Elantas

What Elantas does

ELANTAS is a division of ALTANA AG (a privately held German specialty chemicals group owned by SKion GmbH) and a global manufacturer of insulating and protective materials for the electrical and electronics industry. The company's portfolio spans wire enamels, impregnating resins and varnishes, casting and potting resins, flexible electrical insulation materials, electronic protection materials, specialty industrial coatings, printed electronics materials, and tooling and composite materials, marketed under sub-brands including ELAN-drive (eMobility) and ELAN-Film (flexible insulation). ELANTAS serves manufacturers in transportation, power generation and distribution, industrial, consumer, eMobility, and data centre infrastructure end markets through 12 manufacturing sites across Europe (Germany, Italy), the Americas (United States, Brazil), and Asia (China, India, Malaysia).

The company generates revenue by selling specialty chemicals directly to B2B OEMs and equipment manufacturers via enterprise field sales and direct commercial relationships, with pricing not publicly disclosed. Distribution is anchored in local-for-local manufacturing rather than centralized export, supported by regional application engineering and a global key account management function (e.g., Lear Corporation). ELANTAS benefits from ALTANA's group-wide R&D investment of approximately 7% of sales, which has produced proprietary formulations including the 2016 ALTANA Innovation Award-winning ELAN-Film, and has expanded the division's footprint through targeted acquisitions: the Solvay Formulated Resins business (CONAP, 2017) in the US, Changzhou Hongbo's wire enamel business in China (2017), and Hubergroup India's wire enamels (2020). ELANTAS Beck India Ltd. is separately listed on Indian stock exchanges, while the broader division is privately held.

Name

Elantas

Legal name

ELANTAS Electrical Insulation (a division of ALTANA AG)

Website

https://elantas.com

Company type

Private

Founded year

1919

Operating status

Operating

Headcount range

251–500 employees

Short description

ELANTAS is a global specialty chemicals division of ALTANA AG that manufactures wire enamels, impregnating resins, casting and potting compounds, and electronic protection materials for electrical and electronics OEMs across transportation, power, industrial, eMobility, and data centre markets.

Ownership category

akta.pro rank

Headquarters

HQ city

St Louis

HQ country

United States

HQ region

North America

Offices10 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Technology or R&D, Personnel, Operations, Infrastructure, Marketing or Sales

Revenue model

1. Specialty Chemicals for Electrical Insulation: ELANTAS generates revenue by manufacturing and selling a comprehensive portfolio of insulating and protective materials to manufacturers in the electrical and electronics industry. Revenue is derived from the sale of wire enamels, impregnating resins and varnishes, casting and potting resins, flexible electrical insulation materials, electronic protection materials, specialty industrial coatings, and printed electronics products. The company serves markets including transportation, power generation, industrial, consumer, and eMobility. ELANTAS division generated approximately €507 million in sales in 2018.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

Elantas is a leading manufacturer of insulating and protective materials for the global electrical and electronics industry. The company produces wire enamels, impregnating resins and varnishes, casting and potting resins, flexible electrical insulation materials, materials for electronic protection, specialty industrial coatings, and materials for printed electronics. Its products serve manufacturers of electric motors, transformers, generators, EV charging infrastructure, and consumer electronics.

Product overview

ELANTAS is a division of ALTANA AG and a leading manufacturer of insulating and protective materials for the global electrical and electronics industry. The company offers a comprehensive portfolio organized into product categories including Wire Enamels, Impregnating Materials, Casting & Potting Materials, Flexible Electrical Insulation Materials, Materials for Electronic Protection, Materials for Tooling & Composites, and Specialty & Industrial Coatings. Additionally, ELANTAS provides eMobility solutions under the ELAN-drive brand. These products serve applications in electric motors, cars, household appliances, generators, transformers, capacitors, wind turbines, computers, EV charging stations, and battery systems. The portfolio enables product developers to build smaller and more efficient electrical units while saving materials and energy.

Differentiator

Problem solved

Functional benefit

Brands

• ELAN-drive: eMobility solutions brand for electric vehicle applications
• ELAN-Film
• Von Roll (product portfolio)

Products and services

• Wire Enamels Insulating wire coatings used in electric motors, transformers, and other electrical equipment, enabling miniaturization and efficiency gains. Used by electrical equipment manufacturers.
• Impregnating Materials Resins and varnishes used to impregnate and protect electrical components such as transformers, generators, and electric motors from moisture, contamination, and mechanical stress.
• Casting & Potting Materials Encapsulation materials that protect electronic components and power electronics in applications such as EV chargers, battery modules, and ADAS systems.
• Flexible Electrical Insulation Materials Flexible insulation solutions including films and tapes for electrical insulation in various applications. The ELAN-Film concept was awarded the ALTANA Innovation Award in 2016.
• Materials for Electronic Protection Conformal coatings and potting compounds that protect electronic assemblies from environmental factors and electrical stress.
• Materials for Tooling & Composites Specialty materials for tooling and composite manufacturing applications.
• Specialty & Industrial Coatings Industrial coating solutions including overprint varnishes and specialty coatings for various applications.
• ELAN-drive eMobility Solutions A specialized eMobility solutions portfolio including wire enamels and insulation materials optimized for electric vehicles and charging infrastructure, positioned as a success factor for electro-mobility expansion.

