Huntsman Corporation is a global chemical company that produces a wide range of differentiated and specialty chemical products for industrial and consumer applications. The company operates through three primary business segments: Polyurethanes, Performance Products, and Advanced Materials. Polyurethanes is the company's largest segment, primarily focused on the production of MDI (methyl diphenyl diisocyanate) precursors and systems used in insulation, composite wood panels, and automotive applications. The Performance Products segment supplies amines, carbonates, surfactants, and maleic anhydride, which are utilized in agrochemicals, energy, home detergents, and personal care products. The Advanced Materials segment provides advanced epoxy, acrylic, and polyurethane-based polymer products for adhesives, coatings, and aerospace applications.
Geographically, Huntsman maintains a significant global footprint, operating over 60 manufacturing, R&D, and operations facilities across more than 25 countries. Over the years, the company has strategically transitioned its portfolio away from bulk commodity chemicals toward higher-margin, less cyclical specialty chemicals, enhancing its resilience in volatile markets. This shift included the divestiture of its pigments and additives division and a renewed focus on sustainable chemistry solutions. Huntsman's competitive position is supported by its strong market share in MDI-based polyurethanes and specialty amines, as well as its integrated manufacturing capabilities and continuous innovation in eco-friendly and recyclable materials.
