How big is the petrochemical industry in India?

By Ritesh|Updated : September 3rd, 2022

India's petrochemical or crude oil processing industry has a capacity of over 194 million tonnes per annum (MTPA). The world's largest refinery, with a capacity of 32 MTPA, is located in India. It has a number of cracking unit complexes with downstream facilities for producing 8 MTPA plastics and polymers.

Petrochemical Industry in India

  • A petrochemical is any chemical manufactured from crude oil and natural gas distinct from fuels and used for various commercial purposes.
  • The six basic petrochemicals are ethylene, butylenes, propylene, toluene, benzene, and xylenes, which are transformed into lightweight car bumpers, bicycle helmets, medical devices, space suits, and wind turbines
  • Petrochemicals include propylene, ethylene, benzene, and xylene. Other components are intermediates like PAN, MEG, LAB, etc. Synthetic fibers like PFY and PSF, PVC, Polymers like LDPE/HDPE, Nylon, Polyester, PET, etc., and Synthetic rubbers like PBR and SBR.
  • The sector has significant growth potential. Although petrochemical products' current per capita consumption is low, demand for them is growing.
  • India produces 21 MTPA of urea; and has the broadest range of chemicals such as soda ash (2.7 MTPA), caustic soda (2.4 MTPA), sulfuric acid, Dyes and dye intermediates, and fine chemicals.

Summary:

How big is the petrochemical industry in India?

The world's largest refinery, with a capacity of 32 MTPA, is located in India. India's crude oil processing capacity of over 194 million tonnes per annum (MTPA).

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