Chemical
The chemical industry is a key enabler of modern life, producing vital products, such as fertilisers, plastics and coatings for solar panels. The global plastic market is expected to expand at a compound annual rate of 3.7% between 2022 and 2030 whilst recycling plastic waste and investing in sorting and reprocessing facilities would deliver economic benefits of over £3bn across 25 years in the UK alone. The path to reducing emissions from this sector will mirror other industries, with a focus on the use of alternative feedstocks and process decarbonisation, presenting opportunities for cross sector collaboration.