In 2017, China had the highest research and development (R&D) spending of any country in the global chemical industry, investing around 14.6 billion U.S. dollars, while the United States was ranked second, spending approximately 12 billion U.S. dollars.
Leading countries based on chemical research and development spending worldwide in 2017 (in billion U.S. dollars)
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Oxford Economics, & International Council of Chemical Associations. (March 8, 2019). Leading countries based on chemical research and development spending worldwide in 2017 (in billion U.S. dollars) [Graph]. In Statista. Retrieved March 29, 2024, from https://www.statista.com/statistics/1079313/research-development-spending-chemical-industry-leading-countries/
Oxford Economics, und International Council of Chemical Associations. "Leading countries based on chemical research and development spending worldwide in 2017 (in billion U.S. dollars)." Chart. March 8, 2019. Statista. Accessed March 29, 2024. https://www.statista.com/statistics/1079313/research-development-spending-chemical-industry-leading-countries/
Oxford Economics, International Council of Chemical Associations. (2019). Leading countries based on chemical research and development spending worldwide in 2017 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: March 29, 2024. https://www.statista.com/statistics/1079313/research-development-spending-chemical-industry-leading-countries/
Oxford Economics, and International Council of Chemical Associations. "Leading Countries Based on Chemical Research and Development Spending Worldwide in 2017 (in Billion U.S. Dollars)." Statista, Statista Inc., 8 Mar 2019, https://www.statista.com/statistics/1079313/research-development-spending-chemical-industry-leading-countries/
Oxford Economics & International Council of Chemical Associations, Leading countries based on chemical research and development spending worldwide in 2017 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1079313/research-development-spending-chemical-industry-leading-countries/ (last visited March 29, 2024)
Leading countries based on chemical research and development spending worldwide in 2017 (in billion U.S. dollars) [Graph], Oxford Economics, & International Council of Chemical Associations, March 8, 2019. [Online]. Available: https://www.statista.com/statistics/1079313/research-development-spending-chemical-industry-leading-countries/