Umicore

Company Snapshot

Founded: 1989
Entity Type: Public
Employees: 11948
Region: Europe
Revenue: $19,755.9 Millions
Revenue Year: 2023
Headquarter: Brussels, Belgium
Key Geographics: Europe, Asia-Pacific, North America, South America, Africa
Corporate Address: Broekstraat 31/Rue du Marais, B-1000 Brussels, Belgium Tel. +32-0401-574-852 www.umicore.com

Company Overview

Umicore is a market-leading provider of circular materials technology with deep knowledge in metals, chemistry, and material science. The company focuses on Catalysis, Energy and Surface Technologies, and Recycling as its three main industry segments addressing worldwide megatrends. Its experts apply cutting-edge innovation, application know-how, and unwavering ambition to every aspect of their work to produce material-based solutions that promote sustainable living throughout the globe.

Most of Umicore's revenue comes from clean technologies, such as emission control catalysts, rechargeable batteries components, and recycling, which also receive most of the company's R&D resources. Umicore aspires to develop, produce, and recycle materials in a manner that satisfies its mission: materials for a better living. This ambition forms the foundation of Umicore's overarching goal of sustainable value creation.

Financial Highlights (FY 2023)

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

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Umicore In Reports

Global Electric Vehicle Battery Reuse and Recycling Market

BCC Research Market Analyst says global market for electric vehicle battery reuse and recycling is expected to grow from $8.0 billion in 2024 and is projected to reach $28.1 billion by the end of 2029 at a CAGR of 28.5%.

Electronic Waste Management: Global Markets and Technologies

BCC Research Market Report says electronic waste management market should reach $108.1 billion by 2027 from $59.8 billion in 2022 at a (CAGR) of 12.6%.

Battery Recycling: Global Markets

Global battery recycling market should reach $9.9 billion by 2022 and more than $14.2 billion by 2027, with a CAGR of 7.4% during the forecast period of 2022-27.

Company's Business Segments

  • Catalysis : Automotive Catalysts, Light-duty vehicles, Heavy-duty vehicles, Precious Metal Chemistry, Fuel Cell and Stationary Catalysts
  • Energy and Surface Technologies : Rechargeable Battery Materials, Cobalt and Specialty Materials, Metal Deposition Solutions, Electro-Optic Materials
  • Recycling : Battery Recycling Solutions, Jewelry and Industrial Metals, Precious Metals Management, Precious Metals Refining

Applications/End User Industries

  • Automotive
  • Energy