It’s time again for PCI’s annual ranking of the top 10 global and top 25 North American paint and coatings manufacturers. The ranking is based on 2019 coatings sales. Sales of other non-coating products are not included. 2019 was a mixed bag in terms of overall coatings sales. About half of the companies ranked in the Global Top 10 reported an increase in sales, with the other half seeing a decrease. In the Top 25 North American ranking of coatings manufacturers, companies reported either an increase in sales or sales similar to last year. You can read more about this in my Viewpoint. If you have any questions, or feel your company should be included in this ranking, please contact me at parkerpcimag@gmail.com.

 

 

The Global Top 10

Following is a ranking of the top 10 global coatings manufacturers in 2019. Rankings are based on 2019 coatings sales. Sales of other, non-coating products are not included.

 

1. PPG

Coatings Sales (Net): $15.1 billion

 

2. The Sherwin-Williams Co.

Coatings Sales: Approx. $14.32 billion

 

3. AkzoNobel

Coatings Sales: $10.4 billion (€9.28 billion)

 

4. Nippon Paint Holdings Co.

Coatings Sales: Approx. $5.96 billion

 

5. RPM International Inc.

Coatings Sales: $5.6 billion for fiscal year ended May 31, 2019

 

6. Axalta Coating Systems

Coatings Sales: $4.5 billion

 

7. BASF Coatings

Coatings Sales: Approx. $4.2 billion (€3.746 billion)

 

8. Kansai Paint Co. Ltd.

Coatings Sales: Approx. $3.78 billion for fiscal year ended March 31, 2020

 

9. Asian Paints Ltd.

Coatings Sales: Approx. $2.45 billion for sales ended Dec. 31, 2019

 

10. Jotun

Coatings Sales: Approx. $2.23 billion

 

 

The PCI 25

 

Following is a ranking of the top 25 North American coatings manufacturers in 2019. Rankings are based on 2019 coatings sales. Sales of other, non-coating products are not included.

 

1. PPG

Coatings Sales (Net): $15.1 billion

 

2. The Sherwin-Williams Co.

Coatings Sales: Approx. $14.32 billion

 

3. RPM International Inc.

Coatings Sales: $5.6 billion for fiscal year ended May 31, 2019

 

4. Axalta Coating Systems

Coatings Sales: $4.5 billion

 

5. Behr Process Corp.

Coatings Sales: Approx. $2.08 billion

 

6. Benjamin Moore & Co.

Coatings Sales: $828 million (as estimated on Dun & Bradstreet website)

 

7. Ennis-Flint, Inc.

Coatings Sales: Approx. $640 million

 

8. Shawcor Ltd.

Coatings Sales: U.S. $510 million

 

9. Kelly-Moore Paint Co., Inc.

Coatings Sales: Approx. $325 million

 

10/11. Innovative Chemical Products (ICP) Group

Coatings Sales: $300 million

 

10/11. Lanco Paints & Coatings (Blanco Group)

Coatings Sales: $300 million

 

12. Cloverdale Paint Inc.

Coatings Sales: $280.4 million (combined)

 

13. Diamond Vogel Paint Inc.

Coatings Sales: $180 million

 

14. Yenkin-Majestic Paint Corp.

Coatings Sales: $150 million

 

15. Tnemec Company Inc.

Coating Sales: $129 million

 

16. True Value Company

Coatings Sales: Approx. $115 million

 

17. Hentzen Coatings Inc.

Coatings Sales: $110-$120 million

 

18. ELANTAS PDG, Inc.

Coatings Sales: $110 million

 

19. Suncoatings Inc.

Coatings Sales: $80 million

 

20. IFS Coatings Inc.

Coatings Sales: $75-$100 million

 

21. Gemini Industries

Coatings Sales: $60 million

 

22. Sheboygan Paint Co.

Coatings Sales: $50 million

 

23. Farrell-Calhoun Inc.

Coatings Sales: $40.3 million

 

24. APV Engineered Coatings

Coatings Sales: $32.7 million

 

25. H-I-S Paint Manufacturing

Coatings Sales: $24 million

 

Honorable Mentions

 

Richard’s Paint Mfg. Co. Inc.

Coatings Sales: $22 million

 

Fortech Products Inc.

Coatings Sales: $19.5 million

 

New Nautical Coatings, Inc/DBA Seahawk Paints

Coatings Sales: $18 million

 

NAPCO Ltd.

Coatings Sales: $10-15 million