What Nabaltec does

Nabaltec AG is a German specialty chemicals manufacturer founded in 1994 and headquartered in Schwandorf, Bavaria, listed on the XETRA exchange under ticker NTG. The company employs approximately 500 people and operates two business segments: Functional Fillers and Specialty Oxides. The Functional Fillers segment produces environmentally friendly flame-retardant mineral fillers based on aluminum hydroxide (ATH) and boehmite, marketed under the APYRAL® and ACTILOX® brands, which suppress flame spread and smoke gas development in cables, electronic devices, engineering plastics, elastomers, and PVC. The Specialty Oxides segment produces aluminum oxide-based materials under the NABALOX®, GRANALOX®, and DENTOLOX® brands for refractories, technical ceramics, polishing applications, and dental ceramics.

Nabaltec's underlying technology centers on the calcination, grinding, and surface treatment of aluminum hydroxide and aluminum oxide into precisely engineered grades differentiated by particle size, specific surface area, purity, and coating chemistry. Products are sold as raw material inputs that customers formulate into end-products requiring fire safety, thermal stability, or mechanical hardness. The company runs production sites in Germany, plus wholly-owned US operations through Naprotec USA (Corpus Christi, Texas) and Nashtec USA (Chattanooga, Tennessee), and reports a 76.7% export ratio for FY2025.

The business model is a sales-led B2B direct sales motion targeting industrial manufacturers in cable, electronics, refractory, technical ceramics, polishing, and increasingly e-mobility and lithium-ion battery applications. Pricing is quote-based and not publicly disclosed, typical of specialty chemicals. Revenue is generated through one-time purchase orders rather than subscriptions or licensing. The company has been recognized as one of Germany's most innovative SMEs for 11 consecutive years, sustains REACH-compliant registrations across target markets, and partners with pinfa, local waste-to-energy utilities, and regional academic institutions. Reported FY2025 revenue was €197 million.

Name

Nabaltec

Legal name

Nabaltec AG

Website

https://nabaltec.de

Company type

Public

Founded year

1994

Operating status

Operating

Headcount range

251–500 employees

Short description

Nabaltec AG is a German specialty chemicals company that manufactures environmentally friendly, halogen-free flame-retardant fillers (aluminum hydroxide, boehmite) and specialty aluminum oxides for cable, electronics, refractory, technical ceramics, and e-mobility customers worldwide.

Ownership category

akta.pro rank

Headquarters

HQ city

Schwandorf

HQ country

Germany

HQ region

Europe

Offices3 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Functional Fillers segment: Revenue from environmentally friendly flame-retardant fillers based on aluminum hydroxide, serving cables, electronic devices, and other applications requiring fire safety.
2. Specialty Oxides segment: Revenue from specialty oxides based on aluminum oxide, serving machine components, refractory industry, technical ceramics, and polishing applications.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

Nabaltec AG manufactures and sells inorganic specialty chemicals in two divisions. The Functional Fillers division produces aluminum hydroxide (ATH) and boehmite grades used as flame retardants and smoke suppressants in plastics, elastomers, and cable compounds. The Specialty Oxides division produces aluminum oxides (alumina) and ceramic masses used as raw materials for technical ceramics, refractories, polishing, and other high-performance industrial applications.

Product overview

Nabaltec is a specialist chemicals company that develops and manufactures environmentally friendly, flame-retardant fillers and specialty oxides. The company operates in two business segments: Functional Fillers and Specialty Oxides. The Functional Fillers segment includes Aluminiumhydroxid (aluminum hydroxide/ATH) and Böhmit (boehmite) products under the APYRAL® and ACTILOX® brands, which provide halogen-free flame retardancy for cables, electronics, engineering plastics, elastomers, and PVC. The Specialty Oxides segment includes Aluminiumoxid (aluminum oxide) products under the NABALOX®, GRANALOX®, and DENTOLOX® brands, used in refractories, technical ceramics, polishing applications, and dental ceramics. Products are distributed through three production sites in Germany and the USA, serving international markets with an export quota of 76.7%.

