Frost & Sullivan’s Best Practices Awards honor achievement and superior performance in areas such as leadership, technological innovation, customer service and strategic product development
Hempel, a Danish maker of protective coatings within the decorative, protective and marine market segments, was honored for its accomplishments in the wind turbine protective coatings market with the 2011 Frost & Sullivan Product Line Strategy Award.
Frost & Sullivan’s Best Practices Awards honor achievement and superior performance in areas such as leadership, technological innovation, customer service and strategic product development.
Gaurav Vyas, research analyst at Frost & Sullivan, said: “Hempel’s strong foothold in the wind turbine protective coatings market is a result of the customer-centric strategy that it has followed over the years. The wind turbine coating product lines are perfect examples of its product line strategy in action and how it has consolidated its position in the marketplace. Hempel’s ability for customisation and onsite technical support represent the critical success factors for increasing and maintaining its market share in the wind turbine coatings market.”
Hempel's customers include AN Energie, Bonus Energy, Dewind, Enercon GmbH, Ecotechnia, Frisia, Gamesa Eolica, GE wind energy, Lagerway, Made, Mitsubishi Heavy industries, NEG-Micon, Nordex, REpower, Vestas Wind Systems.
To benchmark Hempel’s performance against competitors, Frost & Sullivan analysed the breadth of product line, the size of the addressable customer base, the impact on market share, the range of applications and the markets served. Hempel trumped its competitors in every category.