Flexible Solutions International Inc (FSI) |
|
Flexible Solutions International Inc's Comment on Competitors and Industry Peers
HEATSAVR® and ECOSAVR™
Although we are aware of two other companies that manufacture products that compete
with HEATSAVR® and ECOSAVR®, we believe our products are more effective
and safer. We maintain fair pricing equal to or lower than our competitors and
protect our intellectual property carefully. Our products are expected to maintain
or increase market share in the competitive pool market.
HEATSAVR® also competes with plastic pool blanket products. However, we believe
that HEATSAVR® is more effective and convenient than pool blankets.
WATERSAVR®
Ultimate Products (Aust) Pty Ltd. of Australia has a product called Aquatain that
directly competes with WATERSAVR®. We believe our WATERSAVR® product is
superior for the following reasons: it is safer, much less expensive and has much
better test data. Aquatain has not expended the capital to test for environmental
effects on insects and other aquatic life whereas WATERSAVR® has recognized
third party environmental safety documentation.
As water conservation is an important priority throughout the world, numerous
researchers are working to develop solutions that may compete with, or be superior
to, WATERSAVR.
TPAs
Our TPA products have direct competition with Lanxess AG (spun out of Bayer AG),
a German manufacturer of TPAs, which uses a patented process different from ours.
We have cross-licensed each other’s processes and either company can use
either process for the term of the patents involved. We believe that Lanxess has
approximately the same production capacity and product costs as we do. We believe
that we can compete effectively with Lanxess by offering excellent customer service
in oilfield sales, superior distributor support in the agricultural marketplace
and flexibility due to our relative size. In addition, we intend to continue to
seek market niches that are not the primary targets of Lanxess.
Our TPA products face indirect competition from other chemicals in every market
in which we are active. For purposes of oilfield scale prevention, phosphonates,
phosphates and molibdonates provide the same effect. For crop enhancement, increased
fertilizer levels or reduced concentrations can serve as a substitute for TPAs.
In irrigation scale control, acid washes are our prime competitor. In detergent,
poly-acrylic acid is most often used due to price advantage. Notwithstanding the
above, we believe our competitive advantages include:
Biodegradability compared to competing oil field chemicals;
Cost-effectiveness for crop enhancement compared to increased fertilizer use;
Environmental considerations, ease of formulation and increased crop yield opportunities
in irrigation scale markets; and
Biodegradability compared to poly-acrylic acid for detergents.
Overall company Market Share Q2 2022 |
*Market share is calculated based on total revenue.
Who are Flexible Solutions International Inc's Competitors?
Ashland Inc Share Performance
+13.97%
This Year
|
Ashland Inc
Profile
Ashland Inc operates as a global specialty chemicals company, providing innovative solutions to various industries. Their business model involves developing and distributing specialty chemicals, performance products, and materials. With a focus on customer-centricity and collaboration, Ashland strives to meet the unique needs of their clients and enhance their products and processes.
More about Ashland Inc 's Market Share
|
Celanese Corporation Share Performance
+4.91%
This Year
|
Celanese Corporation
Profile
Celanese Corporation operates as a global specialty materials and chemicals company, delivering a wide range of products and solutions to various industries. The company's business model is focused on innovation and collaboration, developing advanced materials and technologies that enhance the performance and sustainability of its customers' products. Celanese utilizes its global presence and customer-centric approach to provide value-added solutions, enabling it to maintain a competitive advantage within the market.
More about Celanese Corporation's Market Share
|
Carlisle Companies Incorporated Share Performance
+66.07%
One Year
|
Carlisle Companies Incorporated
Profile
Carlisle Companies Incorporated operates as a diversified manufacturing company that supplies a range of products to various industries globally. Its business model is focused on acquiring and integrating companies that manufacture niche products and possess expertise in their respective markets. By leveraging these acquisitions, Carlisle aims to generate consistent revenue growth and enhance its profitability through operational efficiencies and market expansion opportunities.
More about Carlisle Companies Incorporated's Market Share
|
Dow Inc Share Performance
+11.65%
This Quarter
|
Dow Inc
Profile
Dow Inc's business model focuses on the production and sale of a wide range of chemicals, materials, and plastics for various industries.