Quantifiable outcome

• ELANTAS Beck India reported 32.38% increase in Q4 CY2025 net profit to Rs 39.37 crore with 9.26% rise in sales to Rs 215.20 crore; full year saw 5.89% profit growth and 13.27% sales increase
• +3 more outcomes

Named customers2 records

Segments6 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

Three partnerships are on record, tiered core.

• Hubergroup India (Wire Enamels Business)coreStrategic or Co-development Partner · 3 January 2020ELANTAS acquired the wire enamels activities of Hubergroup India in January 2020, growing its business in India. Products from this acquisition are manufactured at the Ankleshwar production site of ELANTAS Beck India Ltd. Hubergroup India's wire enamels business achieved sales in a one-digit million euro range in 2018. The acquisition supplements ELANTAS's technologically advanced product portfolio.
• Changzhou Hongbo PaintcoreStrategic or Co-development Partner · 5 October 2017ELANTAS acquired the wire enamel business of Changzhou Hongbo Paint in China, alongside expansion of the Tongling site. This acquisition strengthened ELANTAS's China business in the wire enamels segment, expanding the product portfolio and customer base in the growth market.
• Solvay (Formulated Resins Business)coreStrategic or Co-development Partner · 4 January 2017ALTANA acquired the Formulated Resins business of Belgian chemical group Solvay in January 2017. The business, sold primarily under the Conap® brand, generated approximately $20 million in sales in 2015. ALTANA acquired a research and production facility in Olean, New York with 53 employees, integrated into ELANTAS PDG, Inc. The acquisition strengthens ELANTAS's position as technology leader and expands business in North America.

Scale indicators12 records

Recent moves8 records

Expansion highlights6 records

Direct peers

• Momentive Performance Materials: Global silicones and specialty materials producer supplying potting compounds, encapsulants, and conformal coatings used in EV power electronics and industrial electrical applications — direct overlap with Elantas's electronic protection portfolio, especially in eMobility.
• Wacker Chemie AG: German specialty chemicals manufacturer whose silicones and resins serve electrical and electronic insulation applications including potting, encapsulation, and conformal coating — directly comparable chemistries and customer set to Elantas's casting/potting and electronic-protection product lines.
• Von Roll Holding AG: Swiss-based specialist in electrical insulation systems including wire enamels and impregnating resins — historically Elantas's most direct specialist competitor, and even referenced internally as a legacy brand/sub-brand at Elantas. Direct overlap in motor, transformer, and generator insulation materials.
• Hexion (now part of American Industrial Partners): Specialty epoxy and phenolic resins producer serving electrical laminates, casting, and potting applications. Highly comparable to Elantas's impregnating resin and casting/potting product lines serving transformer and motor manufacturers.
• Krempel Group: German-based specialty manufacturer of electrical insulation materials including flexible insulation films, laminates, and resins — closely comparable niche competitor to Elantas in flexible electrical insulation and impregnating materials for transformer/motor markets.

Broad incumbents

• Axalta Coating Systems: Global coatings and specialty materials supplier with adjacency to Elantas through specialty industrial coatings, electrical insulation coatings, and powder coatings used in motor and transformer applications. Larger and broader than Elantas but overlapping in industrial-coatings chemistry.
• Huntsman Corporation: Large specialty chemicals group with epoxy, polyurethane, and advanced materials serving electrical encapsulation, composites, and EV-related applications. Notably also a former employer of Elantas PDG's incoming CEO, indicating shared talent and adjacent technology overlap.
• Resonac Holdings (formerly Showa Denko): Japanese specialty chemicals and materials company producing specialty resins, electronic materials, and encapsulation compounds used in semiconductors and power electronics — comparable business model of serving electronics/EV OEMs with specialty chemical formulations.
• Henkel AG & Co. KGaA: Global adhesives, sealants, and specialty coatings major with significant presence in electronic materials, conformal coatings, and potting compounds for automotive/industrial customers — comparable chemistry stack and customer base though not exclusively focused on electrical insulation.
• 3M Company: Diversified industrial conglomerate whose Electrical Markets division produces insulating tapes, resins, and electronic materials. Comparable end-applications (motors, transformers, electronics) and B2B industrial sales motion, though vastly broader portfolio than Elantas.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/search
• YouTubeyoutube.com/user/altana2010cc
• Facebookfacebook.com/ELANTAS
• LinkedInlinkedin.com/company/altana-ag

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Subsidiaries8 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Elantas