Chemical industry includes companies that are involved in manufacturing, processing, refining methods to produce chemical compound. The chemical industry emphasizes on modification of elements and composing of molecules and ions with the help of chemical reaction to achieve best products that can meet the demand for various application. Chemicals play a dominant role in our day-to-day routine as well as in majority of industrial applications.
The industry is diversified based on its characteristic and formation such as pharmaceuticals, pesticides, consumer products, and industrial specialty chemicals. Rising industrialization, growing competition based on the newly produced chemical solution, and rising number of infrastructure projects are drivers of the chemical and material industry.