Chemicals Industry




Chemicals Industry

Chemical industry of a country is an indication of the overall economic development and its growth potential. The recent developments in technology, particularly in synthetic materials has made the chemical industry a basic industry of primary importance. The chemical industry in Pakistan, when viewed in this background is under-developed and unable to meet the present and future needs of the economy. The chemical industry holds a tremendous future to flourish in Pakistan. The state of infancy of chemical industry in Pakistan can be judged by the low level of chemicals' production in Pakistan and its potential of growth in the country can be gauged from sizeable imports of chemicals, both in terms of volume and value.

There is a growing demand for various chemicals in Pakistan. The chemical industry in Pakistan will, therefore, enjoy the benefits of a sellers' market as long as the government adheres to its policy of support for its growth.