Covestro's market share by material 2024

Published by Statista Research Department, May 12, 2025

In 2024, Covestro held a ** percent share of the global market for aliphatic isocyanate derivatives. The second-largest material market share that Covestro had at that time was tolylene diisocyanate (TDI), at ** percent of the global market. 

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.

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Covestro's market share of selected portfolio materials as of 2024, by material

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Release date

April 2025

Region

Worldwide

Survey time period

2024

Supplementary notes

Figures are based on total nameplate capacity at year end 2024 relative to competitors. Covestro is a spinout that was formed in autumn 2015. It was formerly the materials science division of Bayer, known as Bayer MaterialScience.

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