HomeCompany NewsUPL’s SUPERFORM Technologies poised to drive India’s $1 trillion chemical industry by 2040

UPL’s SUPERFORM Technologies poised to drive India’s $1 trillion chemical industry by 2040

Superform Chemistries Limited, previously operating as UPL Specialty Chemicals Limited, is a forward-looking specialty chemicals company driven by innovation, sustainability, and high-performance solutions

Superform Chemistries Limited, formerly known as UPL Specialty Chemicals Limited, is a cutting-edge specialty chemicals company focused on innovation, sustainability, and high-performance solutions. Now operating as an independent entity, Superform serves a wide range of sectors, including agriculture, lubricants, flame retardants, mining, healthcare, food and beverages, and more. The company is a wholly owned subsidiary of UPL Ltd.

India is poised to become a significant global player in the chemistry industry. By 2040, the Indian chemical market is expected to grow to between $850 billion and $1 trillion, with the specialty chemicals segment potentially making up 10-12 per cent of the global market. This shift will be driven by rising domestic consumption, changes in global supply chains, and evolving consumer preferences, prompting a move away from traditional manufacturing hubs. India’s share of the global chemical market is anticipated to triple by 2040, with annual growth rates ranging from 7-10 per cent between 2027 and 2040.

Superform is strategically placed to drive and enhance this transformation by developing effective and responsible solutions. While its core strength lies in manufacturing, what sets Superform apart is its expertise in handling complex chemistries, addressing challenging problems, and making a meaningful impact for its customers, partners, employees, and the global community to foster positive change.

With a strong global sourcing network and outstanding ESG performance, Superform boasts a diverse portfolio of reaction capabilities, many of which can be tailored for custom synthesis. The company is well-positioned to meet the growing global demand for green chemistry and sustainable solutions, enhancing its relevance in international markets.

Led by CEO Mr. Raj Tiwari and supported by a dedicated team of over 3,500 professionals, Superform blends scale with a forward-looking vision to create significant impact. Its journey aligns closely with UPL Group’s broader mission “To be an icon for Technology Growth and Innovation,” positioning Superform as a key player in shaping the future of the global specialty chemicals industry.

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