[Ranking] TOP 25 Paints And Coatings / Chemicals Companies Q3/2023
Intro
The paints and coatings industry plays a critical role in the worldwide economy, providing essential products for a wide range of applications. From residential and commercial construction to automotive and aerospace industries, paints and coatings are essential for both protection and aesthetic purposes.
With its profound influence, the paints and coatings industry has ripple effects across diverse sectors. For instance, the automotive industry relies heavily on high-performance coatings to enhance durability and appearance, while the healthcare sector depends on specialized coatings for medical devices and equipment.
The paints and coatings industry has experienced significant growth in recent years, with a promising upward trajectory. The market size is projected to reach billions of dollars by [YEAR], driven by increasing demand from emerging economies and technological advancements that offer innovative coating solutions.
Recent trends, breakthroughs, and obstacles are shaping the paints and coatings industry. Environmental concerns and regulations have led to a shift towards eco-friendly and low-VOC coatings. Additionally, the development of self-healing coatings and nanotechnology-based coatings has opened new possibilities for improved performance and durability.
The landscape of the paints and coatings industry is constantly evolving, driven by changing consumer preferences, emerging technologies, and sustainability goals. This dynamic environment sets the stage for exploring the top companies in the paints and coatings sub-industry, as they adapt to these market trends and drive innovation.
Ranking
#25 Tikkurila
Employees: 1.6K
Revenue: 500M$
Website: https://www.tikkurilagroup.com/
Description: Tikkurila, headquartered in Helsinki, Finland, is a leading company in the Paints and Coatings industry. With a rich history dating back to 1862, the company has established itself as a trusted provider of high-quality paints and coatings. Tikkurila operates primarily in Europe and offers a wide range of products for both consumer and professional use. Their portfolio includes decorative paints, industrial coatings, and wood finishes, among others. With a dedicated team of 1,600 employees, Tikkurila is committed to delivering innovative solutions and exceptional customer service. In 2020, the company reported a revenue of 500 million dollars, showcasing its strong presence and financial performance in the industry.
#24 DAW SE
Employees: 1.5K
Revenue: 500M$
Website: https://www.dawse.com
Description: DAW SE is a leading player in the Paints And Coatings industry. Headquartered in New York, United States, the company was founded in 1995. With a workforce of approximately 1,500 employees, DAW SE specializes in the production and distribution of high-quality paints and coatings. The company's extensive product portfolio caters to various sectors, including residential, commercial, and industrial applications. DAW SE is known for its commitment to innovation and sustainability, constantly developing eco-friendly and technologically advanced solutions. With annual revenue of 500 million dollars, DAW SE has established itself as a key player in the global paints and coatings market.
#23 Kansai Nerolac Paints
Employees: 5K
Revenue: 1.2B$
Website: https://www.nerolac.com
Description: Kansai Nerolac Paints is a leading paints and coatings company headquartered in Mumbai, India. Established in 1920, the company has a strong presence in the chemicals industry, specifically in paints and coatings. With a workforce of approximately 5,000 employees, Kansai Nerolac Paints operates across Asia, offering a wide range of paints and coatings for various applications, including decorative, automotive, industrial, and marine. The company's revenue stands at around 1.2 billion US dollars, positioning it as a key player in the industry. Kansai Nerolac Paints is known for its innovation, quality products, and commitment to sustainability, making it a trusted choice for customers in the paints and coatings sector.
#22 Hempel Paints
Employees: 2.5K
Revenue: 1.2B$
Website: https://www.hempelpaints.com
Description: Hempel Paints is a leading player in the Paints and Coatings industry. Headquartered in Houston, United States, the company has been providing high-quality paints and coatings since its establishment in 1915. With a workforce of approximately 2.5 thousand employees, Hempel Paints has established itself as a trusted name in the industry. The company generates an impressive revenue of 1.2 billion dollars, offering a wide range of innovative and sustainable solutions for various applications. Hempel Paints continues to drive growth and innovation in the Chemicals industry, meeting the evolving needs of its customers worldwide.
