Covestro's Performance Materials revenue 2020-2023
Covestro's Performance Materials segment revenue in 2023 amounted to around 6.9 billion euros, a decrease when compared to the previous year. That amount also corresponded to a 47.8 percent share of the company's total annual revenue that year.
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.