U.S. chemical research and development spending 2014-2022

Published by Statista Research Department, Sep 25, 2023
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)

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Release date

2023

Region

United States

Survey time period

2014 to 2022

Supplementary notes

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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