#21 Chugoku Marine Paints
Employees: 3.5K
Revenue: 1.2B$
Website: https://www.cmp.co.jp/
Description: Chugoku Marine Paints, headquartered in Hiroshima, Japan, is a leading company in the Paints and Coatings industry. With a history dating back to 1917, the company has established itself as a reliable and innovative provider of high-quality paints and coatings. Chugoku Marine Paints offers a wide range of products for various applications, including marine, architectural, automotive, and industrial coatings. Their expertise lies in developing environmentally friendly and durable solutions that protect surfaces from corrosion, UV radiation, and other harsh conditions. With a workforce of approximately 3.5 thousand employees, the company generates an annual revenue of around 1.2 billion dollars, making it a significant player in the global market.
#20 Hempel
Employees: 9K
Revenue: 1.2B$
Website: https://www.hempel.com
Description: Hempel is a leading global provider of paints and coatings in the Chemicals industry. With its headquarters in Kansas City, United States, the company has been in operation since 1915. Hempel employs approximately 9,000 employees worldwide, offering a wide range of high-quality products for the paints and coatings sector. The company's revenue stands at around 1.2 billion US dollars, making it a significant player in the industry. Hempel's commitment to innovation and sustainability has positioned it as a trusted partner for customers seeking reliable and environmentally friendly solutions for their coating needs.
#19 Hempel Group
Employees: 10K
Revenue: 2B$
Website: https://www.hempel.com
Description: The Hempel Group, headquartered in Hamburg, Germany, is a leading player in the paints and coatings industry. With a history dating back to 1915, the company has established itself as a global provider of high-quality coatings solutions. Hempel offers a wide range of products and services for various sectors, including marine, protective, decorative, and industrial coatings. Their innovative solutions cater to the needs of customers across the globe, ensuring durability, aesthetics, and sustainability. With a workforce of 10,000 employees, Hempel generates an annual revenue of 2 billion dollars, driving growth and success in the industry.
#18 Berger Paints
Employees: 3.5K
Revenue: 2B$
Website: https://www.bergerpaints.com
Description: Berger Paints, headquartered in Kolkata, India, is a leading player in the Paints and Coatings industry. Founded in 1923, the company has a rich history of providing high-quality paint solutions to its customers. With a workforce of approximately 3,500 employees, Berger Paints operates across Asia and has a strong presence in India, Bangladesh, and Nepal. The company offers a wide range of products, including decorative paints, industrial coatings, and protective coatings, catering to both residential and commercial customers. With its commitment to innovation and sustainability, Berger Paints has established itself as a trusted brand in the industry. With annual revenue of 2 billion dollars, the company continues to expand its market share and deliver exceptional value to its stakeholders.
#17 Jotun
Employees: 10K
Revenue: 2B$
Website: https://www.jotun.com
Description: Jotun is a leading global supplier of paints and coatings, operating in the Chemicals industry. Headquartered in Sandefjord, Norway, Jotun has been in operation since 1926. With a workforce of approximately 10,000 employees, Jotun generates an estimated annual revenue of 2 billion US dollars. The company specializes in providing high-quality paints and coatings for various applications, including industrial, marine, decorative, and protective coatings. Jotun's products are known for their durability, superior performance, and eco-friendly formulations. With a strong focus on innovation and sustainability, Jotun continues to be a key player in the paints and coatings industry, offering a wide range of solutions that meet the evolving needs of customers worldwide.
#16 KCC Corporation
Employees: 6K
Revenue: 2.3B$
Website: https://www.kccworld.co.kr
Description: KCC Corporation, headquartered in Seoul, South Korea, is a leading player in the Paints and Coatings industry. Founded in 1958, KCC Corporation has grown to become a global leader in providing innovative solutions for the chemical industry. With a workforce of approximately 6,000 employees, the company operates in various segments of the industry, including decorative paints, industrial coatings, and automotive coatings. KCC Corporation is known for its commitment to research and development, constantly striving to develop new and advanced products that meet the evolving needs of its customers. With annual revenue of 2.3 billion dollars, KCC Corporation continues to expand its presence in the global market, offering high-quality paints and coatings that enhance the aesthetics and durability of various surfaces.
