Solvay SWOT Analysis, Competitors & USP

Solvay group

Diversified chemicals

Industrial Products and Chemicals

Asking more from Chemistry

Alue added high performing solutions

Chemicals, plastics and pharmaceuticals

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

A leading global chemical industrial group manufactures

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

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

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

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

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