The market is dominated by foreign suppliers, as imports account for 77.8% of total market size in 2020. B2B drives market demand, with B2B spending representing 54.3% of total demand in 2020. The UK has the fourth largest market size for photochemicals, explosives and other chemicals in the region, with demand reaching USD11.8 billion in 2020. BASF Performance Products Plc is the largest company in the UK, generating 4.2% of the industry’s total production value in 2020. The industry is fragmented, with the top five companies generating 12.4% of total production value in 2020. The total number of companies increases in 2020, to 2,229 units. The costs of the industry increase by 2.2% in 2020, largely driven by rising B2B costs. The industry’s profitability increases and stands at 10.8% of production value in 2020, the 19th highest in the region. The industry’s exports share decreases in 2020 to 72.1% of total production output. With production value of USD8.8 billion, the UK accounts for 5.8% of the Western Europe total in 2020.
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This Euromonitor industrial report provides unique information on Photochemicals, Explosives and Other Chemicals in the UK: ISIC 2429. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Photochemicals, Explosives and Other Chemicals in the UK: ISIC 2429 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
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