#15 Asian Paints
Employees: 5.6K
Revenue: 2.5B$
Website: https://www.asianpaints.com
Description: Asian Paints is a leading player in the Paints And Coatings industry. Headquartered in Mumbai, India, the company has been operating since 1942. With a workforce of 5.6 thousand employees, Asian Paints has established itself as a key player in the market. The company generates an annual revenue of 2.5 billion U.S. dollars. Asian Paints offers a wide range of paints and coatings products, catering to both residential and industrial segments. Through continuous innovation and a strong focus on customer satisfaction, Asian Paints has become a trusted brand in the industry, known for its quality products and exceptional service.
#14 H.B. Fuller
Employees: 5.3K
Revenue: 2.6B$
Website: https://www.hbfuller.com/
Description: H.B. Fuller, headquartered in St. Paul, United States, is a leading company in the Paints and Coatings industry. With a history dating back to 1887, H.B. Fuller has established itself as a trusted provider of chemical solutions for various applications in the paints and coatings sector. The company boasts a workforce of approximately 5.3 thousand employees, who contribute to its success by delivering high-quality products and services. H.B. Fuller generates an impressive annual revenue of 2.6 billion dollars, further solidifying its position as a key player in the industry. Through continuous innovation and a commitment to customer satisfaction, H.B. Fuller remains at the forefront of the paints and coatings market.
#13 Axalta
Employees: 14K
Revenue: 4B$
Website: https://www.axalta.com/
Description: Axalta, headquartered in Philadelphia, United States, is a leading company in the Paints And Coatings industry. With a rich history dating back to 1866, Axalta has established itself as a prominent player in the chemical sector. The company employs approximately 14,000 individuals worldwide, demonstrating its global reach and influence. Axalta generates an impressive annual revenue of 4 billion dollars, further solidifying its position as a key player in the industry. Through its innovative products and solutions, Axalta continues to provide high-quality paints and coatings to various sectors, contributing to the advancement and development of the chemical industry.
#12 DuluxGroup
Employees: 10K
Revenue: 4B$
Website: https://www.duluxgroup.com.au
Description: DuluxGroup is a leading company in the Paints and Coatings industry, specializing in the production and distribution of a wide range of paints, coatings, and related products. Headquartered in Melbourne, Australia, the company has a rich history dating back to its founding in 1918. With a workforce of approximately 10,000 employees, DuluxGroup operates globally, serving both residential and commercial markets. The company's portfolio includes renowned brands such as Dulux, Selleys, Cabot's, British Paints, and Berger, offering a comprehensive range of paint solutions for interior and exterior applications. DuluxGroup is committed to innovation and sustainability, continuously developing new products and technologies to meet the evolving needs of customers while minimizing the environmental impact of its operations. With annual revenues reaching 4 billion USD, DuluxGroup maintains a strong market position, delivering high-quality paint and coating solutions to customers worldwide.
#11 Valspar Corporation
Employees: 12K
Revenue: 4B$
Website: https://www.valspar.com
Description: The Valspar Corporation, headquartered in Minneapolis, United States, is a leading player in the Paints and Coatings industry. With a history dating back to 1806, the company has established itself as a prominent provider of innovative coating solutions. Valspar operates primarily in North America and has a global presence with a wide range of products in its portfolio, including architectural coatings, automotive coatings, industrial coatings, and packaging coatings. The company serves various sectors such as construction, automotive, packaging, and industrial markets. With over 12,000 employees, Valspar generates an annual revenue of approximately 4 billion dollars, solidifying its position as a key player in the industry.
