New Delhi, May 17 -- The Indian chemical industry is well-positioned to benefit from the ongoing challenges faced by Europe's chemical sector, according to a report by B&K Securities.

The report noted that the high operating costs in the European Union (EU27) have made production less competitive, creating a window of opportunity for Indian chemical companies to expand their presence in the region.

However, the report also added that this opportunity comes with its own set of challenges, particularly from China and weakening demand in Europe.

It said "EU's struggles present Indian chemical companies with an opportunity to gain market share; however, it faces hurdles such as Chinese Predatory Pricing - which undermines Indian competitiv...