Best Chemical Stocks In India To Invest In 2022

Investors must diversify their portfolios to reduce risk exposure and improve profit potential. In the last few years, the Indian chemical system has gained a lot of prominence in the global market. The Indian chemical sector has increased and is the prime focus of other industries like agriculture, pharmaceutical, food processing and several others. These stocks have outperformed several sectors. If you want to buy chemical stocks, here are some of the best chemical stocks in India. 

Indian chemical sector – an overview 

The chemical industry in India comprises organised and unorganised players producing more than 80,000 products, valued at USD 178 in 2019. The Indian chemical segment is expected to grow at a 9.3 percent CAGR to rise to USD 304 billion.  

• Over the last years, the chemical industry has undergone significant changes due to mass production triggered by COVID-19.
• The Indian speciality chemical segment has emerged as the biggest beneficiary, outperforming China to grab prominence. 
• The power crisis, increasing operational costs, and rising environmental awareness have impacted the production of Chinese companies, benefiting the chemical manufacturers in India.
• India has a strong foothold in the global import and export sector, occupying the eighth position in importing and fourteenth in exporting chemical products. Moreover, the country is the fourth largest producer of agrochemical products.

Here are the top 10 chemical companies in India.

Pidilite Industries 

Pidilite Industries is one of the leading manufacturers of sealants and adhesives. Fevicol, Fevikwik, Roff, Fevistik, Dr Dixit, Fevicryl, and Araldite are some of the top brands from the company.

Pidilite earns more than 50 percent of revenue from the adhesive segment. Invest in Pidilite Industries’ shares. Track live share price of Pidilite Industries on Angel One. 

SRF Limited

SRF Limited operates in the speciality chemical segment. The company generates 45 percent of its revenue from the chemical segment. 

Follow SRF Limited share price on Angel One.

Aarti Industries Limited

The company produces more than 200 products in agrochemicals, pharmaceuticals, polymers, surfactants, dyes, pigments, additives, and more. Track Aarti Industries Limited share price on Angel One’s mobile app.

Deepak Nitrite 

The company is a dominant manufacturer of speciality, fine, organic and inorganic chemicals, with a 70 percent market share in NitroToluenes and sodium nitrite. They are the largest player in the segment. Track Deepak Nitrite share price on Angel One.

Atul Limited 

Atul Limited is one of the best chemical company stocks for long-term investment.

Atul Limited is a debt-free company, growing its profit at 18.3 percent CAGR for the past few years.

Anupam Rasayan India Ltd.

The company manufactures organic and inorganic chemicals, with total operating revenue of Rs 1066 crore. Follow Anupam Rasayan share price on Angel One.

Tata Chemicals Limited

Tata Chemicals Limited is involved in producing inorganic chemical products. Tata Chemicals is the third largest soda ash producer in the world. They are one of India’s largest manufacturers of leading vacuum evaporated iodised salt. Track Tata Chemicals share price on Angel One’s website.

Gujarat Fluorochemicals Limited

The company is a leading manufacturer of fluoro-polymers, fluoro-specialities, chemicals and refrigerants in the country. The company is among the five most significant players globally, exporting primarily to Europe, Asia, and Japan. Want to buy Gujarat Fluorochemicals shares? Track live Gujarat Fluorochemicals share price on Angel One.

Balaji Amines Limited 

They are one of the country’s largest manufacturers of aliphatic amines. They have grown at 13.52 percent CAGR in the past five years. Track the share price of Balaji Amines on Angel One.

United Phosphorus Limited 

The company is involved in manufacturing agrochemicals, industrial chemicals, and the sale of field crops and vegetable seeds. They are the fifth largest agrochemical company with a presence in 138 countries. United Phosphorus recorded a growth of 22.32 percent CAGR in the last five years. Follow United Phosphorus share price on Angel One website.

Conclusion 

Invest in various sectors and companies, including chemical stocks, and grow long-term wealth. Open an online Demat account with Angel One today and start investing. 

Disclaimer: This blog is exclusively for educational purposes. The securities quoted are exemplary and are not recommendatory