In this article, we will discuss the five largest materials companies in the US. If you want to read our detailed analysis of the materials industry, go directly to the 15 Largest Materials Companies in the US.
5. Dow Inc. (NYSE: DOW)
Market Capitalization: $46.693B
Based in Michigan, Dow Inc. (NYSE: DOW) was incorporated in 2018. Dow Inc. (NYSE: DOW) operates worldwide and provides materials science solutions for consumer care, infrastructure, and packaging. Dow Inc. (NYSE: DOW) has three segments. The first one is the Packaging and Specialty Plastics dealing with ethylene and propylene products like plastics. The second one is Industrial Intermediates & Infrastructure, which deals with chemicals used in coatings, sealants, and adhesives in industries. This segment also manufactures chemicals like caustic soda. The third segment of Dow Inc. (NYSE: DOW) is the Performance Materials providing architectural paints and coatings, and protective materials like thermal paper, metal packaging, and solutions for personal use. Dow Inc. (NYSE: DOW) generated a revenue of $38 billion in the year 2020.
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4. Freeport McMoRan Inc. (NYSE: FCX)
Market Capitalization: $52.852B
Based in Phoenix, Freeport-McMoRan Inc. (NYSE: FCX) operates in the copper industry with mining and refining of the metal. Freeport-McMoRan Inc. (NYSE: FCX) has mining operations in North America, South America, and Indonesia. Apart from copper, Freeport-McMoRan Inc. (NYSE: FCX) also explores molybdenum, silver, and other metals. Freeport-McMoRan Inc. (NYSE: FCX) also mines oil and gas in the regions of offshore California and the Gulf of Mexico. Freeport-McMoRan Inc. (NYSE: FCX) generated a revenue of $14.198 billion in the fiscal year ending 2020.
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3. Air Products and Chemicals, Inc. (NYSE: APD)
Market Capitalization: $59.667B
Air Products and Chemicals, Inc. (NYSE: APD) is the third on our list of the largest materials companies in the US. Air Products and Chemicals, Inc. (NYSE: APD) generated a revenue of $8.856 billion in the fiscal year 2020. With its headquarters in Allentown, Pennsylvania, the company provides products in the chemicals segment. The main products include atmospheric gases such as oxygen, argon, nitrogen, and special gases like hydrogen, helium, carbon dioxide, and syngas. The company also manufactures equipment for the production and processing of these gases. Air Products and Chemicals, Inc. (NYSE: APD)also collaborate with Baker Hughes Company to develop hydrogen compression systems.
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2. Ecolab Inc. (NYSE: ECL)
Market Capitalization: $64.307B
Ecolab Inc. (NYSE: ECL) was founded in 1923 in Minnesota. Since its inception, the company has expanded its consumer base to 170 countries. Ecolab Inc. (NYSE: ECL) provides solutions and services for a cleaner, safer and healthier world. Their product ranges from water, hygiene, and infection prevention solutions. The Industrial segment of Ecolab Inc. (NYSE: ECL) offers water treatment, cleaning and sanitizing, food and beverages processing, paper and pulp, commercial laundry, and petrochemical industries. The Life Sciences segment has cleaning and sanitizing products for healthcare, personal care, and pharmaceutical companies. Similarly, the Global Institutional and Specialty segment of Ecolab Inc. (NYSE: ECL) provides cleaning products to lodging, hospitality, foodservice, and retail industries. Ecolab Inc. (NYSE: ECL) generated a revenue of $11.79 billion for the fiscal year ending in December 2020.
1. The Sherwin-Williams Company (NYSE: SHW)
Market Capitalization: $80.71B
The Sherwin-Williams Company (NYSE: SHW) is number one on the list of the largest materials company in the US. The Sherwin-Williams Company (NYSE: SHW) involves in the manufacturing, development, and selling of paints, coating, and related products. The main products are distributed in three segments. The first one is the Americas Groups which produces architectural paints and coatings, marine coatings, and OEM finishes. The second one is the Consumer Brands Group which provides branded and private-labeled chemical products like adhesives, stains, wood finishes, and aerosols. The third one is the Performance Coatings Group which deals with refinish products, colorants, wood finishing, and industrial coatings. As of 2020, the Sherwin-Williams Company (NYSE: SHW) operates over 4,774 stores in the regions of North and South America, Europe, and Australia. The Sherwin-Williams Company (NYSE: SHW) earned a revenue of $18.361 billion for the year 2020.
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