Solvay SWOT Analysis, Competitors & USP

Published by MBA Skool Team, Last Updated: April 12, 2020

SWOT analysis of Solvay analyses the brand by its strengths, weaknesses, opportunities & threats. In Solvay SWOT Analysis, the strengths and weaknesses are the internal factors whereas opportunities and threats are the external factors.

SWOT Analysis is a proven management framework which enables a brand like Solvay to benchmark its business & performance as compared to the competitors. Solvay is one of the leading brands in the industrial products and chemicals sector.

The article below lists the Solvay SWOT, competitors and includes its target market, segmentation, positioning & USP. Let us start the Solvay SWOT Analysis:

SWOT Analysis of Solvay

For Solvay, SWOT analysis can help the brand focus on building upon its strengths and opportunities while addressing its weaknesses as well as threats to improve its market position.

Solvay Strengths

The strengths of Solvay looks at the key aspects of its business which gives it competitive advantage in the market. Some important factors in a brand's strengths include its financial position, experienced workforce, product uniqueness & intangible assets like brand value. Below are the Strengths in the SWOT Analysis of Solvay :

1. Global footprints in in several countries in Europe, the America
2. The group's wide product portfolio catering to diverse markets protects it from demand fluctuations in specific product categories
3.  Strong workforce support of 29,000 employees catering to a huge customer base
4. Position in specialty chemical industry strengthened by the Acquisition of Rhodia

5. Global presence in over 55 countries

Solvay Weaknesses

The weaknesses of a brand are certain aspects of its business which are it can improve to increase its position further. Certain weaknesses can be defined as attributes which the company is lacking or in which the competitors are better. Here are the weaknesses in the Solvay SWOT Analysis:

1. Company image dented by the anti allegations acquisition
2. Significant level of indebtedness could limit the group's financial flexibility
3. Joint civil lawsuits affect the companies reputation


Solvay Opportunities

The opportunities for any brand can include areas of improvement to increase its business. A brand's opportunities can lie in geographic expansion, product improvements, better communication etc. Following are the opportunities in Solvay SWOT Analysis:

1. Increasing capacity in France to cater to huge customer segment
2. Steeply growing Asian market offers great arena for growth
3. Epichlorohydrin market is expected to grow on an annual basis and would represent substantial of total world demand

Solvay Threats

The threats for any business can be factors which can negatively impact its business. Some factors like increased competitor activity, changing government policies, alternate products or services etc. can be threats. The threats in the SWOT Analysis of Solvay are as mentioned:

1. Market share threatened by the intense competition in the industry
2. Volatile exchange rates may have negative impact on the group's financial results
3. Threat of chemical industry manufacturing process affects the company


Solvay Competitors

There are several brands in the market which are competing for the same set of customers. Below are the top 6 competitors of Solvay:

1. Akzo Nobel N.V.

2. BASF SE

3. Dow Chemical Company

4. FMC Corporation

5. Mitsubishi Chemical Holdings Corporation

6. Westlake Chemical Corporation

Hence this concludes the Solvay SWOT analysis.

Continue reading more about the brand/company.

About Solvay

Solvay Overview
Parent Company

Solvay group

Category

Diversified chemicals

Sector

Industrial Products and Chemicals

Tagline/ Slogan

Asking more from Chemistry

USP

Alue added high performing solutions

Solvay STP
Segmentation

Chemicals, plastics and pharmaceuticals

Target Market

Special chemicals, Vinyls and high performance engineering polymers, Energy, Electronics, Agrochemicals, Food & Feed, Healthcare & Performance Materials

Positioning

A leading global chemical industrial group manufactures


This article has been researched & authored by the Content & Research Team. It has been reviewed & published by the MBA Skool Team. The content on MBA Skool has been created for educational & academic purpose only.

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