Forecast on U.S. annual chemical industry R&D expenditures 2016-2020
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.
