Comparing the current results to its competitors, Fuel Tech Inc reported Revenue increase in the 2 quarter 2026 by 16.68 % year on year. The sales growth was above Fuel Tech Inc 's competitors' average revenue growth of 14.84 %, achieved in the same quarter.
Fuel Tech Inc , slower than the average decrease reported by the company's competitors of -28.42 %. recorded a net loss and most of the company's competitors saw a decline in earnings by -28.42 %
Fuel Tech Inc 's Comment on Competition and Industry Peers
The company's competitive landscape includes ammonia-based SNCR competitors CECO Environmental, B&W, and Yara. CECO Environmental and B&W also compete in urea-based SNCR systems. In ESP retrofit, competitors include B&W and Southern Environmental. For FGC, competition comes from Chemithon, Inc. The company's controlled urea decomposition system competes with ammonia-based urea-to-ammonia conversion technologies. Competitors identified in filings are B&W, CECO Environmental, Chemithon, Inc., Southern Environmental, and Yara.
Overall company sales advanced by 16.68 % Fuel Tech Inc outperformed its competitors in this segment and improved market share, to approx. 0.02 %. << More on FTEK Market Share.
*Market share is calculated based on total revenue.
March 11, 2024
Fuel Tech, Inc., a leading technology company specializing in advanced engineering for combustion systems optimization, emissions control, and water treatment solutions, has recently announced the receipt of air pollution control (APC) and Chemical Technologies orders from both new and existing customers across Europe, the United States, and the Caribbean. These orders have a combined value of approximately $2.1 million, indicating the company s continued success in offering its innovative solutions to a wide range of industries.The two orders received by Fuel Tech further solidify its position as a trusted provider of cutting-edge solutions in air pollution control and chemical technology. The company s com...
Fuel Tech, Inc. (NASDAQ: FTEK), a leading technology company delivering advanced engineering solutions for combustion systems, emissions control, and water treatment across utility, and industrial sectors, has announced that it has been awarded air pollution control (APC) and Chemical Technologies orders totaling roughly $2.5 million. The news of the contracts flowed with existing customers based in South Africa and the Caribbean. Despite the challenging global industrial conditions exacerbated by the ongoing pandemic, Fuel Tech s new orders represent positive growth for the company at a crucial time when many other industry players are grappling with financial reversals due to the pandemic s...
Hubbell Inc operates as a diversified manufacturer and supplier of electrical and electronic products for a wide range of applications. The company's business model focuses on designing, manufacturing, and marketing a comprehensive portfolio of innovative products, solutions, and services to various market segments including residential, commercial, industrial, and utility. Hubbell Inc aims to meet the evolving needs of customers by providing reliable, energy-efficient products that comply with industry standards and regulations.
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:
Fuel Tech 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.
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