Economic Moat

Eastman Chemical has no economic moat

Competing suppliers and alternative materials give customers ways to buy elsewhere, limiting Eastman's ability to keep prices above rivals across its product range. Its specialized products and efficient factories provide advantages in some areas, but these do not create lasting protection for the whole company.

Why Eastman Chemical has no moat

Limited customer lock-in

Uneven cost protection

Alternatives limit patent protection

The explanation behind each reason