The design and production of novel products which deliver benefits to consumers through their properties or function.
Advances in industries from automotive to healthcare, electronics to food and drink, the environment and homeland security, depend crucially on the successful development and manufacture of increasingly sophisticated products with novel properties. This provides UK chemistry-using industries with many opportunities that would deliver significant financial, environmental and societal benefits.
Examples of this shift towards value being generated not only through chemicals manufacture but by using chemistry and other sciences to create new high value products, can already be found in the following areas:
• Formulated products
• Biocompatible materials
• Plastics electronics
• Novel coatings for transport and construction
• More targeted pharmaceuticals
• Smart textiles
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