Differentiator

Problem solved

Functional benefit

Brands

• ACTILOX®: Product brand for specialty aluminum-based materials including ACTILOX® 200 AS1, ACTILOX® 200SM, ACTILOX® B30, ACTILOX® B60, and related variants for various industrial applications
• APYRAL®
• NABALOX®
• GRANALOX®
• DENTOLOX®

Products and services

• Aluminum Hydroxide (Aluminiumhydroxid, ATH) Functional Fillers High-purity aluminum hydroxide grades supplied to industrial compounders of plastics, elastomers, and cable insulation as halogen-free flame retardant and smoke suppressant fillers.
• Boehmite (Böhmit) Functional Fillers Aluminum oxide hydroxide (boehmite) specialty fillers supplied to industrial customers for demanding polymer, coating, and surface-related applications.
• Aluminum Oxide (Aluminiumoxid / Alumina) Specialty Oxides Aluminum oxide specialty raw materials supplied to industrial manufacturers of technical ceramics, refractories, and polishing compounds.
• Ceramic Masses (Keramische Massen) Formulated ceramic mass products supplied to manufacturers of technical ceramics as ready-to-process raw material formulations.

Quantifiable outcome

• Products help replace hazardous substances like brominated flame retardants and nitrogen oxides in diesel particulate filters

Named customers5 records

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Five partnerships are on record, tiered core and minor.

• pinfa (Phosphorus, Inorganic and Nitrogen Flame Retardants Association)coreOthersNabaltec is a member of pinfa, an association of flame retardant manufacturers and users providing updates on product sustainability and fire safety topics relevant to the industry worldwide.
• OTH Amberg-Weiden (OTH Eastern Bavaria)minorOthersNabaltec participates in the 'Hidden Champions Oberpfalz' topic series organized by OTH Amberg-Weiden technical university and VDI Bezirksverein Bayern e.V., supporting regional knowledge exchange and industry visibility.
• VDI Bezirksverein Bayern e.V.minorOthersPartnership through the 'Hidden Champions Oberpfalz' topic series organized with OTH Amberg-Weiden, supporting knowledge exchange between industry and academia in the Upper Palatinate region.
• Zweckverband Müllverwertung SchwandorfcoreOthersNabaltec partners with the local waste-to-energy association to source a significant portion of their energy needs from renewable energy, supporting their sustainability goals.
• Erfolgsfaktor Familie (Success Factor Family)minorOthersNabaltec is a member of the nationwide 'Erfolgsfaktor Familie' network and 'Familienpakt Bayern', supporting work-life balance and family-friendly employment practices in cooperation with local and state initiatives.

Scale indicators3 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Huber Engineered Materials (J.M. Huber Corporation): Huber's Engineered Materials division is one of the world's largest producers of aluminum hydroxide (ATH) and magnesium hydroxide flame retardants. Directly competes with Nabaltec in halogen-free functional fillers for cables, electronics, and engineered plastics.
• Almatis: Global producer of specialty alumina products serving refractories, ceramics, and polishing applications. Directly comparable to Nabaltec's Specialty Oxides segment, including tabular and reactive aluminas.

Regional players

• Hindalco Industries (Aditya Birla Group): India-based integrated aluminum and chemicals producer with significant aluminum hydroxide and specialty alumina output. Competes with Nabaltec primarily in Asian markets for flame retardant and ceramic-grade aluminas.

Broad incumbents

• Resonac Holdings (formerly Showa Denko): Diversified Japanese chemicals and electronics materials company producing specialty alumina, ceramic raw materials, and CMP slurries. Overlaps with Nabaltec's specialty oxides portfolio and serves similar semiconductor and ceramics customers.
• Imerys: Large French-listed specialty minerals group offering a broad portfolio of functional fillers, refractory minerals, and ceramic raw materials. Competes with Nabaltec across multiple end uses including flame retardancy and technical ceramics.
• Norsk Hydro: Major Norwegian integrated aluminum producer with a chemicals business producing alumina-based materials including ATH. Competes with Nabaltec at the broader commodity-to-specialty alumina interface.
• Sibelco: Global specialty minerals company producing high-purity alumina, fused minerals, and ceramic raw materials. Overlaps with Nabaltec's specialty oxides in refractories and precision applications.
• Chalco (Aluminum Corporation of China): One of the world's largest integrated aluminum and alumina producers with significant specialty and fine alumina output. Competes with Nabaltec in global alumina markets, particularly in Asia.

Emerging players

• TOR Minerals International: Specialty producer of alumina-based pigments and fillers for coatings, plastics, and ceramics. Competes with Nabaltec in niche specialty alumina and boehmite applications.
• Dadco Alumina & Chemicals: European specialty alumina producer focused on aluminum hydroxide, calcined alumina, and boehmite for ceramics, refractories, and flame retardants. Closely comparable product portfolio to Nabaltec's two business segments.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/Nabaltec_AG
• Facebookfacebook.com/nabaltec.ag
• LinkedInlinkedin.com/company/nabaltec-ag-ntg-
• Instagraminstagram.com/nabaltec_ag

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Subsidiaries2 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 Nabaltec