With its more than 3,300 companies, the chemical industry is one of the largest and most consolidated industrial sectors in this country.
Its weight as the economic engine of Spain translates into the generation of 5.8% of GDP and 3.5% of employment in Spain, if we add its indirect and induced effects.
With a turnover of 66,500 million euros, of which almost 60% are invoiced in foreign markets (up to 38,500 million euros) and a growing weight in countries outside the European Union, the chemical sector is the 2nd largest exporter in the Spanish economy, only behind the automobile.
The chemical sector is also an example of a solid industry in generating high-quality employment in terms of salary and stability, since it provides direct employment to 205,200 people, a figure that exceeds 700,000 if we count indirect and induced jobs. With an average salary of 37,500 euros and 93% of permanent contracts.
The chemical industry is also a leader in Innovation. Last year, more than 2,800 million euros were allocated to R & D & i, which represents a quarter of total private investment in this area. Likewise, one in five private sector researchers is hired by the chemical industry to practice their profession.
Another of the main features of the sector is its transversal nature, since it intervenes in practically all the value chains of the manufacturing industries. 98% of production activities require chemistry at some point in the manufacturing process, whether in the fields of health, consumption, mobility, construction, food, or energy, so their demand is always derived. Hence, it is, without a doubt, an essential and strategic industry to guarantee the functioning and development of our current society.
With its more than 3,300 companies, the chemical industry is one of the largest and most consolidated industrial sectors in this country.
Its weight as the economic engine of Spain translates into the generation of 5.8% of GDP and 3.5% of employment in Spain, if we add its indirect and induced effects.
With a turnover of 66,500 million euros, of which almost 60% are invoiced in foreign markets (up to 38,500 million euros) and a growing weight in countries outside the European Union, the chemical sector is the 2nd largest exporter in the Spanish economy, only behind the automobile.
The chemical sector is also an example of a solid industry in generating high-quality employment in terms of salary and stability, since it provides direct employment to 205,200 people, a figure that exceeds 700,000 if we count indirect and induced jobs. With an average salary of 37,500 euros and 93% of permanent contracts.
The chemical industry is also a leader in Innovation. Last year, more than 2,800 million euros were allocated to R & D & i, which represents a quarter of total private investment in this area. Likewise, one in five private sector researchers is hired by the chemical industry to practice his profession.
Another of the main features of the sector is its transversal nature, since it intervenes in practically all the value chains of the manufacturing industries. 98% of production activities require chemistry at some point in the manufacturing process, whether in the fields of health, consumption, mobility, construction, food, or energy, so their demand is always derived. Hence, it is, without a doubt, an essential and strategic industry to guarantee the functioning and development of our current society.