Avient Corp.

Company Snapshot

Founded: 2000
Entity Type: Public
Employees: 9,200
Region: U.S. and Canada
Revenue: $3,240.4 Millions
Revenue Year: 2024
Headquarter: Ohio, U.S.
Key Geographics: Latin America, Europe, U.S., Canada, Asia
Corporate Address: 33587 Walker Road Avon Lake, Ohio 44012 U.S. Tel: +1-440-930-1000 Web: www.avient.com

Company Overview

Avient Corp. is a global leader in developing, producing, and distributing specialized and sustainable material solutions, transforming customer challenges into opportunities. The company is a leading global specialty materials company, formerly PolyOne Corp. Avient business segments are color, additives and inks, and specialty engineered materials. Avient focuses on formulating and developing specialized and sustainable materials for a diverse range of industries, such as appliances, packaging, textiles, healthcare, electrical and electronics, construction, and transportation. It currently has 102 manufacturing sites across the globe.

Financial Highlights (FY 2023)

Net Revenue: ***
Total Current Liabilities: ***
Total Current Assets: ***
R&D expenses: ***
Operating Income: ***

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Avient Corp. In Reports

Global Markets for Plastics Additives

BCC Research Market Analyst says global market for plastics additives reached $58.9 billion in 2023. The market is expected to grow from $61.5 billion in 2024 to $80.7 billion by 2029, at a CAGR of 5.6%.

Liquid Crystal Polymers: Global Markets

BCC Research Market Analyst says global market for global market for liquid crystal polymers is expected to grow from $957.5 million in 2023 to $1.3 billion by the end of 2028.

Plastics for Healthcare Packaging

BCC Research Market Analyst says global market value of plastics for healthcare packaging is expected to grow from $32.1 billion in 2023 and should reach $46.1 billion by the end of 2028.

Company's Business Segments

  • Color, Additives and Inks : This segment includes various colors, special effects, performance-enhancing, and sustainable solutions.
  • Specialty Engineered Materials : This segment is one of the leading formulators of specialty and sustainable polymer formulations, services, and solutions for designers, assemblers, and processors of thermoplastic materials across a wider variety of markets and end-use applications.

Applications/End User Industries

  • Consumer Goods
  • Energy
  • Transportation
  • Healthcare
  • Industrial
  • Packaging
  • Telecommunications
  • Building & Construction
  • Textiles