Fine chemicals are complex, single, pure chemical substances, produced in limited quantities in multipurpose plants by multistep batch chemical or biotechnological processes. They are described by exacting specifications, used for further processing within the chemical industry. Fine Chemicals are produced in limited volumes (< 1000 tons/year) and at relatively high prices (> $10/kg) according to exacting specifications, mainly by traditional organic synthesis in multipurpose chemical plants. Biotechnical processes are gaining ground. The global production value is about $85 billion. Fine chemicals are used as starting materials for specialty chemicals, particularly pharmaceuticals, bio pharmaceuticals and agrochemicals. Pharmaceutical and Biological products, perfumes, photographic chemicals and electronic grade reagents are examples of fine chemicals. High purity reagents (99.999999% pure) are also classified as fine chemicals. Fine chemicals are generally defined as low volume, high-value products that are selected on the basis of specific molecular properties, unlike specialty chemicals, which are purchased for their functional characteristics.

The total production value of $85 billion is split about 60 / 40 among in-house production by the main consumers, the life science industry, on the one hand, and the fine chemicals industry on the other hand. The chemical universe, the fine chemical industry is positioned between the commodity, their suppliers, and specialty chemical industries, their customers. Depending on the services offered, there are two types of fine chemical companies. The Fine Chemical Companies are active in industrial scale production, both of standard and exclusive products. Indian specialty chemicals market has the potential to reach $ 60-70 billion by 2020 from the present value of $ 23 billion. Indian specialty chemicals market is currently valued at approximately $ 23 billion and has shown a strong growth at 14 per cent per annum over the last 5 years. The worth of Indian chemicals industry was US$30.59 billion, which reflected a growth of 10.23% over the previous year and a CAGR of 8.68% during the last 3 years. Growing at an average rate of 12.5%, the Indian chemical industry offers a wide spectrum of opportunities for the investors both from India and the world. The significant market potential, coupled with the existing pool of human resources, and the comprehensive variety of resources in the country make it s profitable destination in the new millennium.

FURTHER INFORMATION:

The Complete Technology Book on Fine Chemicals describes the detailed information on the subject. The major contents of this book are- Acetazolamide, Acyclovir, Albendazole, Chloramphenicol,   Chlorohexidine, Frusemide,  Furazolidone,  Isoxsuprinelome, Floxacin, Pancuronium, Bromide, Physostimgmine,  Povidone-Iodine,  Reserpine,  Sulfamoxole etc.

In order to get “The Complete Technology Book on Fine Chemicals” please visit-

http://goo.gl/hlFRfc