The Guide to the Business of Chemistry provides valuable insight into the state of our industry and how it is interwoven with the economy and our everyday lives.
Our industry supports a vast supply chain and creates economic activity across the country. With $639 billion worth of shipments in 2022, the United States accounts for 11% of the world’s total chemical production. American chemistry comprises 1.1% of US GDP and provides more than half a million jobs, with average pay of more than $92,000 per year. For every chemistry industry job, more than six jobs are supported elsewhere in the economy.