LANXESS Aktiengesellschaft Overview
Pro stress-test →LANXESS' core business is the development, manufacturing and marketing of chemical intermediates, additives, specialty chemicals and modern plastics. LANXESS AG is a German chemical company that was originally spun out of Bayer. The company serves critical industries including automotive, construction, agrochemicals, and semiconductors.
Strategic Profile
Pro stress-test →LANXESS has visibly decommoditised its portfolio by divesting its synthetic rubber business. The operational business of LANXESS is grouped into three segments which include Advanced Intermediates, Specialty Additives and Consumer Protection. The company maintains a global footprint with operations across EMEA, Americas, and Asia-Pacific regions.
Competitive Landscape
Pro stress-test →Covestro, Allnex, Wanhua Chemical, ICL Group, and PPG Industries are some of the 37 competitors of LANXESS Deutschland. LANXESS competes in fragmented specialty chemicals markets with differentiation through application expertise, customer relationships, and specialized product portfolios rather than cost leadership.
Industry Context
LANXESS Aktiengesellschaft operates in Specialty Chemicals.
Key facts
Founded: 2004 · Headquarters: Cologne, Germany · Employees: 12,800 · Revenue: $6.49B · Market cap: $1.99B