The United States' chemical industry has consistently invested in research and development (R&D) over the past few years. In 2022, the United States allocated approximately 13.4 billion U.S. dollars towards chemical R&D, marking a significant milestone for the industry.
Chemical industry research and development spending in the United States from 2014 to 2022
(in billion U.S. dollars)
According to the American Chemistry Council the U.S. chemical industry includes: basic chemicals, specialty chemicals, agriculture chemicals, and consumer products.
This statistic was assembled using several editions of the report.
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American Chemistry Council. (September 15, 2023). Chemical industry research and development spending in the United States from 2014 to 2022 (in billion U.S. dollars) [Graph]. In Statista. Retrieved December 30, 2024, from https://www.statista.com/statistics/258899/us-chemical-research-and-development-spending-since-2001/
American Chemistry Council. "Chemical industry research and development spending in the United States from 2014 to 2022 (in billion U.S. dollars)." Chart. September 15, 2023. Statista. Accessed December 30, 2024. https://www.statista.com/statistics/258899/us-chemical-research-and-development-spending-since-2001/
American Chemistry Council. (2023). Chemical industry research and development spending in the United States from 2014 to 2022 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: December 30, 2024. https://www.statista.com/statistics/258899/us-chemical-research-and-development-spending-since-2001/
American Chemistry Council. "Chemical Industry Research and Development Spending in The United States from 2014 to 2022 (in Billion U.S. Dollars)." Statista, Statista Inc., 15 Sep 2023, https://www.statista.com/statistics/258899/us-chemical-research-and-development-spending-since-2001/
American Chemistry Council, Chemical industry research and development spending in the United States from 2014 to 2022 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/258899/us-chemical-research-and-development-spending-since-2001/ (last visited December 30, 2024)
Chemical industry research and development spending in the United States from 2014 to 2022 (in billion U.S. dollars) [Graph], American Chemistry Council, September 15, 2023. [Online]. Available: https://www.statista.com/statistics/258899/us-chemical-research-and-development-spending-since-2001/