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)
Characteristic
Spending in billion U.S. dollars
2022
13.4
2021
12.8
2020
10.1
2019
10.5
2018
11.3
2017
10.9
2016
10.8
2015
12.2
2014
11.8
02.557.51012.515
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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 April 01, 2025, 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 April 01, 2025. 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: April 01, 2025. 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 April 01, 2025)
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/
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