Braskem SA ADR (BAK)

Competitors to Braskem SA ADR (BAK)

Dow Inc. 

Dow Inc. operates in the same markets as Braskem, focusing on materials science and the production of plastics, chemicals, and agricultural products. Dow has a vast global presence and extensive research and development capabilities, which enhance its product innovation and market responsiveness. While both companies compete on sustainability initiatives, Dow's larger scale and comprehensive investment in technology and sustainability initiatives provide it with a competitive advantage, making it a formidable rival.

ExxonMobil Chemical 

ExxonMobil Chemical segments its operations to produce a wide range of petrochemical products, competing directly with Braskem in the production of polymers and base chemicals. ExxonMobil’s vast resources and established supply chain allow for lower production costs due to economies of scale. Their extensive research into high-performance materials and sustainable practices also enhances their competitive positioning. While Braskem has strategic advantages in regional markets and bio-based products, ExxonMobil's size and technological investment create a dominant competitive environment.

LyondellBasell Industries N.V. 

LyondellBasell is a leading global manufacturer of plastic, chemical, and refining products, operating in a similar segment as Braskem. Both companies strive for competitive pricing, technological innovations, and strong operational efficiencies. LyondellBasell has a robust footprint in North America and Europe, enabling it to leverage economies of scale. Their extensive portfolio of advanced polymers and differentiated products allows them to cater to a variety of industries, giving them a slight competitive edge in terms of product diversification.

SABIC (Saudi Basic Industries Corporation)

SABIC is one of the world's largest petrochemicals manufacturers, similar to Braskem, producing a wide range of chemicals, polymers, and fertilizers. The company has significant backing from the Saudi government, which enables it to benefit from competitive feedstock pricing. SABIC’s focus on innovation and sustainability projects allows it to capture market share, particularly in sectors focusing on advanced materials. Although Braskem targets South America and specific market niches, SABIC's scale and access to resources give it a competitive edge in terms of cost-effectiveness.