Why chemical industries are important

Chemical Industries are the prime factors to convert the raw materials into desired products that we use in our day-to-day life. The chemical industry can also be described simply as "the industry that uses chemistry and manufactures chemicals", this definition isn't altogether satisfactory because it leaves open the question of what is  chemical. Definitions that are adopted for statistical economic purposes vary from country to country.

What does the chemical industry produce?
The products of the industry are often divided into three categories:

• Basic chemicals
• Specialty chemicals
• Consumer chemicals

Basic chemicals are a broad chemical category industry that incorporates polymers, bulk petrochemicals, intermediates, derivatives, and basic industrials, inorganic chemicals and fertilizers or pesticides. This industry develops new products and manufactures a variety of products for human lives. Many of the products like perfumes, soaps, and detergents, are purchased by the consumers directly, other industries and branches of industry develop new innovative chemicals and byproducts by using 70% of chemicals manufactured. The chemical industry sector has witnessed growth by nearly about 13-14% within the last few years.

The chemical industry is viewed as a cultural issue solver; it helps the farm industry to ensure steady and feasible food supply, also helped in the destruction of dangerous insects and pests by creating life-sparing pharmaceuticals and compound pesticides, created plastics and engineered products and much more. Throughout the years the chemical industry has been an essential division of the newly industrialized economy.

The chemical industry: Environmental Safety Regulations

There are serious concerns about the potential impact of certain chemicals on living organisms, including ourselves, and on the natural environment. These concerns include air, land and sea pollution, global warming and climate changes, ozone depletion and acid rain.

Safety must be at the top level of the chemical industry’s agenda and for a good reason. Many of the products are potentially hazardous at some stage during their manufacture and transport. These chemicals could also be solids, liquids or gases, flammable, explosive, corrosive and/or toxic. Manufacturing processes frequently involve high temperatures, high pressures, and reactions which may be dangerous unless carefully controlled. as a result of this, the industry operates within the protection limits demanded by national and international legislation.

Returning to our question from the beginning “Why is that the chemical industry Important”, we will answer now. Without a doubt, the Chemical industry is typically brought up as a source of enabling technology. Chemistry and chemical products enable virtually every other industry to innovate and produce products that touch all of us every moment of the day. 20th century gave birth to new applications of chemicals and developed modern medicines, electric appliances, the automobile, air and space travel, the computer and mass communication, great milestones in human progress. Thus the chemical industry is a giant part of industrial development and termed as the old economy of nation covering contributions of chemicals, Pharmaceutical, Plastics, cosmetics, Health care, Dyes, and dyestuffs, Speciality chemicals, Polymers and fibers, Agricultural chemicals.