The chemical industry in the United States is a thriving sector, with over 13,500 firms that manufacture more than 70,000 products. In 2022, the industry directly employed over 537,000 workers and supported an additional 1.8 million jobs in related industries.

The industry also attracts significant foreign investment, with total foreign direct investment (FDI) in 2022 amounting to $770 billion.

Most foreign-owned firms in the industry contributed nearly $50 billion to U.S. exports in 2018 and invested $22 billion in research and development (R&D). The chemical industry’s commitment to R&D has resulted in a strong record of intellectual property protection and many patents granted in the United States. Overall, the chemical industry is a vital contributor to the U.S. economy and a key player in the global marketplace.

The United States has several factors that make it a competitive home for chemical firms worldwide. These factors include strong product identification and quality, access to low-cost natural gas, a highly educated workforce, world-class research centers, protection for intellectual property, and a robust regulatory system.

Industry sub-sectors: 

• Basic Chemicals
• Specialty Chemicals
• Agricultural Chemicals
• Pharmaceuticals
• Consumer Products.