Baikowski Reports Significant Growth Amid Market Diversification in 2024

In 2024, Baikowski, a specialist in industrial minerals, achieved a substantial revenue increase of 32.6%, reaching €47.7 million. This growth was primarily fueled by the recovery in the electronics market and expansion into new industrial sectors. The company experienced a marked resurgence in its chemical mechanical polishing (CMP) applications, bouncing back from a sluggish 2023 attributed to weaknesses in the semiconductor market.

Baikowski's diversification efforts paid off in sectors like batteries, aerospace, and medical, leading to solid results. The company's turnover showed significant regional variations, with Asia and the rest of the world accounting for 61% of revenue, indicating a shift from previous years.

Recognizing the need for innovation, Baikowski focused its R&D on expanding its product range and addressing new industrial demands. Its partnership projects like the decarbonization of alumina production earned acclaim under the France 2030 plan, highlighting its commitment to sustainable practices.