Covestro's revenue share by segment 2023
Covestro's sales in 2023 amounted to approximately 14 billion euros. Of that amount, the company's Solutions & Specialties segment accounted for the largest share, at 50 percent of the annual revenue in 2023.
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.