Almost 20% of the sector’s total turnover at European level is generated by the trilateral chemical industry. Building upon its
Verbund structure, i.e. the tight physical integration of chemical plants in the three regions, the trilateral chemical industry profits from a very
efficient production structure. In terms of chemical sales per capita, the trilateral region is even by far the highest performing chemical region worldwide with approximately EUR 3,600 in sales per capita (China: EUR 1,300; Japan: EUR 1,500; USA: EUR 2,400).
The chemical industry is a highly innovative industry
in the trilateral economy; no other industry gives rise to so many innovation impulses to downstream value chains. Being the home base
for some of the world’s largest chemical companies, the region also belongs to the main R&D investors in Europe. Beside global players the structure is consists of a large variety of SMEs, start-ups and a diverse and high-quality R&D landscape.
Taken together, the three regions form the ’industrial heart’ of the European chemical industry.