Chemicals & Materials

AkzoNobel NV

Company Profile Analysis

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AkzoNobel NV - Chemicals & Materials showcase

Year Founded & Workforce

1993-12-31

46,000 Employees

Industry

Chemicals & Materials

Services

A

AkzoNobel NV Overview

Company Headquarters: Amsterdam

Founded: 1994

Workforce: ~46,000

Company Working: Akzo Nobel is one of the leading manufacturers of paints, coatings, and specialty chemicals. It operates through three core segments, namely performance coatings, decorative paints, and specialty chemicals. Specialty chemicals segment delivers adhesion promoters, emulsifiers, warm mix additives, and technical support for road construction and maintenance industry. Performance coatings segment offers coatings for aerospace, automotive, and marine industries to enhance and protect aircraft, cars and ships among others. However, in 2018, the formerAkzoNobel specialty chemicals was relaunched as Nouryon. Nouryon offers various corrosion inhibitors such as ARMOHIB CI-41 and ARQUID SV-50, which are used in various applications.

Strategy

Akzo Nobel aims at creating value-added products, becoming a reference point in the paints and coatings industry, and achieving performance goals in the automotive paints and coatings market. Furthermore, the company emphasizes environment-friendly production processes to minimize its carbon footprint and achieve sustainable profit margins.

Company Snapshot

$10,672.1M

Revenue

46,000

Employees

1993-12-31

Founded

Amsterdam

Headquarters

SWOT Analysis

Strengths

  • Established supply chain in the specialty chemicals business
  • Global leadership in the performance coatings
  • Highly equipped research & development activity
  • Strong brand image
  • Wide geographic presence
  • Focus on R&D
  • Highly equipped research & development facility

Weaknesses

  • Narrowing consumer base in overall coating segment
  • No recent developments related to ceramic coatings
  • High debt of USD 898.24 million, as of 31 December 2019

Opportunities

  • Opening new production facilities and expanding the same
  • Strategic acquisitions and partnerships
  • Scope for product launches
  • Planned joint ventures
  • Planned Acquisitions

Threats

  • Vast competition from tier-1 players in the coatings business such as Asian Paints, Berger Paints, and Shalimar Paints
  • Stringent regulatory policies
  • Uncertain conditions of the global economy
  • Vast competition from Tier-1 industry players in corrosion inhibitor such as Solvay, Ecolab and DowDupont

Product Offering

  • AkzoNobel NV
    • Paints & Coatings
    • • Water Treatment
    • • Polymer Additive
    • • Feed Additive
    • • Bleaching & Oxidizing Chemicals
    • • Personal care
    • • Agrochemicals
    • Ceramic Coatings
    • Corrosion Inhibitors

Financial Performance

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About the Author

Wantstats Research Team

Wantstats' research desk profiles AkzoNobel NV as part of our ongoing coverage of the Chemicals & Materials sector, drawing on public company data, filings, and market intelligence.

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I have been reading the first document or the study, the Global HVAC and FP market report 2021 till 2026. Must say, good info! I have not gone in depth at all parts, but got a good indication of the data inside!
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Thanks for your great support. Appreciate it. Well received report. It helps us to understand market well. We're planning other area of survey in the future, let's keep in touch.
Akif Moroglu

Strategy & Business Development Director, Dogan Holding

We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.
Noah Malgeri
Noah Malgeri

Co-Founder, Mojave Rail Fabrication Limited

This is really good guys. Excellent work on a tight deadline. I will continue to use you going forward and recommend you to others. Nice job.
Michael Robert

Manager, JavolVision

Thanks, I am so happy that we worked together. Maybe we still can work together in the future.
Joseph Aguayo
Joseph Aguayo

Sales Operations & Pricing Manager, Intel

Thanks. It's been a pleasure working with you, please use me as reference with any other Intel employees.
Bong Lau

Sales Leader, Bamberg

We bought your "2025 report" in 2020. Everything is fine and very good.
Peter Groot Koerkamp
Peter Groot Koerkamp

Account and Business Manager, EFS-Holland BV

Thanks for sending the report it gives us a good global view of the Betaïne market.
Younghwan Choi
Younghwan Choi

Senior Retail Manager, LG Chem

We found the report very insightful! we found your research firm very helpful. I'm sending this email to secure our future business.
Mark Irwin

Management Consultant, Level 21

I am very pleased with how market segments have been defined in a relevant way for my purposes (such as "Portable Freezers & refrigerators" and "last-mile"). In general the report is well structured. Thanks very much for your efforts.
Rob Kooiker

Group Product Manager HVAC & Fire Protection GMA, Rockwool

I have been reading the first document or the study, the Global HVAC and FP market report 2021 till 2026. Must say, good info! I have not gone in depth at all parts, but got a good indication of the data inside!
Jason Lee

R&D Director, Seojin

Thanks for your great support. Appreciate it. Well received report. It helps us to understand market well. We're planning other area of survey in the future, let's keep in touch.
Akif Moroglu

Strategy & Business Development Director, Dogan Holding

We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.

AkzoNobel NV

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