TO STUDY THE ISSUE AND CHALLENGES INVOLVE IN THE SPECIALTY CHEMICAL COMPANIES IN INDIA (WITH SPECIAL REFERENCE TO MUMBAI AND NAVI MUMBAI)

Specialty chemicals are sold for their performance enhancing properties (and are used in Paints, Textiles chemicals, Dyestuffs, Inks, Rubber Chemicals and several other Industrial applications) rather than their basic chemical composition. According to a confederation of Indian Industrial study, this segment is expected to grow from $20billion to $80 billion over the next decade. (Lokeshwari S. K. 2013). Specialty Chemical Market segment constitute high value and relatively low volume value added chemicals. These product form and input raw material for several finished product. The claim to fame synthetic business sector covers the incomes created structure the offers of high esteem included chemicals, utilized as a part of the assembling of a wide assortment of items, including, however not constrained to, fine chemicals, added substances, propelled polymers, glues, sealants and forte paints, colors and coatings.