Chemicals & Materials

Atul Ltd.

Company Profile Analysis

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Atul Ltd. - Chemicals & Materials showcase

Year Founded & Workforce

1946-12-31

5,403 Employees

Industry

Chemicals & Materials

Services

A

Atul Ltd. Overview

Company Headquarters: Gujarat, India

Founded: 1947

Workforce: 5,403

Company Working: Atul Ltd is the largest producer and distributor of epoxy resins and curing agents in India. It offers multifunctional resin for advanced composite application in the aerospace and automotive industries. It operates through two business segments—life science chemicals and performance and other chemicals. The performance and other chemical segment is divided into four sub-segments, namely bulk chemicals and intermediates, colors, and polymers. The polymer segment produces epoxy resins, reactive diluents, curing agents, sulfones, adhesives based on epoxy, synthetic rubber, protective paints, cyanoacrylate, and polyurethane. The sales revenue of the performance and other segment was around USD 366 million, i.e., 66% of the total sales, in 2018. The company manufactures over 900 products, owns 114 brands, and serves around 6000 customers across 92 countries. It has three production facilities in India, subsidiary companies with production facilities in the UK, and operates through a retail network of 38,000 retail outlets in India. It has invested around USD 4 million in research and development between 2018 and 2019.

Strategy

Atul Ltd. is dedicated to significantly increasing value for its stakeholders by developing a culture of constant learning and innovation and embracing new scientific and technological advancements.The company is dedicated to offering top-notch goods and services in order to establish itself as the most sought-after partner and to have employees who uphold high moral standards. While taking good care of the environment and enhancing the standard of living in the areas it operates in, the company aims for steady, dynamic growth and long-term success.

Company Snapshot

$526.54M

Revenue

5,403

Employees

1946-12-31

Founded

Gujarat, India

Headquarters

SWOT Analysis

Strengths

  • Wide geographic presence
  • Significant revenue growth in 2018
  • Strong brand reputation
  • Diversified product portfolio
  • Strong Financial Position
  • Investment in R&D
  • Significant industry experience and wide geographical presence
  • Diverse and innovative product mix
  • Good at product demand forecasting
  • Strong research and development capability

Weaknesses

  • No recent developments related to the epoxy resin market
  • Dependence on Raw Materials
  • Concentrated Market Presence
  • High workforce attrition rate
  • Extra cost of building new supply chain and logistics network
  • Declining market share

Opportunities

  • Business expansion
  • New product launches
  • Growing Demand for Specialty Chemicals
  • Expansion into International Markets
  • Decreasing cost of fright and transportation
  • Local Collaboration
  • Opportunities in Online Space

Threats

  • Fluctuating raw material prices
  • Economic downturns
  • Intense competition
  • Fluctuations in Raw Material Prices
  • Shortage of skilled human resources
  • Emergence of new players may pose threat

Key Developments

DateApproachDevelopment
March 2022ExpansionAtul Ltd has recently completed the expansion of its sulphur black manufacturing facility from 9,800 tonnes per annum to 26,000 tonnes per annum. The plant will be equipped with a zero liquid discharge facility in line with the commitment of the Company towards sustainability. The products are GOTS approved and Oeko-Tex Standard 100 compliant.

Product Offering

  • Atul Ltd.
    • Bisphenol A-based unmodified liquid resin
    • Bisphenol A-based modified liquid resin
    • Bisphenol A-based solid resin
    • Bisphenol F-based resin
    • Bisphenol A/F-based resin
    • Solvent cut resin
    • Cycloaliphatic resin
    • Epoxy phenol novolac resins
    • Organic Pigments

Financial Performance

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About the Author

Wantstats Research Team

Wantstats' research desk profiles Atul Ltd. as part of our ongoing coverage of the Chemicals & Materials sector, drawing on public company data, filings, and market intelligence.

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Thanks for your great support. Appreciate it. Well received report. It helps us to understand market well. We're planning other area of survey in the future, let's keep in touch.
Akif Moroglu

Strategy & Business Development Director, Dogan Holding

We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.
Noah Malgeri
Noah Malgeri

Co-Founder, Mojave Rail Fabrication Limited

This is really good guys. Excellent work on a tight deadline. I will continue to use you going forward and recommend you to others. Nice job.
Michael Robert

Manager, JavolVision

Thanks, I am so happy that we worked together. Maybe we still can work together in the future.
Joseph Aguayo
Joseph Aguayo

Sales Operations & Pricing Manager, Intel

Thanks. It's been a pleasure working with you, please use me as reference with any other Intel employees.
Bong Lau

Sales Leader, Bamberg

We bought your "2025 report" in 2020. Everything is fine and very good.
Peter Groot Koerkamp
Peter Groot Koerkamp

Account and Business Manager, EFS-Holland BV

Thanks for sending the report it gives us a good global view of the Betaïne market.
Younghwan Choi
Younghwan Choi

Senior Retail Manager, LG Chem

We found the report very insightful! we found your research firm very helpful. I'm sending this email to secure our future business.
Mark Irwin

Management Consultant, Level 21

I am very pleased with how market segments have been defined in a relevant way for my purposes (such as "Portable Freezers & refrigerators" and "last-mile"). In general the report is well structured. Thanks very much for your efforts.
Rob Kooiker

Group Product Manager HVAC & Fire Protection GMA, Rockwool

I have been reading the first document or the study, the Global HVAC and FP market report 2021 till 2026. Must say, good info! I have not gone in depth at all parts, but got a good indication of the data inside!
Jason Lee

R&D Director, Seojin

Thanks for your great support. Appreciate it. Well received report. It helps us to understand market well. We're planning other area of survey in the future, let's keep in touch.
Akif Moroglu

Strategy & Business Development Director, Dogan Holding

We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.

Atul Ltd.

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