Coveme

What Coveme does

Coveme S.p.A. is an Italian privately-held specialty materials manufacturer that transforms polyester film into high-performance substrates for industrial applications. Founded in 1964 and headquartered in San Lazzaro di Savena (Bologna) with production operations in Gorizia, the company operates 9 production lines and 2 R&D laboratories and employs between 251 and 500 people. Its core capabilities are treating, coating, heat-stabilizing, laminating, and cutting polyester film to produce branded product lines including dyMat (photovoltaic backsheets and frontsheets), Kemafoil (treated and coated polyester films), DyBond/DyTerm/DyFlex/DyVolt (Nomex- and Kapton-based electrical insulation laminates), and KTR (transfer and release films). End markets span photovoltaic modules, electrical insulation for motors, transformers, and EV powertrains, graphic and industrial print, labelling, flexible circuitry, biomedical devices, and differentiated industrial uses such as abrasive discs and protective films.

The company monetizes through direct B2B sales of these specialty films and laminates to industrial manufacturers, with no publicly disclosed pricing. Go-to-market is built on enterprise field sales supported by participation in major global trade shows (SNEC, Intersolar, RE+, Fespa, Coiltech, CWIEME, Techblick, CMEF, EU PVSEC, LOPEC) and wholly-owned regional trading subsidiaries in India (established January 2017 in Aurangabad) and the United States (Coveme America Inc., established April 2023). A strategic collaboration with DuPont, under which Coveme operates as a qualified Nomex laminator and Tedlar-based backsheet producer, anchors its electrical insulation and photovoltaic offerings, with the DyBond Blue process co-patented between the two companies.

Coveme holds a stack of customer-mandated certifications including IATF 16949 for automotive supply, UL recognition (including UL 94 V-0 for flame resistance), TÜV Rheinland and TÜV SUD certifications for PV products, EcoVadis Silver for sustainability, and OEKO-TEX Standard 100 (Class 1) for transfer release films. Named enterprise customers include Trinasolar and Ilum China in the photovoltaic sector, and the company is a member of the China Photovoltaic Industry Association (CPIA) and PRINTING United Alliance. The entity is structured as a Società Unipersonale (single-member company), indicating single-shareholder ownership with no disclosed venture or private equity backing.

Name

Coveme

Legal name

Coveme S.p.A.

Website

https://coveme.com

Company type

Private

Founded year

1964

Operating status

Operating

Headcount range

251–500 employees

Short description

Coveme S.p.A. is an Italian specialty manufacturer that converts polyester film into branded substrates — including photovoltaic backsheets, electrical insulation laminates, and transfer release films — serving industrial OEMs in solar, e-mobility, electrical equipment, graphic print, and biomedical markets.

Ownership category

akta.pro rank

Product category

Specialty Polyester Films

NAICS

Plastics Packaging Film and Sheet (including Laminated) Manufacturing (326112), Laminated Plastics Plate, Sheet (except Packaging), and Shape Manufacturing (326130), Unlaminated Plastics Film and Sheet (except Packaging) Manufacturing (326113)

SIC

Unsupported Plastics Film & Sheet (3081)

akta.pro primary industry

Multilayer Laminates & Composite Structures (Solvent/Water/Extrusion Laminated) (IMALABAD)

akta.pro secondary industry

Polyester & Nylon Films (PET/BOPET, PA/BOPA) (IMALABAB)

Keywords

• Polyester film manufacturing
• Photovoltaic backsheet films
• Electrical insulation laminates
• Transfer release films
• Flexible substrate conversion

Headquarters

HQ city

Gorizia

HQ country

Italy

HQ region

Europe

Offices4 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Personnel, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Polyester Film Products: Coveme manufactures and sells specialty polyester films and laminates to industrial customers across photovoltaic, electrical insulation, labeling, flexible circuitry, biomedical, and graphic applications. Products include backsheets, insulation materials, release films, and coated films sold directly to manufacturers.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels5 records

Core offering

Coveme transforms polyester film through proprietary treating, coating, heat-stabilizing, laminating, and cutting processes to manufacture specialty films and laminates for industrial customers. Its core products include backsheets and frontsheets for photovoltaic modules, flexible electrical insulation materials for motors/transformers/EV applications, transfer release films for printing, coated films for labels and flexo plates, and hydrophilic films for biosensors. Products are organized under branded product families: dyMat (photovoltaic), Kemafoil (treated/coated films), DyBond/DyTerm/DyFlex/DyVolt (electrical insulation), and KTR (transfer and release).

Product overview

Coveme is a leader in polyester film technology with 60 years of experience, operating 9 production lines in Italy. The company's product portfolio is organized into distinct business units: Photovoltaic (dyMat branded backsheets and frontsheets for solar panels including Tedlar, PVDF, and PET-based solutions), Flexible Circuitry (TSL, MTSL, HSPL films for printed circuits and biosensors), Electrical Insulation (DyFilm, DyFlex, DyTerm, DyBond, Nomex, Kapton laminates for motors and transformers), Transfer & Release (KTR films for screen printing, digital printing, car wrapping, and flocking), Labelling (KIJ, KCP, KCPD films for ink jet and laser printers), Flexo & Offset (KFC, LSC films for printing plates and prepress), Biomedical (HHNW hydrophilic films, TSL, HSPL for biosensors), and Differentiated Industrial Applications (HP/HPH films for adhesives, abrasives, synthetic grass, protective devices). Products are available in standard, Green (formaldehyde-free), and ECO (recycled PET) versions. The company serves renewable energies, graphic and industrial print, microelectronics, transport, household appliances, and automotive sectors.

