The German chemical industry has an outstanding position inside Europe. Nearly 25% of chemical product sales in the European Union (EU) are by German chemical companies. Ranking behind China, the US a..
The German chemical industry has an outstanding position inside Europe. Nearly 25% of chemical product sales in the European Union (EU) are by German chemical companies. Ranking behind China, the US and Japan, Germany is the fourth largest chemical manufacturer worldwide. Also, the chemical industry holds an eminent position within Germany’s overall economy. With more than 184 billion Euros, the share of manufacturing industry sales by chemical companies was well over 10%; thus, the German chemical industry is ranked third among all manufacturing sectors, behind automobile and machinery.
In recent years, German chemical companies successfully increased their competitiveness with rest
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