United Kingdom Green Chemicals Market, By Product (Bio-Alcohols, Bio-Organic Acids, Bio-Ketones, Bio-Polymers, and Others), By Application (Industrial & Chemicals, Pharmaceuticals, Construction, Packaging, Automotive, and Others), By Region, Competition, Forecast and Opportunities, 2028
Published Date: December - 2024 | Publisher: MIR | No of Pages: 320 | Industry: Chemicals | Format: Report available in PDF / Excel Format
View Details Buy Now 2890 Download Sample Ask for Discount Request CustomizationUnited Kingdom Green Chemicals Market, By Product (Bio-Alcohols, Bio-Organic Acids, Bio-Ketones, Bio-Polymers, and Others), By Application (Industrial & Chemicals, Pharmaceuticals, Construction, Packaging, Automotive, and Others), By Region, Competition, Forecast and Opportunities, 2028
According to the European Chemical Industry Council, chemicals and pharmaceuticals were the UK's second-largest manufacturing sector in 2021, trailing only machinery and transport equipment, with exports exceeding USD 54 billion and value added to the economy of USD 30.7 billion.
According to the government of the United Kingdom, in 2016, the construction sector, which includes contracting, manufacturing, and professional services. It had a turnover of about USD 406 billion, contributing 9% or USD 151 billion, to the UK economy through exports of goods and services.
Supportive Government Regulations and Policies Regarding Green Chemicals
As per the Society of Motor Manufacturers and Traders, the automobile sector is an essential component of the UK economy and plays a key role in promoting leveling up, net zero, global Britain, and growth objectives. The UK economy receives USD 73.5 billion in sales and USD 15.3 billion in value added from the automotive industry, which normally invests about USD 3.2 billion annually in R&D
Increasing Consumer Demand for Environmentally Friendly Products
In the United Kingdom, there has been an increase in demand for green products in recent years. The need for products that are made sustainably and have less of an impact on the environment has had a substantial impact on the market for green chemicals. Growing knowledge of how urban development affects the environment, particularly pollution, climate change, and the loss of natural resources, is one of the major forces behind this movement. Consumers are looking for products that are produced sustainably and have less environmental impact as they become more conscious of the need to lessen their environmental imprint. The United Kingdom government has also played a role in driving consumer demand for environmentally friendly products. The government has launched a range of regulations and policies aimed at promoting sustainability and reducing the impact of the chemical industry on the environment. These policies have helped to raise awareness of environmental issues and to promote the use of sustainable products. The United Kingdom market for green chemicals has expanded dramatically in recent years in response to this rising demand. Businesses are investing in R&D to create novel, sustainable production techniques and products that are safer and more environmentally friendly. In recent years, the market for bio-based chemicals which are made from resources that can be renewed has expanded because of customer desire for environmentally friendly products.
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Market Segmentation
United Kingdom green chemicals market is segmented into product, application, region, and company. Based on product, the market is divided into bio-alcohols, bio-organic acids, bio-ketones, biopolymers, and others. Based on application, the market is divided into industrial & chemicals, pharmaceuticals, construction, packaging, automotive, and others. Based on region, the United Kingdom the market is segmented into Scotland, South-East, London, South-West, East-Anglia, Yorkshire & Humberside, East Midlands, and rest of the United Kingdom.
Company Profiles
Mitsubishi Chemical UK Limited, Cargill PLC, BASF SE, Arkema UK Limited, Toray International U.K. Ltd. (TIUK), Evonik Industries AG, Mitsubishi Chemical Group, DSM United Kingdom Limited, Aemetis, Inc., and Albemarle Corporation are some of the key players of United Kingdom green chemical market.
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Attribute |
Details |
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Base Year |
2022 |
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Historic Data |
2018 – 2021 |
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Estimated Year |
2023 |
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Forecast Period |
2024 – 2028 |
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Quantitative Units |
Revenue in USD Million and CAGR for 2018-2022 and 2023-2028 |
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Report Coverage |
Revenue forecast,
volume forecasting, Company shares, competitive landscape, growth factors, and
trends |
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Segments Covered |
Product Application |
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Regional Scope |
Scotland, South-East,
London, South-West, East-Anglia, Yorkshire & Humberside, East Midlands, and
Rest of United Kingdom. |
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Key Companies Profiled |
Mitsubishi
Chemical UK Limited, Cargill PLC, BASF SE, Arkema UK Limited, Toray International
U.K. Ltd. (TIUK), Evonik Industries AG, Mitsubishi Chemical Group, DSM United
Kingdom Limited, Aemetis, Inc. and Albemarle Corporation |
|
Customization Scope |
10% free report customization with purchase.
Addition or alteration to country, regional & segment scope. |
|
Pricing and Purchase Options |
Avail customized
purchase options to meet your exact research needs. |
|
Delivery Format |
PDF
and Excel through Email (We can also provide the editable version of the
report in PPT/Word format on special request) |
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