Chemical Sector Overview
The UK’s industrial recovery and growth, and our nation’s ability to respond to challenges, depends on nurturing and sustaining an internationally competitive chemical industry.
- The UK has a vibrant chemicals market and has an important role to play in the transition to a low carbon economy.
- The chemical sector has an annual turnover of £60 billion.
- The industry is consistently the UK’s biggest manufacturing contributor to the national balance of payments, posting an annual £5 billion trade surplus.
- Supporting the redevelopment of the UK’s base of SMEs will help to address key supply chain weaknesses in the sector.
- There are also opportunities to attract foreign direct investment (FDI) into the UK which will help to fill gaps in UK supply chains.
Chemical Sector Details
The Chemicals industry is a multi-billion pound market that has significant exports and employs people in high-value and highly skilled jobs.
- We recruit a wide range of roles in pharmaceuticals, from procurement and purchasing to logistics and supply chain.
- The market is changing, with developing countries now able to compete throughout the value chain, so driving growth is critical.
- Growth is dependent on sourcing the right people to create a competent, diverse and sustainable workforce.
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