#10 Kansai Paint
Employees: 20K
Revenue: 4.5B$
Website: https://www.kansai.co.jp/
Description: Kansai Paint is a leading company in the Paints And Coatings industry, operating primarily in Asia. Headquartered in Osaka, Japan, the company was founded in 1918. With a workforce of approximately 20,000 employees, Kansai Paint is dedicated to providing high-quality paints and coatings for various applications. The company offers a wide range of products, including automotive coatings, industrial coatings, decorative paints, and powder coatings. Kansai Paint's innovative solutions cater to diverse industries such as automotive, construction, marine, and consumer goods. With an annual revenue of 4.5 billion dollars, Kansai Paint continues to expand its presence in the global market, delivering innovative and sustainable coating solutions to its customers.
#9 Axalta Coating Systems
Employees: 14K
Revenue: 4.6B$
Website: https://www.axalta.com/
Description: Axalta Coating Systems is a leading global provider of paints and coatings, operating in the Chemicals industry. Headquartered in Philadelphia, United States, the company was founded in 1866. With a workforce of approximately 14,000 employees, Axalta offers a wide range of innovative coating solutions for various applications. The company's revenue stands at 4.6 billion US dollars. Axalta's paints and coatings are used in diverse industries such as automotive, industrial, architectural, and more. With a rich history and a commitment to delivering high-quality products, Axalta Coating Systems continues to be a key player in the paints and coatings industry.
#8 RPM International
Employees: 14K
Revenue: 5B$
Website: https://www.rpminc.com
Description: RPM International is a global leader in the Paints and Coatings industry, operating in the Chemicals sector. With its headquarters located in Medina, Ohio, United States, RPM International has been in operation since 1947. The company boasts a workforce of approximately 14,000 employees worldwide. RPM International generates an annual revenue of around 5 billion dollars, making it a significant player in the industry. With a focus on providing innovative and high-quality paints and coatings, RPM International has established itself as a trusted name in the market. Through its subsidiaries, the company offers a wide range of products for various applications, including architectural, industrial, and specialty coatings.
#7 Nippon Paint Holdings
Employees: 20K
Revenue: 5B$
Website: https://www.nipponpaint-holdings.com/
Description: Nippon Paint Holdings is a leading company in the Paints And Coatings industry. Headquartered in Tokyo, Japan, the company has a rich history dating back to its founding in 1881. With over 20,000 employees, Nippon Paint Holdings is committed to delivering high-quality paints and coatings for various applications. The company's revenue stands at 5 billion dollars, reflecting its strong presence in the market. Nippon Paint Holdings continues to innovate and develop advanced solutions to meet the diverse needs of its customers in the chemicals industry.
#6 Masco Corporation
Employees: 30K
Revenue: 7B$
Website: https://www.masco.com
Description: Masco Corporation, headquartered in Livonia, United States, is a leading company in the Paints and Coatings industry. Founded in 1929, Masco operates globally and specializes in the manufacturing and distribution of paints, coatings, and related products. With a workforce of approximately 30,000 employees, the company generates an annual revenue of around 7 billion US dollars. Masco's wide range of products includes architectural paints, industrial coatings, automotive finishes, and specialty chemicals. The company's commitment to innovation and sustainable practices has made it a trusted name in the industry, serving both residential and commercial markets. Through its subsidiaries, Masco continues to provide high-quality paint and coating solutions that enhance and protect surfaces across various applications.
#5 AkzoNobel Decorative Paints
Employees: 33K
Revenue: 9.3B$
Website: https://www.akzonobel.com/
Description: AkzoNobel Decorative Paints, based in Amsterdam, Netherlands, is a leading player in the Paints and Coatings industry. With a rich history dating back to 1646, the company has established itself as a trusted provider of high-quality paints and coatings for various applications. AkzoNobel Decorative Paints offers a wide range of products including interior and exterior paints, wood coatings, and specialty coatings. With a workforce of approximately 33,000 employees, the company operates globally, serving customers in over 150 countries. AkzoNobel Decorative Paints has achieved significant success in the industry, generating an impressive revenue of 9.3 billion USD.
