Covestro's revenue 2005-2023

Published by Statista Research Department, May 22, 2024

Covestro is a Bayer spinout that was formed in autumn 2015. It was formerly the materials science division of Bayer, known as Bayer MaterialScience. The company is mainly involved in the production of high-tech ­polymers. In 2023, Covestro generated approximately 14.4 billion euros of revenue, the highest amount in the considered time period.

Revenue of Covestro from 2005 to 2023 (in million euros)

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Release date

March 2024

Region

Worldwide

Survey time period

2005 to 2023

Supplementary notes

Covestro is a spinout that was formed in autumn 2015. It was formerly the materials science division of Bayer, known as Bayer MaterialScience. 
This statistic was assembled from several annual reports. Figures prior to 2016 were taken from Bayer's annual reports for each respective year and are attributable to Bayer MaterialScience.

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