Feasibility and market study for chemical sector

Glycol is a chemical compound that is important for a variety of uses in industries such as antifreeze, solvents, plastics and pharmaceuticals.

Setting up a glycol manufacturing plant in India requires Feasibility Study to Set Up an Ethylene Glycol Plant to ensure that the project is economically viable and complies with all the necessary technical. This study helps to accurately evaluate the economic technical legal and environmental aspects of the plant.



Glycols mainly ethylene glycol and propylene glycol are used in many industries.

Feasibility study to set up a glycol plant

Identifying demand: How many products are needed in the market.

Competition: Identify key competitors in India and assess what resources you have compared to them.

Market size: Demand for glycol in various industries and estimated growth rate. Domestic and export situation. 

Supply of raw materials

Market Analysis 

For ethylene glycol its major raw material is ethylene oxide, which is obtained from ethylene gas. Ethylene is also obtained from cracking of naphtha or natural gas.

For propylene glycol Its raw material is propylene oxide, which is obtained from propylene  byproduct of petroleum refining.

Location selection

Raw material The plant should be located in such a way that the raw material can be imported or exported easily and all the resources can be easily accessed through rail, ship and road.

Environmental and social responsibility: Since this business is related to chemicals, SP has to pay maximum attention so that there is no harm to the environment.The Ministry of Pollution (MoEFCC) and State Pollution Control Boards regulate environmental compliance.

Market Research for Chemical Sector in India Setting up a glycol manufacturing plant in India can be a profitable and long-term business. All the necessary aspects like market demand, raw material supply, technology, financial investment and environmental aspects need to be properly considered in India.

Hiring India Watch for the research will benefit in many ways through the Feasibility Study for Chemical Industry.

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