Skip to main navigation menu Skip to main content Skip to site footer
Repositorio de la Red Internacional de Investigadores en Competitividad

VENTAJA COMPETITIVA Y DESARROLLO ECONÓMICO

Vol. 8 No. 1 (2014): Innovación y competitividad. Impulsores del desarrollo. ISBN: 978-607-96203-0-3

Innovation in European chemical industry: A focus on large chemical companies

Submitted
November 30, 2016
Published
2018-01-05

Abstract

The European chemical industry supplies to virtually all sectors of the economy and accounts for 17.8 % of the total chemical sales in the world. This paper gives an overview of the European chemical industries and focusses on the top fifteen chemical companies of this region. It gives an idea about the current problems this industry is facing in Europe and shows how the region and the top companies are investing in R&D to bring innovation to overcome the current challenges. The study shows that the R&D spending in absolute term has remained similar over the years and it is still globally the largest investor for the R&D activities.  BASF has been making the largest R&D spending followed by Bayer and Syngenta while the R&D intensity is highest for Syngenta and Bayer. BASF and Bayer top the list in patent application and number of granted patent.

References

  1. Arora, A., Landau, R. & Rosenberg, N. (1998). Chemicals and Long Term Economic Growth. New York: John Wiley and Sons.
  2. Tullo, A. (2013). Global Top 50 C&EN’s 2013 survey shows leading chemical firms are pausing after a period of growth. C&EN Chemical Engineering News, 91(30), 13-16.
  3. Cefic. (2013). The European Chemical Industry Council: Facts and Figures 2012. Retrieved from http://www.cefic.org/Facts-and-Figures
  4. Cefic. (2014). The European Chemical Industry Council: Facts and Figures 2013. Retrieved from http://www.cefic.org/Facts-and-Figures
  5. Davis, N. (2013). ICIS Top 100 Chemical Companies. ICIS Chemical Business. Retrieved from http://www.icis.com/top100chem
  6. EUROSTAT. (2013). Manufacture of chemicals and chemical products statistics - NACE Rev. 2. Retreived from: http://epp.eurostat.ec.europa.eu/statistics_explained/index.php/Manufacture_of_chemicals_and_ chemical_products_statistics_-_NACE_Rev._2
  7. Schulz, O., Rings, T., Forrest, R. & Hoyningen-Huene, J. (2012). Chemical industry vision 2030: European perspective, Chicago. Retreived from: http://www.atkearney.com/chemicals/ideas-insights/article//asset_publisher/LCcgOeS4t85g/content/chemical-industry-vision-2030-a-europeanperspective/10192
  8. Thomson Innovation. (2014). Thomson Innovation Database: Thomson Reuter. Retreived from: https://www.thomsoninnovation.com/login
  9. Thomsonone. (2014). Thomson One Database: Thomson Reuter. Retreived from: https://www.thomsonone.com/DirectoryServices/2006-0401/Web.Public/Login.aspx?brandname=www.thomsonone.com&version=3.7.9.18833&protocol =0
  10. Wkipedia. (2014). Patent. Retrieved from: http://en.wikipedia.org/wiki/Patent

Most read articles by the same author(s)