Chemicals News Today

Indian chemical markets are showing a firm-to-volatile bias as Brent rises above $105/bbl and the rupee weakens, increasing import replacement costs. China’s holiday-related data gap is limiting fresh price discovery, while Acetic Acid and Methanol show the strongest confirmed upward momentum.

On September 28, 2026, China's futures market opened lower across major polymers: PP fell to RMB 8576/MT, LLDPE dropped to RMB 8173/MT, and PVC declined to RMB 4701/MT.

The global Purified Terephthalic Acid market is projected to grow at a 3.2% CAGR from 2026 to 2035, driven by rising demand for polyester fibers and PET packaging.

The global ion exchange resins market is projected to grow at a 5.8% CAGR from 2026 to 2035, reaching a market index of 175, driven by water security, lithium recovery, and industrial demand.

Epigral targets Rs 5,000 crore revenue by FY31, driven by capacity expansions in CPVC Resin and Epichlorohydrin at Dahej, backed by a Rs 650 crore capex funded through internal accruals.

The global insoluble sulfur market is projected to grow at a 3.5% CAGR through 2035, driven by rising demand for high-performance tires, which account for over 80% of total consumption.

Twenty-year-old Piyush Jha developed an affordable, chemical-free wastewater treatment technology using microorganisms, earning UNDP recognition and significantly reducing operational costs for industries.

The global antiscalants for mining market is projected to reach a market index of 160 by 2035, growing at a CAGR of 4.8%, driven by water scarcity, declining ore grades, and strict environmental regulations.

Industrial chemicals present India's biggest growth opportunity, with the current $150-200 billion market projected to reach $300 billion, driven by tighter Western green regulations and import substitution.

Assam and Gujarat have launched a 150-tonne-per-day e-methanol plant at Kandla with an investment exceeding Rs 1,200 crore to boost green energy and create 3,500 jobs.