Statistics
Chemical Industry World-wide
The global chemicals industry is a complex and important part of the global economy and supply chain network.
The production of chemicals involves converting raw materials such as fossil fuels, water, minerals, metals, and so on, into tens of thousands of different products that are central to modern life as we know it.
In 2018, the total revenue of the global chemical industry amounted to more than USD $4 Trillion.
Total amount spent on R&D by the global chemical industry is around USD 51 Billion and supported a $92 billion GDP contribution, and 1.7 million jobs.