In 2021, the agrochemical and fertilizer sector stood out in the chemical industry by having the highest research and development (R&D) spending relative to its revenue, with investments accounting for 5.9 percent of the sector’s total revenue. This equates to an R&D investment of 5.7 billion U.S. dollars for that year.
Chemical research and development (R&D) spending worldwide as a share of revenue in 2021, by segment
Characteristic
Share of sector revenue allocated to R&D expenditure
The sample includes only publicly listed chemical companies with revenues of more than three billion dollars and research and development spending worth more than 0.5 percent of revenues.
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BCG. (November 10, 2022). Chemical research and development (R&D) spending worldwide as a share of revenue in 2021, by segment [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/1477633/global-chemical-research-and-development-spending-as-a-share-of-revenue-by-segment/
BCG. "Chemical research and development (R&D) spending worldwide as a share of revenue in 2021, by segment." Chart. November 10, 2022. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/1477633/global-chemical-research-and-development-spending-as-a-share-of-revenue-by-segment/
BCG. (2022). Chemical research and development (R&D) spending worldwide as a share of revenue in 2021, by segment. Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/1477633/global-chemical-research-and-development-spending-as-a-share-of-revenue-by-segment/
BCG. "Chemical Research and Development (R&d) Spending Worldwide as a Share of Revenue in 2021, by Segment." Statista, Statista Inc., 10 Nov 2022, https://www.statista.com/statistics/1477633/global-chemical-research-and-development-spending-as-a-share-of-revenue-by-segment/
BCG, Chemical research and development (R&D) spending worldwide as a share of revenue in 2021, by segment Statista, https://www.statista.com/statistics/1477633/global-chemical-research-and-development-spending-as-a-share-of-revenue-by-segment/ (last visited November 21, 2024)
Chemical research and development (R&D) spending worldwide as a share of revenue in 2021, by segment [Graph], BCG, November 10, 2022. [Online]. Available: https://www.statista.com/statistics/1477633/global-chemical-research-and-development-spending-as-a-share-of-revenue-by-segment/
