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Indian chemical and pharmaceutical companies Sudeep Pharma and Acutaas Chemicals are expanding into the global battery chemicals market to reduce reliance on China.
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India (Dahej, Gujarat; Jhagadia, Gujarat), South Korea, Japan, Indonesia, Europe, US
Who
Sudeep Pharma, Acutaas Chemicals
What
Indian chemical and pharmaceutical companies Sudeep Pharma and Acutaas Chemicals are expanding into the global battery chemicals market to reduce reliance on China.
When
Mon, 15 Jun 2026 23:45:00 GMT · 4h 24m ago
Where
India (Dahej, Gujarat; Jhagadia, Gujarat), South Korea, Japan, Indonesia, Europe, US ·
Why
The global battery chemicals market is projected to grow from US$14 billion to over US$115 billion by 2030, driven by demand for electric vehicles, renewable energy storage, and AI infrastructure, with a global push to diversify supply chains away from China.
The Frontline Impact
How this affects you
Two Indian companies, Sudeep Pharma and Acutaas Chemicals, are strategically entering the battery chemicals sector. Their initiatives aim to provide alternative supply sources for critical battery components, potentially reshaping global supply chains currently dominated by China and supporting growth in EV and energy storage sectors.
Story chain
2 events in this thread- Markets4h 24m agoIndian chemical and pharmaceutical companies Sudeep Pharma and Acutaas Chemicals are capitalizing on the booming global battery chemicals market.Open article
- Currently Reading4h 24m agoIndian chemical and pharmaceutical companies Sudeep Pharma and Acutaas Chemicals are expanding into the global battery chemicals market to reduce reliance on China.