Comparing the current results to its competitors, The Chemours reported Revenue increase in the 1 quarter 2026 by 0.95 % year on year. The revenue growth was below The Chemours's competitors' average revenue growth of 6.31 %, achieved in the same quarter.
The Chemours Company, despite income growth by most of its competitors recorded a net loss, despite income increase by most of its competitors of 5.84 %
The Chemours's Comment on Competition and Industry Peers
We estimate the worldwide demand for TiO2 in 2016 was approximately 5.7 million
metric tons, of which 3.6 million metric tons were for premium performance pigments.
Worldwide capacity in 2016 was estimated to be approximately 7.0 million metric
tons. The products manufactured on this global capacity base are not fully substitutable
due to pigment quality consistency and pigment product design. We believe that
the utilization of the premium performance manufacturing base is considerably
higher than that for general purpose - lower performance production.
Competition in the TiO2 pigment market is based primarily on product performance
(both product design and quality consistency), supply capability and technical
service. Our major competitors within higher performance pigments include: The
National Titanium Dioxide Company, Ltd. (Cristal), Huntsman International LLC,
Kronos Worldwide, Inc. and Tronox Limited.
Beyond multi-national suppliers, the other TiO2 pigment producers are very fragmented
and mostly utilize the sulfate production process and compete in the general
purpose – lower performance pigment market. In 2016, the combination of
Sichuan Lomon and Henan Billions into the Lomon Billions entity demonstrated
the consolidation of Chinese producers and created a large global producer representing
approximately eight percent of global capacity. In the next one to three years,
industry experts believe that there will be no new capacity added outside of
China. Within China, the announced added effective capacity is expected to be
somewhat offset by capacity shutdowns at marginal producers. Certain new capacity
additions announced in China are based on a chloride technology.
Our Fluoroproducts segment competes against a broad variety of global manufacturers,
including Honeywell, Arkema, Mexichem, Daikin, Solvay and Dyneon, as well as
regional Chinese and Indian manufacturers. We have a leadership position in
fluorine chemistry and materials science, a broad scope and scale of operations,
market driven application development and deep customer knowledge.
Chemours has global leadership positions in the following fluoroproduct categories
as set forth in the table below:
Daikin, 3M, Solvay, Asahi Glass Company, Dongyue, Chenguang
Fluoroproducts demand growth is generally in line with global GDP. Within Fluorochemicals,
growth may be expected to be higher than GDP in situations where, for environmental
reasons, regulatory drivers constrain the market or drive the market toward
lower global warming alternatives. In Fluoropolymers, market growth is expected
to be in line with GDP but influenced by increased competition and pricing pressure
in some businesses.
Developed markets represent the largest fluoroproducts markets today. Global
middle class growth and the increasing demand for expanding infrastructure,
consumer electronics, telecommunications, automobiles, refrigerators and air
conditioners are all key drivers of increased demand for various fluoroproducts.
The industrial and specialty chemicals produced by our Chemical Solutions segment
are important raw materials for a wide range of industries and end markets.
We hold a long standing reputation for high quality and the safe handling of
hazardous products such as sodium cyanide, methylamines and Vazo™. Our
competitive cost positions in these products are the result of our process technology,
manufacturing scale, efficient supply chain and proximity to large customers.
Our Chemical Solutions segment also holds, and occasionally licenses, what we
believe to be a leading process technologies for the production of hydrogen
and sodium cyanide, which are used in industrial polymers and in gold production.
Chemours has global leadership positions in the following product categories:
Chemical Solutions Leadership Positions
Product (Product Group)
With modest revenue growth of 0.95 % within Overall company, The Chemours Company failed to increase sales with the same pace, like most of company's peers within this division. << More on CC Market Share.
*Market share is calculated based on total revenue.
June 2, 2024
Chemours Temporarily Halts Titanium Dioxide Production in Mexico due to Drought, Completes Internal ReviewIn response to the severe drought affecting Mexico, The Chemours Company has announced a temporary pause in titanium dioxide (TiO2) production at its manufacturing facility in Altamira. The global chemistry company is complying with the government s request to minimize water intake and conserve water for the surrounding communities. This move demonstrates Chemours commitment to environmental responsibility and supporting the needs of local residents.The scarcity of water caused by the drought has led to the company s decision to suspend operations temporarily. By reducing water consumption, Chemours aim...
June 1, 2024
The Chemours Company, a prominent global chemistry company, has made the decision to pause its titanium dioxide (TiO2) production at its Altamira manufacturing site in Mexico. This move comes as a response to a severe drought that has left many communities in the region struggling for water resources. Chemours has heeded the government s request to minimize water intake and conserve water for the surrounding areas. While this temporary pause in production poses challenges, the company remains committed to serving its customers through other means.Comparing Competitor Results:In the third quarter of 2023, The Chemours Company reported a year-on-year decrease in revenue of -16.32%. This decline occurred at a f...
April 16, 2024
Pomerantz LLP, an eminent law firm renowned for championing the rights of investors, has announced the inception of a class-action lawsuit against The Chemours Company (Chemours). The New York Stock Exchange-listed company (NYSE: CC) is witnessing what appears to be a burgeoning legal storm. Prospective participants in this legal action are advised to contact Danielle Peyton at Pomerantz Law Firm by email or phone, with full contact details including mailing address, telephone number, and particulars regarding shares purchased in the company. This legal action unfolds against an ominous backdrop of Chemours lackluster financial performance. A review comparing Chemours financial results to those of its comp...
March 27, 2024
Chemours, a global chemistry company known for its market positions in Titanium Technologies, Thermal and Specialized Solutions, and Advanced Performance Materials, recently announced the completion of planned procedures by its Audit Committee. This internal review, detailed in the company s Annual Report filed on March 27, 2024, marks a significant milestone in ensuring compliance and transparency within the organization.The Chemours Company, listed on the New York Stock Exchange under the ticker symbol CC, recognizes the importance of maintaining the highest standards of corporate governance. With this in mind, the Audit Committee of the Board of Directors has diligently and comprehensively conducted inte...
March 7, 2024
Chemours Provides Update on Internal Review and Reports Revenue Decrease in 3rd Quarter 2023 Compared to CompetitorsThe Chemours Company recently released an update on its internal review, which was overseen by the Audit Committee of the Board of Directors with the help of independent outside counsel. This review was initiated in response to an anonymous report made to the Chemours Ethics Hotline regarding certain matters. The findings of the review were presented to the full Board on March 5, 2022.The press release also provided a comparison of the company s financial results to its competitors. According to the report, The Chemours experienced a revenue decrease of 16.32% in the third quarter of 2023 compa...
3M Company operates a diversified business model by offering innovative solutions across multiple segments, including healthcare, safety and industrial, transportation, and consumer goods. The company leverages its extensive portfolio of patents and deep customer relationships to drive product development and market responsiveness, focusing on delivering value across various industries.
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.
Ingevity Corporation operates as a specialty chemicals and materials company, focusing on the development, production, and supply of various products in the automotive, industrial, and oilfield sectors. The company primarily generates revenue through the sale of its specialty chemicals and materials to customers globally, catering to diverse applications and industries.
Sources:
The Chemours Company’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.
For your research, we’ve provided 10 tables on The Chemours Company versus competitors, including market share analysis.
You can find them in the navigation menu under Competition.
To download the tables, please subscribe.
Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com
Disclaimer: Information provided by CSIMarket.com is for informational purposes only and does not constitute investment advice, recommendation, or solicitation to buy or sell any security.
