Speciality chemicals are specific items that are used in low quantities for the production of high-value goods

• Indian middle class is leading a dramatic change in demand for items like food, clothing and transportation, which is primarily driving demand for speciality chemicals
• For example, caramel manufactured from sugar is a commercially produced speciality chemical. Caramel colouring is extensively used to manufacture soft drinks and confectionery items
• Production of speciality chemicals allows customer stickiness and leads to high revenue predictability
• Since price of speciality chemicals is determined through negotiations, increase in raw material costs can also be passed on to protect margins

This smallcase comprises companies manufacturing speciality chemicals that are used in a wide range of industries like automobiles, pharma, textiles, food processing, agrochemicals, etc