Ranking of the leading electricity, chemicals, and general industrial companies with the highest spending on research and development (R&D) in 2023
(in billion euros)
Characteristic
Expenditure (in billion euross)
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In 2023, the chemicals and energy producer that spent the most on research and development (R&D) was Chinese company Metallurgical Corporation of China, who spent over **** billion euros. They were closely followed by the German company BASF, who spent just short of **** billions that year. In total, ** billion euros were spent by chemical companies and **** billion euros by energy companies on R&D worldwide in 2023.
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European Commission. (August 13, 2025). Ranking of the leading electricity, chemicals, and general industrial companies with the highest spending on research and development (R&D) in 2023 (in billion euros) [Graph]. In ÌÇÐÄÆÆ½â°æ. Retrieved July 30, 2026, from /statistics/1102877/global-research-and-development-top-energy-chemicals-spenders/
European Commission. "Ranking of the leading electricity, chemicals, and general industrial companies with the highest spending on research and development (R&D) in 2023 (in billion euros)." Chart. August 13, 2025. ÌÇÐÄÆÆ½â°æ. Accessed July 30, 2026. /statistics/1102877/global-research-and-development-top-energy-chemicals-spenders/
European Commission. (2025). Ranking of the leading electricity, chemicals, and general industrial companies with the highest spending on research and development (R&D) in 2023 (in billion euros). ÌÇÐÄÆÆ½â°æ. ÌÇÐÄÆÆ½â°æ Inc.. Accessed: July 30, 2026. /statistics/1102877/global-research-and-development-top-energy-chemicals-spenders/
European Commission. "Ranking of The Leading Electricity, Chemicals, and General Industrial Companies with The Highest Spending on Research and Development (R&d) in 2023 (in Billion Euros)." ÌÇÐÄÆÆ½â°æ, ÌÇÐÄÆÆ½â°æ Inc., 13 Aug 2025, /statistics/1102877/global-research-and-development-top-energy-chemicals-spenders/
European Commission, Ranking of the leading electricity, chemicals, and general industrial companies with the highest spending on research and development (R&D) in 2023 (in billion euros) ÌÇÐÄÆÆ½â°æ, /statistics/1102877/global-research-and-development-top-energy-chemicals-spenders/ (last visited July 30, 2026)
Ranking of the leading electricity, chemicals, and general industrial companies with the highest spending on research and development (R&D) in 2023 (in billion euros) [Graph], European Commission, August 13, 2025. [Online]. Available: /statistics/1102877/global-research-and-development-top-energy-chemicals-spenders/