FREUDENBERG GROUP

Company Snapshot

Founded: 1849
Entity Type: Public
Employees: 52,241
Region: North America
Revenue: $12,873.8 Millions
Revenue Year: 2023
Headquarter: Weinheim, Germany
Key Geographics: Germany, EU (Excluding Germany), Other European Countries, North America, South and Central America, Asia, Africa and Australia
Corporate Address: Hohnerweg 2-4 Weinheim 69469 Germany Tel. +49-6201-80-0 www.freudenberg.com

Company Overview

Freudenberg Group produces seals, filters, nonwovens, technical textiles, surface treatment products, release agents, and mechatronic products in the global market. The company mainly operates nine business segments, namely, automotive OEMs, final users, mechanical and plant engineering, construction, spare parts, business medicine and pharmaceuticals, textile and apparel, energy and water, and chemicals. Under the textile and apparel segment, the company offers technical textiles, nonwoven, and fabric solutions to various end-use industries, namely automotive, building materials, clothing, and healthcare. The company has a strong presence in the global technical textile markets and provides its technical textiles in more than 60 countries.

Financial Highlights (FY 2023)

Net Revenue: ***
Total Current Liabilities: ***
Total Current Assets: ***
R&D expenses: ***
Operating Income: ***

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FREUDENBERG GROUP In Reports

Technical Textiles: Global Markets

BCC Research Market Analyst says global market for technical textiles is expected to grow from $213.8 billion in 2024 and is projected to reach $284.0 billion by the end of 2029, at a CAGR of 5.8%.

Technical Textiles: Global Markets

BCC Research Market Analysis Report Says global market for technical textiles is estimated to increase from $197.8 bln in 2022 to $255.4 bln by 2027 at a CAGR of 5.2%.

Global PEM Electrolyzer and MEA Component Market

Global PEM electrolyzer (PEMEL) market should grow from $737.6 million in 2022 to $4.3 billion by 2027 with a CAGR of 42.2% for the period of 2022-27.

Company's Business Segments

  • Sales from sales of goods : This segment includes Seals and Vibration Control Technology Business Products, Cleaning Technologies and Products Business Products, Technical Textiles and Filtration Products Chemical Specialities Products, Medical and many others.
  • Sales from research and development / research and development licenses : This segment includes Government Grants, Licencing Research and Development Activities to the Partnered companies.
  • Sales from services : Services to a wide range of customers including Oil and Gas Producers, Original Equipment Manufacturers as well as Engineering and Service Companies.
  • Sales from production-related licenses : This segment includes Production-Related Licenses to the Partnered companies.
  • Other sales : Other sales include Inter Alia, sales from the sale of Customer-Specific Tools, sales from Rental and Lease Contracts and sales from Support and Supplementary Operations.

Applications/End User Industries

  • Automotive
  • Energy
  • Industry
  • Healthcare
  • Household
  • Transport
  • Resources
  • Manufacturing
  • Food Processing
  • Textiles