MacDermid Incorporated
MacDermid Incorporated is a global specialty chemicals producer operating under Element Solutions Inc, serving electronics, automotive, industrial surface finishing, and offshore energy markets through three divisions with proprietary chemical formulations.
- Company typePrivate
- Founded1922
- HeadquartersDenver, United States
- Headcount5,001–10,000
- GTM typeB2B
- OfferingHardware or Manufacturing
What MacDermid Incorporated does
MacDermid Incorporated is a global specialty chemicals producer operating as a wholly-owned business family under Element Solutions Inc (NYSE: ESI). Founded in 1922 and headquartered in Denver, Colorado, the company employs 5,001–10,000 people and operates three core divisions: MacDermid Alpha Electronics Solutions (chemistries for semiconductor wafer fabrication through device assembly, including EUV patterning materials, smart surface films, and in-mold electronic solutions); MacDermid Enthone Industrial Solutions (decorative and functional surface finishing chemistries, PET recycling, and wastewater treatment); and MacDermid Offshore Solutions (water-based hydraulic control fluids for deep-water drilling in environmentally sensitive ecosystems).
The company's underlying technology consists of proprietary chemical formulations developed through multi-step technological processes, sold to industrial manufacturers across electronics, automotive, communication infrastructure, industrial surface finishing, consumer packaging, and offshore energy verticals. Its competitive positioning rests on domain specialization in three chemistry areas and integration across the electronics manufacturing value chain, with comprehensive global technical service support.
MacDermid's business model is B2B specialty chemical product sales delivered through enterprise field sales relationships, with pricing negotiated directly with industrial customers (no public pricing disclosure available). The company distributes through direct B2B sales across APAC (Taiwan, Korea, China, Japan), North America (USA), and Europe (Germany, UK). In February 2026, parent Element Solutions Inc completed the approximately $500 million acquisition of Micromax, funded through $450 million in incremental term loans and available cash, signaling continued inorganic growth investment in the electronics chemistry franchise.
MacDermid Incorporated firmographics
Firmographics- Name
- MacDermid Incorporated
- Legal name
- Element Solutions Inc
- Website
- https://macdermid.com
- Company type
- Private
- Founded year
- 1922
- Operating status
- Operating
- Headcount range
- 5,001–10,000 employees
- Short description
- MacDermid Incorporated is a global specialty chemicals producer operating under Element Solutions Inc, serving electronics, automotive, industrial surface finishing, and offshore energy markets through three divisions with proprietary chemical formulations.
- Ownership category
- akta.pro rank
MacDermid Incorporated industry classification
Industry- Product category
- Specialty Chemicals
- NAICS
- Semiconductor and Other Electronic Component Manufacturing (3344)
- SIC
- Miscellaneous Chemical Products (2890)
- akta.pro primary industry
- PCB & Electronics Manufacturing Chemicals (Desmear, micro-etch, plating, fluxes) (IMAEAKAL)
Keywords
Where MacDermid Incorporated is headquartered
LocationHeadquarters
- HQ city
- Denver
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
MacDermid Incorporated business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Supply Chain, Operations, Personnel, Technology or R&D, Marketing or Sales
Revenue model
- Specialty Chemical Product Sales: MacDermid generates revenue through the sale of specialty chemical formulations across three operating divisions. Products include surface finishing chemicals, electronics manufacturing chemistries, and offshore drilling fluids sold directly to industrial customers globally.
Go-to-market motion1 record
Distribution channels1 record
Marketing channels2 records
MacDermid Incorporated product offering
Product offeringCore offering
MacDermid is a global producer of high-technology specialty chemical products organized into three operating divisions: MacDermid Alpha Electronics Solutions (chemistries for electronics manufacturing from wafer fabrication to final device assembly), MacDermid Enthone Industrial Solutions (surface finishing chemicals including decorative and functional finishes, PET recycling, and wastewater treatment chemistries), and MacDermid Offshore Solutions (water-based drilling and hydraulic control fluids for offshore deep-water oil and gas operations). The company sells these chemical formulations directly to industrial manufacturers in electronics, automotive, communication infrastructure, consumer packaging, and offshore energy sectors.
Product overview
MacDermid is a family of specialty chemical businesses operating as part of Element Solutions Inc. The company operates three distinct divisions: MacDermid Alpha Electronics Solutions (specialty chemicals for electronics manufacturing from wafer fabrication to device assembly), MacDermid Enthone Industrial Solutions (surface finishing chemicals including decorative/functional finishes and environmental treatment chemistries), and MacDermid Offshore Solutions (drilling and production control fluids for offshore oil and gas operations). The portfolio serves key segments including electronic circuitry, communication infrastructure, automotive systems, industrial surface finishing, consumer packaging, and offshore energy.
Differentiator
Problem solved
Functional benefit
Brands
- MacDermid Alpha Electronics Solutions: Global leader in the electronics industry delivering integrated solutions from wafer fabrication to final device assembly, including smart surface films and in-mold electronic solutions. Provides high-quality chemistries and advanced materials with comprehensive technical service globally.
- MacDermid Enthone Industrial Solutions
- MacDermid Offshore Solutions
Products and services
- MacDermid Alpha Electronics Solutions Specialty chemical formulations and advanced materials serving every level of electronics manufacturing, from wafer fabrication to final device assembly, including smart surface films and in-mold electronic solutions. Targets global electronics manufacturers.
- MacDermid Enthone Industrial Solutions Surface finishing chemicals, decorative and functional finishes, PET recycling chemistries, and wastewater treatment chemistries, offered together with related services and equipment. Targets industrial manufacturers needing surface treatment and environmental compliance.
