INSIGHTS - APRIL 2024

UK Chemicals Industry

UK Chemicals Industry Information

The chemicals industry involves the transformation of raw materials using chemical processes to create products such as drugs, soap, paints, glues, industrial and agricultural chemicals

Active Businesses

4,431

Annual Sales

£57bn +

Employees

122,884

Economic Contribution 

£15bn

Tags

Location of Chemicals Companies

Chemicals Companies by Size

50% Micro

29% Small

9% Mid

8% Large

4% Mega

Largest Chemicals Companies
Turnover
Chemicals Companies by Age

35% Mature

23% Startup

23% Young

19% Established

0% New

Fastest Growing Chemicals Companies

32% Declining

27% Healthy

15% High

15% Rapid

11% Low

Chemicals Industry Competitive Environment - New Entrants vs Leavers

Chemicals Industry Valuation

EBITDA Multiple

Chemicals Industry Valuation

Turnover Multiple

Chemicals Industry Valuation

Net Asset Multiple

Note - from March 2020 multiples are calculated monthly, prior to this they were calculated on an annual basis.
UK Manufacture of chemicals and chemical products Industry Insights

There are 4,431 active Businesses in the UK with combined annual sales of £57 billion .

The Industry employs around 122,883 people and contributes £15 billion to the economy.

The most popular location for Chemicals companies is London with 804 and the fewest are located in Northern Ireland with 84.

The largest Chemicals company is Johnson Matthey Plc with a turnover of £14.9bn. 50% of the industry is comprised of Micro companies with only 9% Mid companies.

19% of the Chemicals Industry is made up of 19% Established but the majority are Mature businesses (35%) the oldest company is N & C Building Products Limited founded in 1856.

Chemicals industry has a number of high growth companies (15%), the fastest growing company is Clean Topco Limited with a 3 year growth rate of 108%. Other fast growing companies include Levertonhelm Limited (95%), Levertonhelm (Holdings) Limited (95%) and Italmatch Chemicals Gb Limited (90%).

The UK Chemicals Industry’s valuation has been improving over the past 3 years with a current EBITDA multiple of 9.81x, Turnover multiple of 1.39x and a Net Asset multiple of 2.29x.