MarketsandMarkets has recognized Huntsman Corporation as an Emerging company in its "Composite 360 quadrant". As a prominent global producer and marketer of unique chemicals, Huntsman Corporation has made substantial progress in the composites industry. The company's strategic approach to success in this sector is defined by its focus on innovation, teamwork, and expansion. Huntsman's commitment to developing and launching new products, forming strategic alliances and partnerships, and exploring merger opportunities demonstrates his ambition to be a market leader in composites. The introduction of new products is a crucial aspect of Huntsman's growth strategy. The company has been leading the way in developing innovative materials used in various industries, including electronics, construction, automotive, and aerospace.
The Composites Quadrant is a comprehensive industry analysis that provides valuable insights into the global market for Composites. This quadrant offers a detailed evaluation of key market players, technological advancements, product innovations, and emerging trends shaping the industry. MarketsandMarkets 360 Quadrants evaluated over 150 Composites companies of which the top 20 composites companies were categorized and recognized as the quadrant leaders. The 360 Quadrant effectively maps the companies based on factors such as revenue, geographic presence, growth strategies, investments, channels of demand, and sales strategies that were considered for the market presence of the composite’s quadrant.
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According to MarketsandMarkets 360 quadrants for Composites Companies Huntsman International LLC was identified as an emerging in the “Top 20 Composites Companies, Worldwide 2023”. A diverse advanced materials firm with headquarters in the US is Huntsman International LLC. The corporation runs its composite resin business under the Advanced Materials division. It provides cross-linking, matting, curing, liquid and solid epoxy resins, specialized resin compounds, and formulations based on epoxy, acrylic, and polyurethane. Aerospace, automotive, construction, personal care & hygiene, durable and nondurable consumer goods, electronics, medical, packaging, paints & coatings, power generation, refining, synthetic fibers, textile chemicals, and dyes are just a few industries that use resin-based composites. Through its subsidiaries, the company serves more than 2,000 customers in over 30 countries and offers 1,500 goods.
360Quadrants Scoring Methodology
360 Quadrants employs a comprehensive and transparent scoring methodology to evaluate companies. It identifies relevant evaluation criteria, collects, and validates data from multiple sources, and employs an algorithm that considers parameter weights to generate scores. Normalization ensures fair comparisons, and the aggregated scores categorize solutions into quadrants such as Market Leaders, Contenders, Innovators, and Emerging Companies. This unbiased approach equips users with accurate information, empowering them to make well-informed decisions and select solutions that best suit their needs and objectives.
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360 Quadrants will also be launching 100 quadrants in Chemicals and Materials, Packaging, Energy & Power, and Healthcare.
Visit https://www.360quadrants.com to access our interactive quadrants.
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