- MacDermid Offshore Solutions Environmentally superior water-based drilling fluids and hydraulic control system chemistries used by oil and gas companies for offshore deep-water drilling and production operations in sensitive ecosystems.
Companies that use MacDermid Incorporated
Customer profileSegments6 records
Ideal customer profiles3 records
MacDermid Incorporated technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
MacDermid Incorporated partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- MicromaxmajorElement Solutions Inc (parent company of MacDermid) completed acquisition of Micromax for approximately $500 million on February 2, 2026. This acquisition was funded through $450 million in new incremental term loans along with available cash.
Scale indicators6 records
Recent moves6 records
Expansion highlights6 records
MacDermid Incorporated competitors and assessment
Company assessmentOthers
- Element Solutions Inc: MacDermid's publicly-listed parent company; consolidates the MacDermid businesses alongside other ESI specialty chemistry brands. Provides capital allocation context but is not an operating comparable.
- Cabot Corporation: Cabot supplies performance materials and specialty chemicals to electronics and industrial customers, with select adjacency in surface finishing chemistry inputs. Adjacent specialty chemical peer with limited direct overlap.
Emerging players
- Entegris: Entegris supplies high-purity chemicals, filtration, and materials handling to semiconductor and PCB manufacturers, overlapping with MacDermid Alpha's high-purity chemistry and wafer-fab consumables. Stronger in advanced node semiconductor materials than in traditional PCB.
Direct peers
- Quaker Houghton: Quaker Houghton competes with MacDermid's specialty industrial chemicals portfolio, particularly in metalworking fluids, surface treatment chemistries, and offshore drilling-related fluid technologies. Comparable specialty chemical business model and direct enterprise sales motion.
- Atotech (MKS Instruments): Acquired by MKS Instruments in 2022, Atotech is the most direct competitor to MacDermid Alpha and Enthone, supplying chemistry equipment and chemistry solutions for PCB and surface finishing. Head-to-head overlap across both core electronics and industrial finishing chemistries.
- JX Metals Corporation (formerly JX Nippon Mining & Metals): JX Metals produces ultra-high-purity chemicals, surface finishing materials and sputtering targets for the electronics industry, directly competing with MacDermid Alpha in wafer-level materials and PCB processes.
Broad incumbents
- Henkel AG & Co. KGaA: Henkel's Adhesive Technologies segment supplies surface treatment and functional coating chemistries with overlapping applications in automotive and electronics finishing. A larger diversified industrial peer with broader portfolio breadth.
- BASF SE: BASF operates a global Coatings and Surface Treatment segment that overlaps with MacDermid Enthone's industrial finishing chemistries. A much broader chemicals incumbent with partial overlap on functional finishes and wastewater treatment chemistry.
- DuPont de Nemours: DuPont's Electronics & Industrial segment competes with MacDermid Alpha in advanced lithography materials, PCB chemistries, and display materials. A larger diversified specialty firm with overlapping technology stacks but broader end-market exposure.
- Resonac Holdings (formerly Showa Denko / Hitachi Chemical): Resonac supplies advanced electronic materials including packaging materials, photoresists, and surface finishing chemicals that overlap with MacDermid's portfolio. A larger Asian-headquartered materials incumbent with cross-vertical electronics exposure.
Market position
Strengths4 records
Weaknesses5 records
Competitive moat4 records
Key risks5 records
Key highlights7 records
Customer concentration
MacDermid Incorporated social profiles
Digital presenceMacDermid Incorporated financial estimates
Financial estimateRevenue estimate
Valuation estimate
MacDermid Incorporated leadership team
Management profileNumber of profiles
Profiles1 record
MacDermid Incorporated subsidiaries and ownership
Company hierarchySubsidiaries3 records
MacDermid Incorporated funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
MacDermid Incorporated M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about MacDermid Incorporated
What does MacDermid Incorporated do?
MacDermid is a global producer of high-technology specialty chemical products organized into three operating divisions: MacDermid Alpha Electronics Solutions (chemistries for electronics manufacturing from wafer fabrication to final device assembly), MacDermid Enthone Industrial Solutions (surface finishing chemicals including decorative and functional finishes, PET recycling, and wastewater treatment chemistries), and MacDermid Offshore Solutions (water-based drilling and hydraulic control fluids for offshore deep-water oil and gas operations). The company sells these chemical formulations directly to industrial manufacturers in electronics, automotive, communication infrastructure, consumer packaging, and offshore energy sectors.
Is MacDermid Incorporated a public or private company?
MacDermid Incorporated is a private company. It is classified as corporate owned and is currently operating.
When was MacDermid Incorporated founded?
MacDermid Incorporated was founded in 1922. It employs 5,001 to 10,000 people.
Where is MacDermid Incorporated based?
MacDermid Incorporated is headquartered in Denver, United States, in the North America region.
How does MacDermid Incorporated make money?
One revenue line is on record: specialty Chemical Product Sales.
Who are MacDermid Incorporated's main competitors?
Others on record are Element Solutions Inc and Cabot Corporation. Entegris is listed as an emerging player. Direct peers are Quaker Houghton, Atotech (MKS Instruments) and JX Metals Corporation (formerly JX Nippon Mining & Metals). Broad incumbents are Henkel AG & Co. KGaA, BASF SE, DuPont de Nemours and Resonac Holdings (formerly Showa Denko / Hitachi Chemical).
Does MacDermid Incorporated have an API?
No public API is recorded for MacDermid Incorporated.
What industry is MacDermid Incorporated in?
MacDermid Incorporated's product category is Specialty Chemicals. Its primary akta.pro industry code is IMAEAKAL, PCB & Electronics Manufacturing Chemicals (Desmear, micro-etch, plating, fluxes). Its NAICS code is 3344 and its SIC code is 2890.