ITIF：2024年中国化学工业的创新程度如何？（英文版 ）

The global chemicals industry had sales of $4.7 trillion in 2022.1 While encompassing a wide array of products, the industry can be classified by four segments: basic chemicals, agricultural chemicals, specialty chemicals, and consumer products (e.g., soaps). This report focuses on basic and specialty chemicals. The latter are generally harder to make and see more product innovation. China leads the world in terms of chemicals industry sales, accounting for over 40 percent of the global marke