Industry overview
Businesses in the UK that produce and process materials have an annual turnover of around £200 billion.
They make a major direct contribution to the economy, at 15% of the country's GDP, whilst also underpinning all areas of economic activity. Key market sectors which rely on, or are strongly underpinned by, advanced materials technology include:
- Energy.
- Aerospace.
- Transport (Land and Marine).
- Healthcare.
- Packaging.
- Textiles.
- Construction.
- Defence.
- Security.