- Headquarters: Midland, Michigan, United States
- Founded: 1897 (as The Dow Chemical Company); reformed April 1, 2019 (as Dow Inc.)
- Employees: Approximately 36,000 worldwide
- 2024 Revenue: $42.96 billion USD
- Market Cap: Approximately $17 billion USD (January 2026)
Dow Inc. ranks among the world’s leading materials science companies. The company serves customers in high-growth markets including packaging, infrastructure, mobility, and consumer applications. Dow operates manufacturing sites across 31 countries and maintains a presence in approximately 160 nations.
The company emerged as an independent entity on April 1, 2019, following the dissolution of DowDuPont. This strategic separation created three focused companies from the 2017 merger of Dow Chemical and DuPont de Nemours. Today, Dow combines chemistry, biology, and physics to develop innovative products across diverse industries.
Dow Inc. History
Dow Inc. Co-founders
Dow Inc. Revenue
Dow Inc. reported annual revenue of $42.96 billion for 2024. This represented a 3.72% decline from the previous year’s $44.62 billion. The company’s revenue peaked at $56.9 billion in 2022 before experiencing market corrections.
Dow Inc. Competitors
Dow operates in a competitive global chemicals market. The company faces competition from both traditional chemical manufacturers and specialized materials science firms across multiple product categories and geographic regions.
| Company | Headquarters | Primary Focus |
|---|---|---|
| BASF SE | Ludwigshafen, Germany | Diversified Chemicals |
| LyondellBasell | Houston, Texas | Plastics and Chemicals |
| SABIC | Riyadh, Saudi Arabia | Petrochemicals |
| Eastman Chemical | Kingsport, Tennessee | Specialty Chemicals |
| Huntsman Corporation | The Woodlands, Texas | Polyurethanes and Materials |
| ExxonMobil Chemical | Houston, Texas | Petrochemicals |
| INEOS | London, United Kingdom | Petrochemicals |
| LG Chem | Seoul, South Korea | Petrochemicals and Batteries |
| Covestro | Leverkusen, Germany | Polymer Materials |
| Shin-Etsu Chemical | Tokyo, Japan | Silicones and PVC |
Dow Inc. Acquisitions
Dow has pursued strategic acquisitions to strengthen its market position and expand into specialty chemicals. The company’s acquisition strategy focuses on transformative deals rather than frequent smaller purchases.
The 2001 acquisition of Union Carbide Corporation for $9.3 billion marked a pivotal moment. This deal strengthened Dow’s petrochemical and polyethylene operations. Union Carbide brought substantial manufacturing capabilities and technical expertise to the combined organization.
In 2009, Dow completed the acquisition of Rohm and Haas for $15 billion. This transaction created the world’s largest advanced materials and specialty chemicals business. The deal moved Dow further into specialty chemicals, which offer higher profit margins than commodity chemicals.
The 2016 acquisition of Dow Corning’s remaining stake for $4.8 billion consolidated Dow’s position in silicone products. This transaction gave Dow full ownership of one of the world’s leading silicone manufacturers.
The 2017 merger with DuPont represented Dow’s largest strategic move. The combined DowDuPont entity became the world’s largest chemical company before separating into three focused businesses in 2019.
Recent acquisitions reflect Dow’s sustainability priorities. In 2024, Dow acquired Circulus, a North American polyethylene recycler. This purchase added 50,000 metric tons of recycling capacity annually and supports Dow’s 2030 Transform the Waste goals. The company also divested non-core assets, including selling its flexible packaging laminating adhesives business to Arkema for $150 million in 2024.
Dow Inc. Marketcap
Dow Inc.’s market capitalization fluctuates with industry cycles and global economic conditions. As of January 2026, the company’s market cap stands at approximately $17 billion USD. This represents a decline from its 2019 spin-off valuation of $42 billion.
FAQs
When was Dow Inc. founded?
The Dow Chemical Company was founded by Herbert H. Dow in 1897 in Midland, Michigan. Dow Inc. became an independent public company on April 1, 2019, following the separation from DowDuPont.
Who is the current CEO of Dow Inc.?
Jim Fitterling serves as Chairman and CEO of Dow Inc. He assumed the CEO role in 2018 and has led the company through its separation from DowDuPont and subsequent independence.
What products does Dow Inc. manufacture?
Dow produces polyethylene, silicones, polyurethanes, coatings, and specialty chemicals. These products serve packaging, infrastructure, automotive, electronics, and consumer goods industries worldwide.
Where is Dow Inc. headquartered?
Dow Inc. is headquartered in Midland, Michigan, United States. The company has maintained its headquarters in Midland since Herbert H. Dow founded the original company there in 1897.
How many employees does Dow Inc. have?
Dow Inc. employs approximately 36,000 people worldwide. The company operates manufacturing sites in 31 countries and maintains a commercial presence in approximately 160 nations.
