Dow's revenue 2005-2021

In 2021, Dow generated nearly 55 billion U.S. dollars of revenue, a growth of more than 40 percent in comparison to the previous year. In 2020, a year marked by the COVID-19 pandemic, Dow's revenue had dropped to some 38.5 billion dollars. Dow is a U.S.-based chemical company, and one of the largest companies in the chemical industry worldwide. It is headquartered in Midland, Michigan.

Revenue distribution of Dow

Dow is composed of four different segments: Packaging & Specialty Plastics, Industrial Intermediates & Infrastructure, Performance Materials & Coatings, and Corporate. The Packaging & Specialty Plastics segment generated the most revenue in 2021, at 28.1 billion U.S. dollars. Their Industrial Intermediates & Infrastructure segment followed, bringing in some 16.9 billion dollars. In regional terms, the U.S. alone accounted for a one-third share of Dow’s revenue in 2021, with over 18 billion dollars.

DowDuPont merger and spin-off

On September 1, 2017, Dow Chemical and DuPont successfully completed a merger of equals. From that date until April 1, 2019, the single company was known as DowDuPont. After that point in time, the conglomerate split into three entities: Dow, DuPont, and Corteva. Dow is primarily dedicated to commodity chemicals, whereas DuPont focuses on specialty chemicals, and Corteva in agricultural chemicals and seeds.