More about Dow Inc 's Market Share
|
Ecolab Inc Share Performance
+17.58%
This Quarter
|
Ecolab Inc
Profile
Ecolab Inc operates through three business segments: Global Industrial, Global Institutional, and Global Energy. The company provides water, hygiene, and energy technologies and services to a variety of industries, including food and beverage, healthcare, hospitality, and energy.
More about Ecolab Inc 's Market Share
|
Eastman Chemical Co Share Performance
+3.27%
This Year
|
Eastman Chemical Co
Profile
Eastman Chemical Co's business model involves the production and sale of advanced materials, specialty chemicals, and additives. By leveraging their technical expertise and innovation, they aim to provide solutions that enhance the efficiency and sustainability of various industries.
More about Eastman Chemical Co's Market Share
|
Fuller H B Co Share Performance
-0.18%
Over The Past 5 Days
|
Fuller H B Co
Profile
Fuller H B Co operates with a business model that focuses on manufacturing and distributing high-quality industrial adhesives and coatings. The company aims to meet the needs of a wide range of industries by providing innovative and reliable solutions, while maintaining strong customer relationships. Their business model also includes investing in research and development to stay at the forefront of technological advancements in the adhesives and coatings industry.
More about Fuller H B Co's Market Share
|
Gcp Applied Technologies Inc. Share Performance
+1.62%
Over The Past 5 Days
|
Gcp Applied Technologies Inc.
Profile
GCP Applied Technologies Inc. utilizes a business model that centers around providing advanced construction products and technologies to various industries worldwide. The company offers a range of products that enhance performance, durability, and efficiency in construction projects, including cement additives, concrete admixtures, and specialty chemicals. GCP operates through a direct sales force and strategic distribution channels, ensuring wide market reach and customer satisfaction.
More about Gcp Applied Technologies Inc.'s Market Share
|
Honeywell International Inc Share Performance
-2.36%
This Quarter
|
Honeywell International Inc
Profile
Honeywell International Inc operates as a diversified technology and manufacturing company. Through its various business segments, it designs, produces, and sells a wide range of products and solutions across industries such as aerospace, building technologies, performance materials, and safety and productivity solutions. The company focuses on delivering innovative solutions to its customers, providing long-term value, and driving sustainable growth.
More about Honeywell International Inc 's Market Share
|
Hawkins Inc Share Performance
+3.95%
Over The Past 5 Days
|
Hawkins Inc
Profile
Hawkins Inc operates as a specialty chemical company, providing solutions to a wide array of industries. Their business model revolves around sourcing, manufacturing, and distributing chemicals, as well as offering expert technical expertise and support to their customers. By delivering tailored chemical solutions and fostering long-term relationships, Hawkins aims to meet the unique needs of various sectors, including industrial, pharmaceutical, and personal care.
More about Hawkins Inc 's Market Share
|
Materion Corporation Share Performance
+20.17%
One Year
|
Materion Corporation
Profile
Materion Corporation operates as a global supplier of highly engineered advanced materials. The company focuses on developing, manufacturing, and marketing various materials, including precious and non-precious metals, as well as specialty alloys and inorganic chemicals. Materion serves a wide range of industries such as aerospace, defense, automotive, medical, and electronics by providing unique material solutions and technical expertise.
More about Materion Corporation's Market Share
|
Rpm International Inc Share Performance
+7.66%
This Quarter
|
Rpm International Inc
Profile
RPM International Inc operates as a holding company with subsidiaries in various industries, primarily focused on specialty coatings and sealants.
More about Rpm International Inc 's Market Share
|
Viavi Solutions Inc Share Performance
+7.86%
This Quarter
|
Viavi Solutions Inc
Profile
Viavi Solutions Inc operates as a provider of network testing, monitoring, and assurance solutions for telecommunications service providers, enterprises, and government entities. The company offers a range of products and services that help ensure the efficiency, performance, and security of network infrastructures.
More about Viavi Solutions Inc 's Market Share
|
|