Investor || Fire Fly Merchants

Sanjiv@firefly-merchants.com
Service Block Al Jazirah Hamra, P.O. Box 78871, Ras Al Khaimah, United Arab Emirates

Fire Fly Merchants

Industrial Sourcing Solutions In
All Form-Fit-Function

FIRE FLY MERCHANTS FZ LLC, a procurement & engineering, Speciality Chemical solutions provider, and consultant.

FireFly Merchants FZC is a premier provider of one stop procurement solutions, engineering solutions, chemical solutions and consultancy, with a primary focus on the oil and gas sector and other heavy engineering sectors. Established in the UAE, our journey began with the fabrication of skid packages and the supply of BOP spares. To better serve our clients in the Gulf region, we have our presence with an office in the UAE.

Since our inception in 2022, we have been a key player in trading and industrial services across the Gulf region. Our services extend to the Middle East, North Africa, including Iraq, Africa, and the Caspian market.

Four Forces Analysis

Competitive Rivalry

(+) Limited breadth of services offered
(+) No player specialized in Metallurgical industry.
(-) Few players in each segment offering partial solutions

Supplier Power

(+) Large no. of suppliers / category
(-) Limited no. of quality suppliers / category
(-) Relationship driven selling.

Buyer Power

(-) Limited number of buyers / category
(-) Buyers purchase in high volumes.

Threat of Substitution /New Entry

(+) Strong domain expertise and industry network
(-) Easy for customers to switch back to the status quo.
(+) High switching cost in terms of lost value