Chemical
An Innovative Chemical Industry
Global Innovation Chemical Leader
The UK is a leading global chemical producer, respected for its broad capabilities and impressive productivity, combined with its innovation and commitment to safety, standards and sustainability.
Attractive for Investor
Benefiting from natural resources and a world-class science and manufacturing ecosystem, the UK chemical industry offers investors an attractive combination of established facilities, a skilled workforce and a culture of innovation that is creating new applications and supporting added-value products. Our broad range of innovative speciality chemicals, cost-effective basic chemicals and petrochemicals along with the industry’s mature supply chain have helped it become one of the UK’s largest export sectors.
Traditional & New Market Opportunities
The success of the UK’s hi-tech sectors – including aerospace, automotive and pharmaceuticals is driving demand for sophisticated chemical products, while investments in shale gas infrastructure make the UK a competitive place to manufacture petrochemicals and derivatives.Exciting market opportunities also abound in green chemistry and battery chemistry. The UK sets corporation tax at 19%, lower of any country in the G7.
£12.6 billion
The UK chemical sector contributes of the UK's Gross Value Added (GVA) in 2019
£35.1 billion
The UK chemical sector total sales turnover in 2019
30,000
Approximately 30,000 people are involved in chemicals R&D in the UK.
£31.3 billion
The chemical industry is one of the largest manufacturing exporter in the UK, with a total value of exports approximately £31.3 billion in 2019.
10%
Patent Box– companies can apply a lower rate of Corporation Tax of 10% on profits from patented inventions and certain innovations
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