Chemistry

The products and technologies of the chemical industry are used in vital medicines and foods, the construction of buildings, transport, leisure and many other aspects of our daily lives.

In industrial terms, the chemical industry performs essential steps in converting raw materials (animal, vegetable or mineral) into usable products. These encompass an enormous variety – from plastics to paints, from fertilisers to shampoos, from synthetic rubber to pharmaceuticals. These items then form part of other value chains - such as automotive, aerospace, construction – or are supplied direct to households. Chemical and pharmaceutical businesses in the UK contribute £75 million of Added Value every single working day (£20 billion a year) to the UK’s Gross Domestic Product. The industry’s trade balance is a positive £25 million every day, whilst the rest of manufacturing has a daily deficit of around £300 million. The industry is the nation’s number one manufacturing exporter.

500,000 UK jobs depend on the work of chemical and pharmaceutical businesses in our country.

Those businesses:

  • contribute 80 million pounds every day to the UK economy
  • spend 5 billion pounds each year on research and development
  • invest 2 billion pounds a year in capital expenditure
  • are the UK’s number one manufacturing exporter
We want to grow this contribution through the work of the Partnership.

In the attached paper we set out the importance of chemicals in a manufacturing economy. 

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