Covestro's revenue 2022-2023, by segment
Covestro's 'Performance Materials' segment generated more revenue than the 'Solutions & Specialties' segment did in 2023 at over nine billion euros. This segment comprises the company's standard urethane components, standard polycarbonates, and base chemicals businesses. The 'Solutions & Specialties' segment, on the other hand, comprises sophisticated products that require a high pace of innovation and application technology services. Although this segment generated slightly less revenue than the 'Performance Materials' segment, it still contributed significantly to the company's overall revenue.