Top 3M Competitors & Similar Companies
3M was founded in Minnesota by 5 businessmen in 1902. 3M is a multinational corporation known as Minnesota Mining and Manufacturing Company. They are known to provide innovative solutions to satisfy daily needs of customers.
In any business, there are several companies & brands which compete with each other by offering similar products & services.
For any company to thrive, it is not only important for them to improve their own products, but to also look at what their competitor is offering.
Below we look at the top 6 competitors of 3M.
1. GE:
General Electric, regularly contracted as GE, is an American multinational aggregate organization fused in New York, and headquartered in Boston, Massachusetts. This American organization is a multinational conglomerate and had its central command base in Fairfield, Connecticut. The organization works through the given segments, Oil and Gas, Power and Water, Aviation, Transportation Healthcare and Capital which take into account the requirements of Financial administrations, Medical gadgets, Life Sciences, Pharmaceutical, Automotive, Software Development and Engineering industries.
2. Honeywell:
Honeywell International Inc is an American multinational conglomerate. It produces a diverse range of commercial and consumer products. The company offers aerospace products, consumer home, personal safety and vehicle products among many others.
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3. DuPont:
EI du Pont de Nemours and Company otherwise commonly referred to as DuPont is an American conglomerate which was founded in July 1802 as a gunpowder mill by Eleuthere Irenee du Pont. Its parent company is DowDuPont and is headquartered in Wilmington, Delaware, US. It is associated with chemical industry, industrial products and chemical sector.
4. BASF:
BASF (Baden Aniline and Soda Factory) is a chemical manufacturing company founded in 1865 with its headquarters in Ludwigshafen (Germany). Initially the prime objective of BASF was to produce street lights and chemicals. The company, however, utilized the bye product, Tar, to manufacture dyes and chemicals as well.
5. Emerson Electric:
Emerson Electric is one of the biggest competitors of 3M.
6. Johnson & Johnson:
Johnson & Johnson, founded in 1886 is an American company manufacturing mainly medical products and devices, pharmaceutical, and consumer packaged goods. Johnson & Johnson has its headquarters in New Brunswick, New Jersey. It has around 250 subsidiaries selling its products in around 175 countries.
To conclude, the above article highlights the various competitors which compete with 3M. This understanding helps to evaluate the various external business factors for any company.
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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The names and other brand information used in the Competitors section are properties of their respective companies. The companies are not associated with MBA Skool in any way.
