Comparing the current results to its competitors, Axalta Coating Systems Ltd reported Revenue decrease in the 1 quarter 2026 year on year by -0.63 %, slower than the combined decrease of the AXTA's competitors by -3.64 %, recorded in the same quarter.
Axalta Coating Systems Ltd 's Comment on Competition and Industry Peers
The company operates in the performance coatings market, competing primarily against large multinational suppliers. In the refinish segment, key competitors include AkzoNobel, BASF, PPG, Sherwin-Williams, and various local and regional companies. In the industrial segment, competition comes from AkzoNobel, PPG, Sherwin-Williams, and numerous local and regional suppliers. Within the Mobility Coatings segment, which serves light and commercial vehicle original equipment manufacturers (OEMs), the company competes mainly with AkzoNobel, BASF, PPG, and some regional suppliers. The company’s competitive position is supported by its customer service, technology solutions, color design capabilities, product performance, the Imron® brand, global product lines, and regional market knowledge.
despite revenue deterioration, Axalta Coating Systems Ltd increased its market share in this segment. company increased its market share in this segment to approximately 2.65 %.
September 3, 2024
Axalta Introduces Next-Generation Spectrophotometer Amid Rising ROI Axalta Coating Systems Ltd has recently unveiled its newest innovation, the Axalta Irus Scan, a cutting-edge spectrophotometer, aimed at advancing the capabilities for refinish customers. This development underscores Axalta s commitment to leveraging technology to enhance its product offerings and support its customer base.Financially, the second quarter of 2024 has been notably positive for Axalta. The company achieved a return on average invested assets (ROI) of 5.25%, surpassing its historical average ROI of 3.39%. This improvement is particularly significant compared to the first quarter of 2024, where Axalta reported a 4.39% ROI. The ri...
May 22, 2024
Strategic Collaboration Announced Between Solera and Axalta Coating Systems By CSIMarket.com Correspondent Solera, a global leader in vehicle lifecycle management, has announced a strategic partnership with Axalta Coating Systems Ltd. (NYSE: AXTA), a prominent supplier of liquid and powder coatings. This collaboration aims to integrate Axalta’s conventional and Fast Cure Low Energy (FCLE) coating systems into Solera’s Sustainable Estimatics platform, thereby enabling Axalta’s clients to significantly reduce their carbon emissions. Partnership Details The integration of Axalta’s advanced coating systems into Solera’s platform is designed to streamline the coatings process, enhancing operational e...
Publicly Traded Peers of Axalta Coating Systems Ltd
Valaris Limited Share Performance
-4.96%
This Quarter
Valaris Limited
Profile
Valaris Limited operates as an offshore drilling contractor, providing services to the global energy industry. The company offers drilling services, rig management, and engineering solutions, utilizing a fleet of technologically advanced and versatile drilling rigs. Valaris primarily generates revenue by providing its services to oil and gas companies on a contract basis, aiming to deliver safe and efficient drilling operations across various offshore environments.
Celanese Corporation operates as a global leader in specialty materials and chemicals, providing a diverse array of innovative products and solutions tailored for various industries. Its business model emphasizes collaboration and advanced technology development, focusing on enhancing performance and sustainability for customers while leveraging its extensive global presence to deliver value-added solutions.
Gevo Inc's business model involves the production, commercialization, and development of sustainable, low-carbon renewable chemicals and advanced biofuels.
Huntsman Corporation operates as a global manufacturer and marketer of differentiated chemicals. The company focuses on producing and selling a wide range of chemical products across various industries, including chemicals for plastics, coatings, textiles, detergents, and automotive markets. Huntsman's business model aims to meet customer needs through innovation, efficiency, and global distribution channels.
Sources:
Axalta Coating Systems Ltd’s official press releases and regulatory filings; CSIMarket.com’s market research; and the financial filings and press releases of other companies cited in this report.
Updated on:
Focus of this report: publicly traded companies.
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