Overregulating the chemistry industry jeopardizes innovation, jobs, and economic growth. Learn more.

The Business of Chemistry by the Numbers

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.

Billion generated annually by the business of chemistry
Of the U.S GDP is supported by the business of chemistry
Billion in capital investments were made in the business of chemistry in 2022, including investments in structures and equipment
Skilled, good-paying American jobs are provided by the business of chemistry
Is the average annual pay in the business of chemistry which is 22% higher than the average manufacturing pay
Million jobs are created by the business of chemistry
Of U.S. goods exports come from the business of chemistry, $179 billion in 2022, and this industry is among the largest exporters in the U.S.
Of the total construction spending by the U.S. manufacturing sector in 2022 involved the business of chemistry
Billion plus invested in research and development by chemical companies in 2022
Billion tons of products were transported in 2022, making the business of chemistry the country’s largest shippers
Of chemicals are produced by the U.S., the world’s second largest producer

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