Kanthal is a provider of products and services in the area of industrial heating technology and resistance materials and provides materials for electric heating, temperature sensing and heat resistant applications. Kanthal also offers ultra-fine wire in stainless steel and precious metals for use in medical and electronic appliances.
Products are mainly used by customers within the Industrial Heating, Consumer and Medical customer segments.
The largest geographical market is Europe (34 percent of Kanthal’s revenues in 2021), followed by North America (33 percent), Asia (29 percent), and other markets (4 percent).
Revenues: 3,972 MSEK
Adj. EBIT 15.4 %
No. of employees: 1,215
Division President Anders Björklund
(figures refer to 2022)
Kanthal’s main competitors are Aperam, VDM Metals, Tokai KK and I Squared R Element. In the medical segment of Kanthal, Fort Wayne Metals and Heraeus are among the competitors.
Revenue recognized at location of buying customer and not end-user.