Covestro Competitors and Similar CompaniesClear all
Covestro's competitors and similar companies include Mativ, VELOX, Formosan Rubber Group and Eastman.
 Mativ Mativ Holdings (formerly known as Schweitzer-Mauduit International) is a specialty materials company. |  VELOX VELOX is a company that distributes raw materials and provides solutions for the plastics, composites, additives, rubber, paints and coatings industries. |  Formosan Rubber Group Formosan Rubber Group (FRG, 厚生股份有限公司) is a company that manufactures plastic, rubber, and synthetic leather products. |  Eastman Eastman Chemical is a specialty materials company specializing in chemical processes and polymer science. | ||
Founding Date | Founding Date 2015 | Founding Date 2022 | Founding Date 1993 | Founding Date 1952 | Founding Date 1920 |
Type | Type Public | Type Public | Type Subsidiary | Type Public | Type Public |
Tags | |||||
Locations | Locations Leverkusen, DE HQ São Paulo, BR Shanghai, CN Brunsbüttel, DE Dormagen, DE Krefeld, DE Leverkusen, DE see more | Locations Alpharetta, US HQ Pirai, BR Shanghai, CN Contern, LU Alpharetta, US Ancram, US Prosperity, US see more | Locations Hamburg, DE HQ Varese, IT Barcelona, ES | Locations Taipei, TW HQ Shanghai, CN Hong Kong, HK Taipei, TW | |
Employees | Employees 17,660 | Employees 5,1006% decrease | Employees 901% decrease | Employees 1915% decrease | Employees 13,0007% decrease |
Valuation ($) | Valuation ($) 11.9 b | Valuation ($) 842.1 m | Valuation ($) N/A | Valuation ($) N/A | Valuation ($) 12.3 b |
Financial | |||||
Revenue (est.) | Revenue (est.) €12.9b (FY, 2025) | Revenue (est.) $2b (FY, 2025) | Revenue (est.) N/A | Revenue (est.) NT$1.5b (FY, 2024) | Revenue (est.) $8.8b (FY, 2025) |
Cost of goods | Cost of goods €10.1b (FY, 2025) | Cost of goods $1.6b (FY, 2025) | Cost of goods N/A | Cost of goods NT$903.5m (FY, 2024) | Cost of goods $6.9b (FY, 2025) |
Gross profit | Gross profit €3b (FY, 2025) | Gross profit $362.9m (FY, 2025) | Gross profit N/A | Gross profit NT$584.1m (FY, 2024) | Gross profit $1.8b (FY, 2025) |
Net income | Net income (€643m) (FY, 2025) | Net income ($337.4m) (FY, 2025) | Net income N/A | Net income NT$573.5m (FY, 2024) | Net income $475m (FY, 2025) |
Operating ⚠ | |||||
Certifications | Certifications N/A | Certifications 3 (FY, 2022) | Certifications N/A | Certifications 12 (Jun, 2023) | Certifications N/A |
Countries | Countries 66 (FY, 2021) | Countries 100 (Q3, 2023) | Countries N/A | Countries N/A | Countries 12 (FY, 2022) |
For sources of this data, please see the company profile
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Mativ
HQ
Alpharetta, US
Employees
5,100↓ 6% decrease
Mativ Holdings (formerly known as Schweitzer-Mauduit International) is a specialty materials company.
View companyVELOX
HQ
Hamburg, DE
VELOX is a company that distributes raw materials and provides solutions for the plastics, composites, additives, rubber, paints and coatings industries.
View companyFormosan Rubber Group
HQ
Taipei, TW
Employees
191↓ 5% decrease
Formosan Rubber Group (FRG, 厚生股份有限公司) is a company that manufactures plastic, rubber, and synthetic leather products.
View companyEastman
HQ
Kingsport, US
Employees
13,000↓ 7% decrease
Eastman Chemical is a specialty materials company specializing in chemical processes and polymer science.
View company