In 2021, the chemicals and energy producer that spent the most on research and development (R&D) was German company BASF, who spent over 2.2 billion euros. They were closely followed by Metallurgical Corporation of China, who spent just short of 2.2 billions that year. In total, 22 billion euros were spent by chemical companies and 17 billion euros by energy companies on R&D worldwide in 2020.
Ranking of the leading energy, chemicals, and industrial companies with the highest spending on research and development (R&D) in 2021
(in billion euros)
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European Commission. (December 13, 2022). Ranking of the leading energy, chemicals, and industrial companies with the highest spending on research and development (R&D) in 2021 (in billion euros) [Graph]. In Statista. Retrieved December 06, 2024, from https://www.statista.com/statistics/1102877/global-research-and-development-top-energy-chemicals-spenders/
European Commission. "Ranking of the leading energy, chemicals, and industrial companies with the highest spending on research and development (R&D) in 2021 (in billion euros)." Chart. December 13, 2022. Statista. Accessed December 06, 2024. https://www.statista.com/statistics/1102877/global-research-and-development-top-energy-chemicals-spenders/
European Commission. (2022). Ranking of the leading energy, chemicals, and industrial companies with the highest spending on research and development (R&D) in 2021 (in billion euros). Statista. Statista Inc.. Accessed: December 06, 2024. https://www.statista.com/statistics/1102877/global-research-and-development-top-energy-chemicals-spenders/
European Commission. "Ranking of The Leading Energy, Chemicals, and Industrial Companies with The Highest Spending on Research and Development (R&d) in 2021 (in Billion Euros)." Statista, Statista Inc., 13 Dec 2022, https://www.statista.com/statistics/1102877/global-research-and-development-top-energy-chemicals-spenders/
European Commission, Ranking of the leading energy, chemicals, and industrial companies with the highest spending on research and development (R&D) in 2021 (in billion euros) Statista, https://www.statista.com/statistics/1102877/global-research-and-development-top-energy-chemicals-spenders/ (last visited December 06, 2024)
Ranking of the leading energy, chemicals, and industrial companies with the highest spending on research and development (R&D) in 2021 (in billion euros) [Graph], European Commission, December 13, 2022. [Online]. Available: https://www.statista.com/statistics/1102877/global-research-and-development-top-energy-chemicals-spenders/