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)
Characteristic
Research and development spending 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 October 06, 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 October 06, 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: October 06, 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 October 06, 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/