The chemical industry is enormous in the industrialized world. how has society benefitted from advances in the chemical industry? what negative effects has the growth of the chemical industry had on society?

Benefits in society from advancement in Chemical Industry:

Chemical industry serves as the cornerstone of the Indian economy. With the adaption of the digitilization chemical industries have gained more reputation in the domestic markets.

This digitalization is enabling companies to produce to need, creating greater price volatility for incremental supply and strengthening the economy. With more innovation comes the more profit and thereby helping the advancement in the trade of processed chemicals. The advantages of chemical industries are as follows,

Helps in increased employment in the nation. Perpetual exports to various countries. Production of various pesticides and fertilizers helps in increased agricultural yields. Supply of pharmaceuticals for the drug store (Diagnostics, prescription drugs, vaccines, vitamins and over-the-counter drugs for human and veterinary applications) Production of various chemicals that are used as glues, adhesives, catalysts, water treatment chemicals, etc., for multiple usages. Consumer products like cosmetics, cleaners, toiletries.

Negative effects of the chemical industry on society:

Though there are several major pros of chemical industries, there are some of disadvantages too. Namely,

The hazardous chemicals used in the industries cause environmental pollution thereby leading to various air borne or water borne diseases. Some of the products used as fertilizers for the produce results in the depletion of the plants. The industrial wastage dumped into the water resources like sea, river or fresh water resources causes degradation of the water life.

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