revolution, these  vating in fl uoropolymers used in solar     Chemicals
       tailored chemical solutions are playing  panels back sheets that enhance the effi -  Deepak Fertilisers & Petro-
       an increasingly critical role in shaping  ciency and life of solar panels. Deepak     chemicals Ltd.
       the future of emerging sectors.  From  Fertilisers and Petrochemicals Cor-  speciality chemicals play a crucial role.
       the upcoming integrated pharma manu-  poration Ltd. (DFPCL) has introduced  Ultra-pure chemicals and advanced
       facturing hub at Hyderabad touted to be  a speciality grade of nitric acid which  materials are essential for chip manu-
       the world’s largest so far, to the sprawl-  enhances the profi le of the photovoltaic  facturing.  The ‘India Semiconductor
       ing solar farms of Gujarat,  speciality  cells (PV) cells helping them to trap  Mission’ is set to drive demand  for
       chemicals are the invisible force pro-  more solar energy thereby enhancing  specialised chemicals. DFPCL aligns
       pelling India’s  industrial growth  into  their effi ciency.        with this vision, developing ultra-pure
       the 21st century.                                                  chemicals and a sound logistic system
                                           India’s fl ourishing biotech industry  for precise delivery.
       The role of speciality chemicals in   is also leveraging speciality chemicals
       emerging industries               for everything from drug development   Lastly, precision farming tech-
          Representing  a sophisticated  seg-  to agricultural  innovations. Enzymes,  niques rely on speciality chemicals
       ment of the chemical industry, charac-  reagents, and biocompatible  materials  for crop protection, nutrient delivery,
       terised by their highly specialised and  are driving breakthroughs in this fi eld.  and soil health management. Com-
       targeted applications across diverse  Praj Industries, based in Pune, has pio-  panies like UPL Ltd. are developing
       sectors, the advanced formulations of  neered bio-based chemicals and mate-  innovative agrochemical solutions
       speciality chemicals are engineered to  rials, supporting the growth of India’s  tailored to India’s diverse agricultural
       deliver precise performance characteri-  bio-economy, while Piramal  Pharma  landscape.
       stics,  addressing complex  technologi-  Solutions utilises custom synthesis to
       cal and  environmental challenges. In  support biotech advancements.  The Indian speciality chemicals
       India, these  chemicals are becoming                               sector, valued at approximately $36-bn
       the backbone of several burgeoning   As India aims to become a global  in 2021, is projected to grow  at a
       sectors.                          hub for semiconductor production,  CAGR of around 11% to reach $61-bn

          As India races to electrify its auto-
       motive sector, speciality chemicals are
       at the forefront of this revolution. Ad-
       vanced battery materials,  lightweight
       composites, and  high-performance
       adhesives are enabling the production
       of  more  effi cient  and  durable  electric
       vehicles (EVs).  Tata  Chemicals, for
       example,  has  made  signifi cant  invest-
       ments in Li-ion battery technology,
       positioning itself as a key player in
       EV supply chain.

          The country’s  ambitious solar and
       wind energy targets rely  heavily  on

       Chemical Weekly  March 18, 2025                                                                 179


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