#4 Akzo Nobel
Employees: 35K
Revenue: 9.3B$
Website: https://www.akzonobel.com
Description: Akzo Nobel is a leading global company operating in the Paints and Coatings industry. Headquartered in Amsterdam, Netherlands, Akzo Nobel specializes in the development, manufacturing, and distribution of a wide range of paints, coatings, and specialty chemicals. With a history dating back to 1994, the company has established itself as a key player in the industry, offering innovative solutions for various sectors including automotive, aerospace, construction, and consumer goods. Akzo Nobel's extensive product portfolio encompasses brands such as Dulux, Sikkens, and International, catering to diverse customer needs and applications. With a workforce of approximately 35,000 employees worldwide, Akzo Nobel continues to drive growth and deliver sustainable solutions that protect and beautify surfaces across the globe.
#3 PPG Architectural Coatings
Employees: 47K
Revenue: 15B$
Website: https://www.ppg.com
Description: PPG Architectural Coatings is a leading company in the Paints And Coatings industry. With its headquarters in Pittsburgh, United States, the company has a long history, being founded in 1883. PPG Architectural Coatings operates in North America and is known for providing high-quality paints and coatings for various applications. With a workforce of approximately 47,000 employees, the company is committed to delivering innovative solutions that meet customer needs. PPG Architectural Coatings generates an impressive annual revenue of 15 billion dollars, making it a key player in the industry. Through its website, customers can explore the wide range of products and services offered by the company.
#2 PPG Industries
Employees: 49K
Revenue: 15B$
Website: https://www.ppg.com
Description: PPG Industries is a global leader in the Paints And Coatings industry, operating in the Chemicals sector. Headquartered in Pittsburgh, United States, the company was founded in 1883. With a workforce of approximately 49,000 employees, PPG Industries generates an estimated annual revenue of 15 billion dollars. The company specializes in the manufacturing and distribution of paints, coatings, and specialty materials, serving a wide range of industries including automotive, aerospace, construction, and industrial. PPG Industries is known for its innovation, quality products, and commitment to sustainability, offering customers advanced solutions for surface protection and enhancement. Through its global operations, PPG Industries continues to drive growth and deliver value to its stakeholders in the Paints And Coatings industry.
#1 Sherwin-Williams
Employees: 60K
Revenue: 20B$
Website: https://www.sherwin-williams.com/
Description: Sherwin-Williams is a leading company in the Paints And Coatings industry. Headquartered in Cleveland, United States, it has been operating since its founding in 1866. With a workforce of approximately 60,000 employees, the company has established itself as a key player in the industry. Sherwin-Williams generates an impressive annual revenue of 20 billion dollars. The company offers a wide range of paints and coatings solutions that cater to various sectors, including residential, commercial, industrial, and automotive. With a strong focus on innovation and quality, Sherwin-Williams continues to be a trusted brand in the paints and coatings market.
Summary
The analysis of the top companies in the Paints And Coatings sub-industry within the Chemicals sector reveals some interesting findings. The top companies in this sector have achieved remarkable rankings and accomplished significant milestones in the industry. These companies have demonstrated their resilience and adaptability in a competitive market, solidifying their position as leaders in the field.
One unexpected finding is the increasing focus on environmentally friendly and sustainable paints and coatings. Several companies in this sub-industry have made significant strides in developing eco-friendly products that are both effective and safe for the environment. This shift in consumer preferences and regulatory requirements has created new opportunities for these companies to differentiate themselves and gain a competitive edge.
Among the premier companies in the Paints And Coatings sub-industry are industry giants such as PPG Industries, Sherwin-Williams, and Akzo Nobel. These companies have established themselves as leaders through their extensive product portfolios, global presence, and commitment to innovation.
One shared element among these top companies is their focus on research and development. They invest heavily in developing new and improved coatings that meet the evolving needs of various industries. Additionally, these companies prioritize customer satisfaction and provide tailored solutions to meet specific requirements.
What sets these eminent companies apart from their industry rivals is their ability to anticipate market trends and adapt their strategies accordingly. They stay ahead of the curve by embracing technological advancements, leveraging data analytics, and collaborating with partners across the value chain. Moreover, these companies have built strong brands that are associated with quality, reliability, and innovation, earning them a loyal customer base.