Covestro's revenue 2005-2024

Published by Statista Research Department, May 6, 2025

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 2024, Covestro generated approximately 14.2 billion euros of revenue, a decrease compared to the previous year.

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Revenue of Covestro from 2005 to 2024 (in million euros)

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Release date

March 2025

Region

Worldwide

Survey time period

2005 to 2024

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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