UK Sustainable Chemicals Market Overview
UK sustainable chemicals market size was valued at USD 18.00 Million in 2023. The UK sustainable chemicals industry is projected to grow from USD 19.23 Million in 2024 to USD 24.3 Million by 2032, exhibiting a compound annual growth rate (CAGR) of 5.12% during the forecast period (2024 - 2032). The expanding concerns over the rapid depletion of oil and gas reserves, shifting consumer preference towards green and sustainable products, and new advancements for the development of various end-use products are the main market drivers anticipated to propel the UK sustainable chemicals market.
Source: Primary Research, MRFR Database, Secondary Research, and Analyst Review
Sustainable Chemicals Market TrendsIncreasing consumer demand for environmentally friendly products is driving the market growth
UK sustainable chemicals market CAGR is expanding due to increased 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 substantially impacted the green chemical market. 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. Customers are looking for products that are created sustainably and have less environmental impact as they become more conscious of the need to lessen their environmental imprint.
Moreover, the UK government has also played a role in driving consumer demand for environmentally friendly products. The government has introduced a range of regulations and policies to encourage sustainability and decrease the chemical industry's impact on the environment. These policies have assisted in raising awareness of environmental problems 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, which are boosting sustainable chemicals market revenue.
Sustainable Chemicals Market Segment Insights
Sustainable Chemicals Product Insights
The UK sustainable chemicals market segmentation, based on product, includes bio-alcohols, bio-organic acids, bio-ketones, bio-polymers, and others. The bio-alcohols segment dominated the market mostly due to growing awareness and problems about climate modification, pollution, and depletion of fossil fuels, which have prompted the search for renewable and sustainable alternatives. Bio-alcohols, such as bioethanol and biobutanol, are considered greener alternatives to fossil fuel-derived chemicals because they are produced from biomass feedstocks like corn, sugarcane, and lignocellulosic materials. However, bio-polymers are the fastest-growing category owing to the growing demand for biodegradable materials in packaging, textiles, and consumer goods fuels market expansion. Companies embracing sustainable practices gain a competitive edge, while innovations in bio-based feedstocks and advanced processing technologies contribute to the sector's dynamic growth.
Figure 1: UK Sustainable Chemicals Market, by Product, 2024 & 2032 (USD Billion)Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
Sustainable Chemicals Application Insights
The UK sustainable chemicals market segmentation, based on application, includes industrial & chemicals, pharmaceuticals, construction, packaging, automotive, and others. The pharmaceuticals held a major market share due to the growing emphasis on eco-friendly practices and corporate sustainability. Increasing awareness of environmental impact drives demand for green alternatives in drug manufacturing processes. Regulatory pressures for cleaner production methods and a heightened focus on ethical consumption further fuel the shift towards sustainable pharmaceutical segmentation growth. However, packaging is the fastest-growing category due to the increasing customer need for eco-friendly products and stringent environmental regulations. Companies are adopting innovative packaging solutions to reduce waste and minimize their carbon footprint.
Sustainable Chemicals Country Insights
The sustainable chemicals market is witnessing growth driven by increasing environmental awareness and regulatory initiatives promoting eco-friendly practices. Growing demand for bio-based and renewable chemicals and a shift toward circular economy principles propel market expansion. Companies embracing sustainable production methods and governmental support for green innovations contribute to a robust and evolving sector. The UK's commitment to decreasing carbon emissions and fostering sustainable development further accelerates the growth of the sustainable chemicals market.
Sustainable Chemicals Key Market Players & Competitive Insights
Leading market participants are investing heavily in research and development to enhance their product lines, which will help the sustainable chemicals market expand even more. Market participants are also undertaking different strategic activities to extend their footprint, with significant market developments including new product establishment, mergers and acquisitions, contractual agreements, and collaboration with other organizations. The sustainable chemicals industry must deliver cost-effective items to extend and stay in a more competitive and growing market climate.
Major players in the sustainable chemicals market are attempting to expand market demand by investing in research and development operations, including Mitsubishi Chemical UK Limited, Cargill PLC, BASF SE, Arkema UK Limited, Toray International UK Ltd. (TIUK), Evonik Industries AG, DSM United Kingdom Limited, Aemetis, Inc., and Albemarle Corporation.
Key Companies in the Sustainable Chemicals market include
Sustainable Chemicals Industry Developments
March 2023: The University of York, along with renewable chemicals firm Circa Group, will establish the Circa Renewable Chemistry Institute (CRCI). The recent Institute aims to create and enable bio-based products that are safer and more tolerable for the chemical industry.
Sustainable Chemicals Market Segmentation
Sustainable Chemicals Product Outlook
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Bio-Alcohols
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Bio-Organic Acids
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Bio-Ketones
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Biopolymers
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Others
Sustainable Chemicals Application Outlook
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Industrial & Chemicals
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Pharmaceuticals
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Construction
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Packaging
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Automotive
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Others
Report Attribute/Metric |
Details |
Market Size 2023 |
USD 18.00 Million |
Market Size 2024 |
USD 19.23 Million |
Market Size 2032 |
USD 24.3 Million |
Compound Annual Growth Rate (CAGR) |
5.12% (2024-2032) |
Base Year |
2023 |
Market Forecast Period |
2024-2032 |
Historical Data |
2018- 2022 |
Market Forecast Units |
Value (USD Million) |
Report Coverage |
Growth Factors, Revenue Forecast, Market Competitive Landscape, and Trends |
Segments Covered |
Type, Application, and Region |
Countries Covered |
UK |
Key Companies Profiled |
Mitsubishi Chemical UK Limited, Cargill PLC, BASF SE, Arkema UK Limited, Toray International UK Ltd. (TIUK), Evonik Industries AG, DSM United Kingdom Limited, Aemetis, Inc., and Albemarle Corporation |
Key Market Opportunities |
Increasing consumer demand for environmentally friendly products |
Key Market Dynamics |
The growing worries over the rapid depletion of oil and gas reserves. Shifting consumer preference towards green and sustainable products. |
UK Sustainable Chemicals Market Highlights:
Frequently Asked Questions (FAQ) :
The UK sustainable chemicals market size was valued at USD 18.00 Million in 2023.
The market is expected to rise at a CAGR of 5.12% during the forecast period, 2024-2032.
The pivotal players in the market are Mitsubishi Chemical UK Limited, Cargill PLC, BASF SE, Arkema UK Limited, Toray International UK Ltd. (TIUK), Evonik Industries AG, DSM United Kingdom Limited, Aemetis, Inc., and Albemarle Corporation.
The bio-alcohols category dominated the market in 2023.
The pharmaceuticals category had the largest share of the market.