Evonik Industries AG

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Evonik Industries AG | Data-Driven Analysis and Industry Review

Published: August 30, 2024

Evonik Industries AG - Overview

Evonik Industries AG is a leading international specialty chemicals company headquartered in Essen, Germany. With about 33,500 employees around the world, Evonik operates through three business areas: Health, Nutrition & Care, Resource Efficiency, and Performance Materials. The company provides innovative and sustainable solutions for customers in various industries, including health, nutrition, resource conservation, and climate protection. Evonik's strong focus on research and development enables it to offer a broad range of high-performance products and services, with a particular emphasis on renewable raw materials and digitalization. The company's commitment to sustainability is reflected in its ambitious goals, such as reducing carbon emissions by 50% by 2030 compared to 2009 levels. Evonik's global presence includes production sites in Europe, Asia, and the Americas.'

Competitive Insights

1. Global Market Leader: Evonik is a leading global provider of specialty chemicals, operating in over 100 countries with more than 33,500 employees. They serve diverse industries including health, nutrition, resource efficiency, and more.

2. Innovation-driven: Evonik invests heavily in research and development, with over €1.3 billion spent annually. They hold over 5,000 patents and have a strong focus on creating sustainable and innovative solutions for their customers.

3. Broad Product Portfolio: Evonik offers a comprehensive range of products, including functional and industrial polymers, intermediates, additives, and active ingredients. Their products are used in various applications such as health, nutrition, resource efficiency, and more.

4. Strategic Partnerships: Evonik has a strong network of partnerships and collaborations with leading companies in various industries. These partnerships help them to expand their reach, enhance their product offerings, and stay competitive in the market.

5. Sustainability and Responsibility: Evonik is committed to sustainable business practices and has set ambitious targets for reducing its carbon footprint and increasing the share of renewable energy in its operations. They also prioritize ethical business conduct and transparency, with a focus on social responsibility and stakeholder engagement.

Business insights

1. Evonik Industries AG's Business Intelligence (BI) is a data-driven function that supports decision-making across the organization by providing actionable insights from data analysis.

2. It leverages various business intelligence tools and techniques, including data mining, predictive analytics, and reporting, to transform raw data into valuable information.

3. Evonik's BI team collaborates with various departments and business units to identify key performance indicators (KPIs) and develop customized reports and dashboards to monitor and optimize performance.

4. The company's BI solutions help to improve operational efficiency, enhance customer experience, and support strategic planning by providing real-time insights into market trends, customer behavior, and internal processes.

5. Evonik's BI initiatives are aligned with its digital transformation strategy, which aims to leverage technology to enhance its competitive position and create new business opportunities.

 

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Evonik Industries AG Market Portfolio | Comprehensive Overview

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Evonik Industries AG features in

Industries

Materials

Consumer Staples

Energy

Consumer Discretionary

Industrials

Utilities

Segments

Specialty Chemicals

Metals and Mining

Chemicals

Household and Personal Products

Oil

Construction Materials

Food Products

Diversified Consumer Services

Gas and Consumable Fuels

Commercial Services and Supplies

Energy Equipment and Services

Auto Components

Water Utilities

Industrial Gases

Markets

Chemicals

Diversified Metals and Mining

Commodity Chemicals

Diversified Chemicals

Personal Products

Fertilizers and Agricultural Chemicals

Gas and Consumable Fuels

Construction Materials

Agricultural Products

Packaged Foods and Meats

Specialized Consumer Services

Oil and Gas Refining and Marketing

Coal and Consumable Fuels

Diversified Support Services

Oil and Gas Equipment and Services

Auto Parts and Equipment

Water Utilities

Precious Metals and Minerals

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