Perimeter Solutions, SA Common Stock (PRM)

Competitors to Perimeter Solutions, SA Common Stock (PRM)

3M Company 

3M is a diversified technology company with a strong presence in various sectors including safety and fire protection, where they offer a range of fire suppressant products. Perimeter Solutions competes with 3M by focusing specifically on innovations in fire suppression chemistry. Although 3M has the upper hand due to its extensive resources, strong brand equity, and diverse product portfolio, Perimeter Solutions can differentiate itself by offering specialized products tailored to unique industry needs and more agile market responses.

Buckeye Fire Equipment

Buckeye Fire Equipment specializes in fire protection equipment, including fire suppressants, which puts them in direct competition with Perimeter Solutions. While Buckeye focuses heavily on manufacturing and distribution of fire suppression systems, Perimeter Solutions has a strong emphasis on chemical formulations and firefighting technologies. Buckeye's competitive advantage lies in its established distribution network and strong brand reputation in North America, giving it leverage in reaching key markets quickly.

Chemours Company 

Chemours Company is a major player in the specialty chemicals market, similar to Perimeter Solutions, particularly in delivering fire suppression chemicals and other products for industrial applications. Both companies target sectors that require effective fire protection solutions, but Chemours has a broader portfolio that includes a strong focus on performance chemicals and materials. It leverages extensive R&D facilities and a well-established supply chain, giving it a competitive edge in innovation and product development.

National Foam

National Foam is known for its production of firefighting foam and related systems, competing directly with Perimeter Solutions. Both companies offer similar products aimed at fire safety and suppression; however, National Foam benefits from a long history and strong relationships within the fire service industry. They have built significant brand loyalty with fire departments across the United States, which can make it difficult for newer entrants like Perimeter Solutions to gain ground.

Tyco SimplexGrinnell

Tyco SimplexGrinnell, a subsidiary of Johnson Controls, provides fire protection services and equipment, competing alongside Perimeter Solutions in the fire safety market. The primary competition lies in the integration of services and the breadth of product offerings. Tyco has a significant advantage due to its size, well-regarded reputation, and comprehensive range of fire safety solutions; however, Perimeter Solutions aims to carve out a niche with its innovative chemical solutions, focusing on efficiency and effectiveness in fire suppression.