Troy Corporation

Name

Troy Corporation

Legal name

Troy Corporation

Website

https://troycorp.com

Company type

Private

Founded year

1960

Operating status

Operating

Headcount range

251–500 employees

Ownership category

akta.pro rank

Headquarters

HQ city

Florham Park

HQ country

United States

HQ region

North America

Offices18 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Industrial Performance Materials: Troy develops and manufactures performance materials including preservatives, biocides, additives, and metal carboxylates sold to industrial customers globally for incorporation into their products and manufacturing processes.
2. Technical Services: Value-added technical services including TMMA microbial management program, field testing, microbiology, analytical testing, and regulatory support provided to customers.

Go-to-market motion2 records

Distribution channels3 records

Marketing channels3 records

Core offering

Troy Corporation develops and manufactures performance materials for industrial use, producing over 400 preservatives, biocides, performance additives, and metal carboxylates at modern manufacturing facilities on three continents. Its products prevent microbial degradation in customer formulations across paints and coatings, plastics, metalworking fluids, wood protection, energy, personal care, and home care applications. The company also delivers value-added technical services through its TMMA (The Microbial Management Advantage) program, including plant hygiene audits, microbiological identification, efficacy testing, and preservative optimization.

Product overview

Troy Corporation, now part of Arxada, develops and manufactures performance materials for industrial use. The company operates two main business units: Industrial Microbial Control and Consumer Microbial Control. Troy produces over 400 preservatives, performance additives, and metal carboxylates at manufacturing facilities on 3 continents. The product portfolio includes Industrial Microbial Control (Preservatives) with brands like Polyphase, Densil, Fungitrol, Mergal, Proxel; Performance Additives including Troykyd defoamers, Troysol flow/wetting agents, Troysperse dispersants, and Troythix rheology modifiers; Powdermate powder coating additives; Metalworking Fluids biocides and defoamers; Micropel antimicrobials for plastics; Metal Carboxylates (Driers) under Troycat, Troychem, and Troymax brands; TroyCare for personal care; Wood Protection products including ProTek; Energy Products with Aquamate and Oilmate; and HI&I cleaning preservatives. Products are available in over 100 countries worldwide.

Differentiator

Problem solved

Functional benefit

Brands

• Micropel: Antimicrobial protection brand for consumer products including paints, coatings, sealants, and household items
• Polyphase
• Mergal
• Proxel
• Troykyd
• Troysol
• Troysperse
• Troythix
• Powdermate
• Troymax
• Troycat
• Bodecid
• CarboShield
• TroyCare
• ProTek
• Aquamate
• Oilmate

Products and services

• Industrial Microbial Control (Preservatives)
• Performance Additives
• Powdermate
• Metalworking Fluids (MWF)
• Micropel
• Metal Carboxylates (Driers)
• TroyCare
• Wood Protection
• Energy Products
• HI&I (Household, Industrial & Institutional)
• TMMA (The Microbial Management Advantage) Service

Segments9 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

One partnership is on record.

• Micropel Co-Branding PartnerscoreGTM or Marketing PartnerTroy offers a Micropel cobranding program available to customers incorporating Arxada's antimicrobials in their formulations for industrial and consumer markets. Products tested and shown to meet high performance standards are authorized to carry the Micropel brand.

Scale indicators4 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• LANXESS AG: LANXESS operates a Material Protection Products business that supplies biocides, preservatives, and antimicrobials to coatings, plastics, and industrial customers, directly overlapping with Troy's core preservatives and performance additives portfolio.
• Lonza Group AG: Lonza's Microbial Control Solutions business produces preservatives and antimicrobial actives for industrial, personal care, and HI&I applications, making it a direct competitor to Troy's preservatives and TroyCare lines.
• Thor Group: Thor is a specialist in biocides and antimicrobial technologies serving paints, coatings, plastics, and personal care; following Arxada's acquisitions of both Troy and Thor, it is effectively a sibling brand and closest direct competitor in microbial control.
• Stepan Company: Stepan produces specialty surfactants, polymers, and biocidal preservatives for industrial, personal care, and HI&I markets, overlapping with Troy's preservatives and performance additives offerings.

Broad incumbents

• BASF SE: BASF is a global chemical major whose Care Chemicals and Performance Chemicals divisions supply biocides, preservatives, and additives into the same coatings, personal care, and industrial end-markets served by Troy, though as part of a much broader portfolio.
• Clariant AG: Clariant supplies specialty additives and performance chemicals, including antimicrobial and coating additive solutions, that compete with Troy's Troysol, Troythix, Troysperse, and preservative ranges across industrial markets.
• Dow Inc. Dow's Microbial Control business (legacy Dow Chemical) provides broad-spectrum biocides and preservatives for industrial applications, directly comparable to Troy's preservative portfolio though embedded within a much larger diversified chemical enterprise.
• Solvay SA: Solvay supplies specialty chemicals including additives and preservatives into coatings, personal care, and industrial markets, competing with Troy in selected specialty segments while serving a broader customer base.

Others

• AkzoNobel N.V. As a leading global paints and coatings manufacturer, AkzoNobel is both a major customer and technology partner for biocide and additive suppliers like Troy, making it a strategically adjacent peer shaping demand for Troy's products.
• RPM International Inc. RPM is a specialty coatings company whose Tremco, Carboline, and other subsidiaries are significant buyers of industrial biocides, additives, and metal carboxylates from suppliers like Troy, making it a comparable demand-side ecosystem participant.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat6 records

Key risks5 records

Key highlights7 records

Customer concentration

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Subsidiaries13 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 Troy Corporation