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.
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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 ÌÇÐÄÆÆ½â°æ. Retrieved July 20, 2026, from /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. ÌÇÐÄÆÆ½â°æ. Accessed July 20, 2026. /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). ÌÇÐÄÆÆ½â°æ. ÌÇÐÄÆÆ½â°æ Inc.. Accessed: July 20, 2026. /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)." ÌÇÐÄÆÆ½â°æ, ÌÇÐÄÆÆ½â°æ Inc., 8 Mar 2019, /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) ÌÇÐÄÆÆ½â°æ, /statistics/1079313/research-development-spending-chemical-industry-leading-countries/ (last visited July 20, 2026)
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: /statistics/1079313/research-development-spending-chemical-industry-leading-countries/