Albemarle Corp’s Revenue Breakdown Worldwide (2013-2023)

This statistic highlights Albemarle Corp’s Revenue Breakdown Worldwide, split between Foreign and US, reported annually from 2013 onwards.

Albemarle Corp’s Revenue Breakdown Worldwide

The company is a global specialty chemicals provider, primarily focused on the development, production, and marketing of Lithium, Bromine, and Catalytic Catalytic Hydrogen (SCH) solutions. Its products and solutions are essential for advancing clean energy and sustainable mobility, as well as other industries

(All figures in USD millions, except percentages)

The Corporation generates a major portion of its total revenue from foreign countries. From the table, it can be inferred that the revenue generated from foreign countries exhibited a growth of 147% year-over-year; while revenue generated from the U.S. showed a growth of 21% year-over-year as of 31st December 2022. 

Foreign

Albemarle Corporation conducts a substantial portion of its business outside the U.S., with approximately 88% of its sales to foreign countries. They operate and/or sell their products to customers in approximately 70 countries. They currently have many production, research and development, and administrative facilities as well as sales offices located outside the U.S. It includes countries such as China, Germany, Japan, South Korea, and various others.

US

The company is a major player in the U.S. market, having a leading position in both the lithium and bromine sectors. It operates a number of facilities in the country, including manufacturing and research centers located in California and Texas, as well as facilities located in North Carolina and Florida. It is anticipated that the company’s revenue will continue to expand in the near future, due to the development of key markets such as the electric vehicle and energy storage.

About Albemarle Corporation

The company was established in 1994 by the merger of two other specialty chemicals companies, Ethyl Corporation, and has since expanded its operations through a combination of mergers and organic growth. It currently operates in three divisions: Lithium, Bromine Specialties and Catalysts. In 2020, it was the world’s largest provider of lithium-to-electric vehicle batteries. In 2015, it acquired Rockwood Holdings Inc., making it the global leader in bromine production and the second-largest lithium producer. 

The company operates in more than 100 countries and employs over 10,000 people globally. It is a publicly-traded company with a ticker symbol of “ALB”. Its stock price has fluctuated over the years but has generally followed the broader market’s performance. Additionally, the company invests in research and development to develop cutting-edge technologies and innovative solutions, in order to meet the changing demands of its customers and foster a more sustainable future.

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