Forecast on global annual chemical industry capital expenditures 2019-2023
This statistic displays a forecast of the annual value of capital expenditures in the chemical industry worldwide from 2019 to 2023. In 2023, the total capital expenditure in the global chemical industry is expected to reach 239 billion U.S. dollars. Appreciation of the U.S. dollar is likely to reduce costs and increase production in the chemical industry. The capacity of the chemical industry is also continuing to increase and will likely contribute to innovation and more efficient production.