This statistic displays a forecast of the annual value of research and development (R&D) expenditures in the chemical industry in the United States from 2016 to 2020. In 2019, the total R&D expenditure in the chemical industry is expected to reach 70.45 billion U.S. dollars. Appreciation of the U.S. dollar is likely to reduce costs and increase production in the chemical industry. The capacity of the chemical industry is also continuing to increase and will likely contribute to innovation and more efficient production.
Projection of annual research and development expenditures in the United States chemical industry from 2016 to 2020
(in billion U.S. dollars)
Characteristic
R&D expenditure in billion U.S. dollars
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American Chemistry Council. (December 11, 2015). Projection of annual research and development expenditures in the United States chemical industry from 2016 to 2020 (in billion U.S. dollars) [Graph]. In Statista. Retrieved August 25, 2024, from https://www.statista.com/statistics/407851/forecast-for-annual-r-and-d-spending-in-chemical-industry-in-the-us/
American Chemistry Council. "Projection of annual research and development expenditures in the United States chemical industry from 2016 to 2020 (in billion U.S. dollars)." Chart. December 11, 2015. Statista. Accessed August 25, 2024. https://www.statista.com/statistics/407851/forecast-for-annual-r-and-d-spending-in-chemical-industry-in-the-us/
American Chemistry Council. (2015). Projection of annual research and development expenditures in the United States chemical industry from 2016 to 2020 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: August 25, 2024. https://www.statista.com/statistics/407851/forecast-for-annual-r-and-d-spending-in-chemical-industry-in-the-us/
American Chemistry Council. "Projection of Annual Research and Development Expenditures in The United States Chemical Industry from 2016 to 2020 (in Billion U.S. Dollars)." Statista, Statista Inc., 11 Dec 2015, https://www.statista.com/statistics/407851/forecast-for-annual-r-and-d-spending-in-chemical-industry-in-the-us/
American Chemistry Council, Projection of annual research and development expenditures in the United States chemical industry from 2016 to 2020 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/407851/forecast-for-annual-r-and-d-spending-in-chemical-industry-in-the-us/ (last visited August 25, 2024)
Projection of annual research and development expenditures in the United States chemical industry from 2016 to 2020 (in billion U.S. dollars) [Graph], American Chemistry Council, December 11, 2015. [Online]. Available: https://www.statista.com/statistics/407851/forecast-for-annual-r-and-d-spending-in-chemical-industry-in-the-us/