Differentiator

Problem solved

Functional benefit

Brands

• Kemafoil: Registered trademark for Coveme's range of polyester films used in various applications including electrical insulation, flexible circuitry, labelling, and biomedical applications.
• dyMat
• KTR
• DyBond
• DyFlex
• DyTerm

Products and services

• dyMat Backsheets for Photovoltaic Modules Family of photovoltaic backsheets for solar module encapsulation, including Tedlar-based (dyMat TSL, for 1500 VDC with 25µm PVF + 285µm PET), PET-based (dyMat HDPYE, transparent and black high-reflectivity variants for 1500 VDC), PVDF-based (dyMat KF, white and clear for 1500 VDC with superior UV resistance), extra moisture barrier with integrated aluminum (dyMat APYE L/C, for 1000 VDC modules near water), barrier primer (dyMat HDPYE SPV LDO for TOPCon/HJT/thin film/flexible PV/c-SI), and inter-ribbon electrical insulators (dyMat EPE and dyMat E transparent EVA adhesive tape).
• dyMat Clear Frontsheet Mono

Quantifiable outcome

• Polyester film is 100% recyclable
• +4 more outcomes

Named customers3 records

Segments6 records

Ideal customer profiles5 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

Seven partnerships are on record, tiered core and minor.

• DuPontcoreStrategic or Co-development Partner · 20 September 2023Strategic collaboration for Nomex-based insulation products and Tedlar-based backsheet products. Coveme is a DuPont Nomex qualified laminator and distributor. Joint development agreement for patented DyBond Blue technology converting mica-containing Nomex products.
• TÜV RheinlandcoreStrategic or Co-development PartnerDeep strategic cooperation for certification and testing of photovoltaic products. Coveme dyMat products are TÜV Rheinland and TÜV SUD certified.
• China Photovoltaic Industry Association (CPIA)minorOthersMembership in CPIA to promote and safeguard interests of members, endorsing cooperation and exchange in the photovoltaic industry.
• Natcore Technology Inc.minorStrategic or Co-development PartnerJoint development agreement to assess and develop high throughput methods to produce laser-processed all-back-contacts on silicon solar cells.
• Ilum ChinaminorStrategic or Co-development PartnerStrategic partner for the Chinese photovoltaic market.
• Save the ChildrenminorOthersCharitable partnership for building a surface well in Uganda for children's health.
• ANT FoundationminorOthersCharitable partnership contributing to projects of the heart for the non-profit ANT foundation.

Scale indicators4 records

Recent moves8 records

Expansion highlights6 records

Broad incumbents

• DuPont Teijin Films: DuPont/Teijin joint venture producing Mylar, Melinex, and Teijin Tetoron polyester base films (BOPET). Both Coveme's upstream raw material supplier (via DuPont Nomex/Kapton channels as well) and a broader PET film portfolio player with greater scale and product breadth.
• Toray Industries: Japanese diversified materials conglomerate producing Lumirror PET films for industrial, packaging, and electronic applications. Larger incumbent player in the polyester film space with much greater vertical integration including resin production.
• SKC Co., Ltd. Korean polyester film manufacturer producing BOPET films for industrial, packaging, and specialty applications under the Skyrol and related brands. Established broad incumbent in the global polyester film market with scale and technology breadth exceeding Coveme's converting focus.
• Mitsubishi Chemical Group (formerly Mitsubishi Polyester Film): Major Japanese chemical conglomerate producing Hostaphan and other PET base films used in industrial, magnetic, and electrical applications. Upstream supplier-of-record to many converters and broader portfolio player with extensive materials science capability.

Direct peers

• Madico Inc. US-based specialty film converter producing coated, laminated, and treated polyester films for industrial, graphic, photovoltaic, and protective applications. Highly comparable converting business model with similar customer segments in printed graphics and specialty industrial films.
• Hangzhou First PV Material (CPIA): Leading Chinese manufacturer of fluoropolymer (PVDF, Tedlar-equivalent) and PET-based PV backsheets and frontsheets. Comparable to Coveme's dyMat business with significant scale advantages and direct supply relationships with Chinese solar module manufacturers.
• Von Roll Holding AG: Swiss specialty electrical insulation producer offering prepregs (epoxy, polyester, silicone resin systems), mica-based insulation, and high-voltage insulation materials. Direct peer to Coveme's DyBond Blue and DyTerm ranges for inverter-driven motors and transformer applications.
• Elantas (Altana Group): Global electrical insulation materials manufacturer producing wire enamels, impregnating resins, casting compounds, and flexible insulation for motors, transformers, and EV powertrains. Overlaps with Coveme's electrical insulation business unit in serving the same e-mobility and industrial OEM customer base.
• Krempel Group: German specialty films and electrical insulation laminator serving motors, transformers, and e-mobility with Nomex-based and PET-based laminates. Most direct overlap with Coveme across DyTerm/DyFlex-equivalent insulation products and similar customer base in electrical equipment OEMs.
• Jolywood (Suzhou Suncare PV Technology): China's largest PV backsheet manufacturer producing Tedlar, PVDF, and PET-based backsheets as well as frontside transparent films. Direct competitor to Coveme's dyMat product line across all major module architectures including TOPCon and HJT.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights7 records

Customer concentration

• Xx.com/coveme3
• YouTubeyoutube.com/user/covemeofficial
• Facebookfacebook.com/profile.php
• LinkedInlinkedin.com/company/coveme

Compliance9 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Subsidiaries2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Coveme