AkzoNobel is a global brand which specializes in paints and coating technologies, chemicals, adhesives and industrial products. AkzoNobel is a global leader in decorative paints and the largest manufacturer of performance coatings. Drilling down to the broad categories it can further be classified into various organizational units viz.
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 AkzoNobel.
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.
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.
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.
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 AkzoNobel.
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.
To conclude, the above article highlights the various competitors which compete with AkzoNobel. This understanding helps to evaluate the various external business factors for any company.
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