Chemical industry income generated

The chemical industry is one of the major income generators for Britain, and its products are one of our major exports. It is because the country needs to educate everyone on chemical matters, and also to prepare people on foundation and access courses for future university science courses involving some chemistry that the Royal Society of Chemistry has initiated this and other books. 

For other measures of the economic impact of the chemical industry, we used national income data generated by the Bureau of Economic Analysis in the Department of Commerce see, for example, National Income and Product Accounts of the United States (lA, 1981). Other more esoteric economic measures (such as total factor productivity) are discussed in Chapter 4. Readers interested in money and manpower invested in research and development by the chemical industry are referred to the specific sources mentioned in Section 5.1 and to the NSF series Research and Development in Industry produced by the Division of Science Resources Studies (e.g., lA, NSF, 1976c). 

It is estimated that the chemical industry contributes about 10% to the world s total trade and about 5% to the total income. It employs about 10 million employees and generates a combined turnover of more than 3 trillion dollars including from pharmaceuticals. The manufacturing processes of many of the products mentioned are critically dependent on the use of catalysts. In recent years, catalytic research has gained additional momentum for two main reasons. 

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