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About Covestro's Brand

Covestro, formerly Bayer Materials Science, was spun off from the Bayer Group in 2015. The firm is a market leader in polyurethanes and polycarbonates, products that the company discovered in the mid-20th century. Covestro also has a sizeable specialty chemicals business that is focused on coatings and adhesives. Demand for the company's products is driven primarily by cyclical end markets, such as automotive, construction, and furniture. Among its major competitors, Covestro is ranked in 1st place for NPS while BASF is 2nd, and Dow Chemical Company is 3rd.Their current valuation is $13.02B

Brand at a Glance

100%
Customer Loyalty
2.5/5
Product Quality
4/5
Pricing
4/5
Customer Service

Covestro Ranking

Covestro NPS

Covestro's Net Promoter Score (NPS) is a 100 with 100% Promoters, 0% Passives, and 0% Detractors. Net Promoter Score tracks whether Covestro's customers would recommend using the product based on a scale of -100 to 100.

Covestro Overall NPS

100
NPS
100%Promoters
0%Passives
0%Detractors
Covestro Overall NPS

Covestro NPS Trend

-100
-50
0
50
100
Jun 2022
100
Jun 2022100

How Other Brands Compare

Covestro is ranked first for NPS among its competitors. BASF and Dow Chemical Company come in second and third, with Bayer coming in at #4. Among those competitors, it is the lowest valued company behind BASF.

Covestro's Logo
Covestro
Dow Chemical Company's Logo
Dow Chemical Company
BASF's Logo
BASF
Bayer's Logo
Bayer
Global Ranking#-#196#535#-
NPS10027318
Social Sentiment Calculated by analyzing social media and other online mentions-NeutralNeutral-
Valuation Updated every 24 hours for public companies$13.02B$68.56B$76.09B$61.97B

What is NPS

Net Promoter Score (NPS) is a management tool that can be used to gauge the satisfaction of a firm's customer relationships. NPS has been widely adopted as a key metric often linked to the revenue potential of a company’s product or service. The metric is based on customer responses to the question: "On a scale of 0 to 10, how likely are you to recommend the product to a friend?"

Those who respond with a score of 9 to 10 are known as Promoters, and are widely associated with behaviors that create value, including actively encouraging others to use the product or service. Those who respond with a score of 7 or 8 are categorized as Passives, and they are believed to be less likely to exhibit the value-creation traits of Promoters having a largely neutral effect on other consumers. Detractors are those who fall in the score range of 0 to 6 and represent dissatisfied customers of the product sometimes actively recommending against using the product.

Covestro NPS vs. Competitors

Compared to its competitors, Covestro's NPS is rated right above BASF.

Covestro Customer Loyalty

100%

Customer Loyalty is a strong indicator of whether or not a customer will choose a brand repeatedly over a competitor that offers similar products/services.

100% of Covestro users/customers answered "Yes" when asked: "Would you consider yourself a loyal user/customer?"

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100
100%
0
0%
Covestro Customer Loyalty

Covestro Customer Loyalty vs. Competitors

Compared to its competitors, Covestro's Customer Loyalty score is rated right above Corbion.

COMPANYCustomer Loyalty Score
Covestro100%
Corbion95%
BASF83%
Dow Chemical Company 79%
Bayer72%
Hexion69%
LANXESS DeutschlandN/A

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Corbion's Logo
BASF's Logo
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Covestro Product Quality

2.5/5

Covestro has an overall Product Quality score of 2.5 out of 5 stars rated by its users and customers.

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Covestro Product Information

Covestro’s product quality score is a 2.5 out of 5 as rated by its users and customers.

Website
www.covestro.com
Company Size
10,000+ Employees

Covestro Product Quality vs. Competitors

Compared to its competitors, Covestro's Product Quality score is rated right above LANXESS Deutschland, and is preceded by Hexion.

COMPANYProduct Quality Score
BASF4.2/5
Dow Chemical Company 4.1/5
Bayer3.8/5
Corbion3.7/5
Hexion3.1/5
Covestro2.5/5
LANXESS DeutschlandN/A

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Covestro Pricing

Covestro ROI & Value For Money

4/5

Covestro has a value for money and ROI score of 4 out of 5 stars rated by its users and customers.

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Covestro Pricing vs. Competitors

Compared to its competitors, Covestro's ROI score is rated right above Dow Chemical Company , and is preceded by BASF.

COMPANYPricing Score
BASF4.1/5
Covestro4/5
Dow Chemical Company 3.9/5
Bayer3.6/5
Corbion3.6/5
Hexion3.2/5
LANXESS DeutschlandN/A

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Dow Chemical Company's Logo
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Covestro Customer Satisfaction (CSAT)

Covestro Customer Satisfaction (CSAT) Score

100 / 100

Covestro has an overall Customer Satisfaction score of 100 rated by its users and customers.

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Very Satisfied0%
Satisfied100%
Neither Satisfied nor Dissatisfied0%
Dissatisfied0%
Very Dissatisfied0%
Very Satisfied
0%
Satisfied
100%
Neither Satisfied nor Dissatisfied
0%
Dissatisfied
0%
Very Dissatisfied
0%

What is Customer Satisfaction (CSAT) Score

Customer Satisfaction Score (also known as CSAT), is a metric used to quantify how satisfied customers are with a company or brand’s products and services. The Customer Satisfaction Score is based on customers response to the question: “How would you rate your overall satisfaction with the service you received?” The score is calculated using the formula: (The total number answer of “Very Satisfied” and “Satisfied”) ÷ (The total response) x100, and it is generally displayed in percentages. Some of the main benefits of the CSAT for businesses are tracking retention, identifying happy customers and growing relationships, and gaining repeat business to build a sustainable brand.

Covestro Customer Satisfaction vs. Competitors

Compared to its competitors, Covestro's Customer Satisfaction score is rated right above BASF.

COMPANYCustomer Satisfaction (CSAT) Score
Covestro100%
BASF83%
Bayer82%
Corbion80%
Dow Chemical Company 76%
Hexion50%
LANXESS Deutschland0%

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Covestro Customer Service

4/5

Covestro has an overall Customer Service score of 4 out of 5 stars rated by its users and customers.

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About Covestro's Customer Service

Address

Kaiser-Wilhelm-Allee 60, Leverkusen, 51373


Website

www.covestro.com


Phone Number

7

Covestro Customer Service vs. Competitors

Compared to its competitors, Covestro's Customer Service score is rated right above Dow Chemical Company , and is preceded by BASF.

COMPANYCustomer Service Score
BASF4.1/5
Covestro4/5
Dow Chemical Company 3.9/5
Bayer3.7/5
Corbion3.6/5
Hexion3.2/5
LANXESS DeutschlandN/A

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Consumer vs. Employees

Covestro scored a 100 for both Net Promoter Score and Employee Net Promoter Score. NPS gauges how likely a customer of Covestro would recommend the brand to a friend. ENPS measures how likely Covestro employees would recommend working at Covestro to a friend.

Net Promoter Score

100
NPS Score
100%Promoters
0%Passive
0%Detractors

Employee Net Promoter Score

100
eNPS Score
100%Promoters
0%Passive
0%Detractors

Global Ranking Snapshot

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