Comparing the current results to its competitors, Gcp Applied Technologies Inc reported Revenue increase in the 2 quarter 2022 by 5.92 % year on year. The revenue growth was below Gcp Applied Technologies Inc's competitors' average revenue growth of 7.71 %, achieved in the same quarter.
Gcp Applied Technologies Inc's Comment on Competition and Industry Peers
We compete with several large international suppliers and regionally with smaller
competitors. Competition for our products is based on product performance, technical
support, the breadth of our manufacturing and distribution infrastructure and
our ability to bring value to our customers in the construction industry. Our
major global competitors are BASF and Sika.
Competition for our products is based on product performance, technical support
and service, brand name recognition and price. Our major competitors are Sika,
RPM and Carlisle.
Our Darex business is global. We compete with several large international suppliers,
and regionally, with many smaller competitors. Our primary global competitors
are Altana, Akzo Nobel, PPG and Valspar. Competition for our products is generally
based on product performance and reliability, technical service, price and additional
value-added features to address the needs of our customers, end-users and brand
owners.
Publicly Traded Peers of Gcp Applied Technologies Inc.
Ashland Inc Share Performance
-3.99%
30 Days
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.
General Electric Companys business model centers on industrial operations, creating and delivering advanced technologies, products, and services across sectors such as power generation, aviation, healthcare, and renewable energy. The company emphasizes innovation and sustainability, aiming to enhance performance and efficiency for customers while tackling pressing societal and environmental issues.
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.
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.
Illinois Tool Works Inc. (ITW) employs a decentralized business model, focusing on innovation and operational efficiency across its 14 business segments. The company leverages its expertise in specialized manufacturing to create value-added products and services tailored to specific market needs, ensuring strong customer relationships and loyalty. ITWs strategy emphasizes continuous improvement, cost management, and leveraging its broad technology portfolio to drive growth and profitability in diverse global markets.
Sources:
Gcp Applied Technologies Inc.’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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