World Catalyst Market Series ---- Evonik Industries
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Competition among the major global catalyst companies is extremely fierce, with each participant using various strategies to expand its market share in order to maintain its position in the market. Large catalyst companies expand their market share mainly through mergers and acquisitions, partnerships, and product development, while smaller firms maintain their market position by reducing the prices of their catalysts. This post introduces: Evonik Industries. For more information, please see: World Catalyst Market Series https://bbs.hcbbs.com/forum.php?mod=viewthread&tid=5512570
Evonik Industries AG is a German specialty chemicals company founded in 2007; it originated from companies such as Degussa. Evonik is a global leader in the supply of specialty chemicals, high-performance materials, and smart materials, serving industries such as automotive, aerospace, nutrition, care, and resource efficiency. Its efforts in sustainable development have been recognized, and it has been included in the Dow Jones Sustainability Index. The company focuses on the research and development of innovative, sustainable solutions and digital technologies. Its unique selling points include a diverse product portfolio, a customer-centric approach, and a commitment to sustainable development. In 2020, Evonik Industries unveiled a strategic plan to expand its catalyst manufacturing plant in Germany. The core goal of this expansion plan is to effectively meet the growing demand for catalysts in the rapidly developing chemical and petrochemical industries.