Avient Corporation Common Stock (AVNT)
Competitors to Avient Corporation Common Stock (AVNT)
BASF SE BASFY +0.29%
BASF SE is one of the largest chemical producers globally, and it competes with Avient Corporation by offering a wide range of specialty plastics and performance materials. Both companies focus on providing innovative solutions to the packaging, automotive, and consumer electronics industries. BASF leverages its extensive R&D capabilities and large production scale to provide cost-effective solutions and a stable supply chain, which may give it a competitive edge in scalability and market penetration.
Dow Inc. DOW -2.41%
Dow Inc. is a significant player in the specialty chemicals and materials market, similar to Avient. The two companies compete in the area of high-performance plastics and engineered materials. While Avient focuses heavily on innovative custom solutions and sustainable practices, Dow's competitive advantage lies in its strong brand reputation, global reach, and diverse product portfolio, enabling it to serve a wide range of industries more extensively.
Eastman Chemical Company EMN -2.49%
Eastman Chemical Company competes with Avient by offering a variety of specialty plastics and chemicals, particularly in the coatings, adhesives, and plastics industries. Both companies aim to innovate in sustainability and performance of their products. However, Eastman's advantage comes from its more established market presence and extensive portfolio of well-known brands, which can make it more attractive to large-scale clients seeking reliability.
LyondellBasell Industries N.V. LYB -2.38%
LyondellBasell is a major player in the polymer and plastics industry and competes with Avient in the segments of high-performance materials and specialty polymers. While both companies focus on innovation and customer service, LyondellBasell's scale and efficiency in production, along with its vast distribution network, provide significant leverage when competing for market share, potentially positioning it as a stronger rival in the broader plastics market.
Saudi Basic Industries Corporation (SABIC)
SABIC operates in the chemicals and plastics markets and competes with Avient by providing a wide array of advanced materials solutions across various sectors including construction, automotive, and electronics. SABIC's competitive edge stems from its vast production capabilities, strategic partnerships, and extensive industry experience, enabling it to offer significant cost advantages and an expansive global footprint that Avient may find challenging to match.