UK Specialty Chemicals Market Size & Outlook, 2023-2030

The specialty chemicals market in UK is expected to reach a projected revenue of US$ 27.9 billion by 2030. A compound annual growth rate of 1.8% is expected of UK specialty chemicals market from 2024 to 2030.

Revenue, 2023 (US$B)
$24.7
Forecast, 2030 (US$B)
$27.9
CAGR, 2024 - 2030
1.8%
Report Coverage
UK

UK specialty chemicals market highlights

  • The UK specialty chemicals market generated a revenue of USD 24.7 billion in 2023 and is expected to reach USD 27.9 billion by 2030.
  • The UK market is expected to grow at a CAGR of 1.8% from 2024 to 2030.


Specialty chemicals market data book summary

Market revenue in 2023USD 24.7 billion
Market revenue in 2030USD 27.9 billion
Growth rate1.8% (CAGR from 2023 to 2030)
Historical data2018 - 2022
Base year2023
Forecast period2024 - 2030
Quantitative unitsRevenue in USD billion
Market segmentation
Key market players worldwideSolvay SA, Evonik Industries AG, Clariant AG, Akzo Nobel NV, DuPont de Nemours Inc, Kemira Oyj, Lanxess AG, Croda International PLC, Huntsman Corp, The Lubrizol Corp, Albemarle Corp


Other key industry trends

  • In terms of revenue, UK accounted for 3.8% of the global specialty chemicals market in 2023.
  • Country-wise, China is expected to lead the global market in terms of revenue in 2030.
  • In Europe, Germany specialty chemicals market is projected to lead the regional market in terms of revenue in 2030.
  • France is the fastest growing regional market in Europe and is projected to reach USD 20.2 billion by 2030.

The UK specialty chemicals market is growing significantly, owing to the increasing utilization of end user industries such as electronic goods among customers. The electronics & electrical application segment accounted for a major share, owing to the increasing consumption of smart appliances and public acceptance of electrical vehicles across the country.


The government’s regulations and policies are one of the significant factors that is driving the growth of the electronic chemicals market, which, in turn, is expected to propel the specialty chemicals market during the projected period. The UK witnesses substantial demand for construction chemicals, owing to growing construction and repairs or alterations of new and existing properties.


After the government’s clearance to continue construction activities in the aftermath of Covid-19 pandemic and related restrictions in England and other developing countries, the construction industry of the country remains strong. Thus, the demand for specialty chemicals and chemicals related to construction is expected to be high over the forecast period.

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Specialty Chemicals Market Scope

Specialty Chemicals Market Companies

Name Profile # Employees HQ Website

UK specialty chemicals market size, by product type, 2018-2030 (US$B)

UK Specialty Chemicals Market Outlook Share, 2023 & 2030 (US$B)

UK specialty chemicals market size, by product type, 2018-2030 (US$B)

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