Nearly all manufactured goods are touched by the business of chemistry. Chemistry is essential to our economy & plays a vital role in the creation of ground-breaking products that make our lives and our world healthier, safer, more sustainable and more productive.
The Business of Chemistry by the Numbers
$633
Billion generated annually by the business of chemistry
25%
Of the U.S GDP is supported by the business of chemistry
$32.6
Billion in capital investment to support U.S. chemical production
554K
Skilled, good-paying American jobs supported by the business of chemistry
$100K
Average annual pay of the chemical industry’s workforce
4.1
Million jobs are supported by the business of chemistry
$164
Billion exported, accounting for 10% of all exported U.S. goods
18%
Of the total construction spending by the U.S. manufacturing sector involved the business of chemistry
$12.7
Billion invested in research and development of chemistry
1
Billion tons of chemical products were transported making the business of chemistry one of the largest shippers
2nd
Largest chemical producer making the U.S. one of most important sources of chemistry in the world
