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    Paint and Coating Market ReportsGlobal Top 10 and PCI 25

    2021 PCI 25: Top Paint and Coatings Companies

    Annual Ranking of Top Paint and Coatings Companies

    By Karen Parker
    pci 25
    July 16, 2021

    Following is a ranking of the top 25 North American coatings manufacturers in 2020. The ranking is based on 2020 coatings sales. Sales of other non-coating products are not included. Because of acquisitions, three companies on the list last year are not included this year. Most notably, Ennis-Flint, which was ranked #7 in last year's list, was removed due to its sale to PPG at the end of 2020. Also removed from the ranking are Sun Coatings Inc. (purchased by Innovative Chemical Products Group in January) and New Nautical Coatings Inc. (purchased by AkzoNobel at the end of 2020). Sales numbers for the top 25 remained relatively stable during 2020. Of the 27 companies on the list, eight companies reported increased sales, seven reported a decrease in sales, and the remainder reported sales similar to 2019. Read more about changes in the industry during 2020 in my Guest Viewpoint. If you have any questions, or feel your company should be included in this ranking, please contact me at parkerpcimag@gmail.com.

     

    The PCI 25

     

    Following is a ranking of the top 25 North American coatings manufacturers in 2020. Rankings are based on 2020 coatings sales. Sales of other, non-coating products are not included.

     

    1. The Sherwin-Williams Co.

    Coatings Sales: Approx. $14.69 billion

    View Details

     

    2. PPG

    Coatings Sales (Net): $13.8 billion

    View Details

     

    3. RPM International Inc.

    Coatings Sales: $5.5 billion for fiscal year ended May 31, 2020

    View Details

     

    4. Axalta Coating Systems

    Coatings Sales: $3.7 billion

    View Details

     

    5. Behr Paint Co.

    Coatings Sales: Approx. $2.37 billion

    View Details

     

    6. Innovative Chemical Products (ICP) Group

    Coatings Sales: $700 million

    View Details

     

    7. Benjamin Moore & Co.

    Coatings Sales: $692.3 million (as estimated on Dun & Bradstreet website)

    View Details

     

    8. Shawcor Ltd.

    Coatings Sales: Approx. $426 million

    View Details

     

    9. Kelly-Moore Paint Co., Inc.

    Coatings Sales: Approx. $325 million

    View Details

     

    10. Lanco Paints & Coatings (Blanco Group)

    Coatings Sales: $300 million

    View Details

     

    11. Cloverdale Paint Inc.

    Coatings Sales: Approx. $274 million (combined)

    View Details

     

    12. Diamond Vogel

    Coatings Sales: $175 million

    View Details

     

    13. Yenkin-Majestic Paint Corp.

    Coatings Sales: $150 million

    View Details

     

    14. Tnemec Company, Inc.

    Coatings Sales: $134.7 million

    View Details

     

    15. True Value Company

    Coating Sales: Corporate sales $1.5 billion; Paints/coatings approximately $125 million

    View Details

     

    16. Hentzen Coatings Inc.

    Coatings Sales: $110-$120 million

    View Details

     

    17. ELANTAS PDG, Inc.

    Coatings Sales: $110 million

    View Details

     

    18. IFS Coatings Inc.

    Coatings Sales: $75-$100 million

    View Details

     

    19. Gemini Industries

    Coatings Sales: Approx. $60 million

    View Details

     

    20. Sheboygan Paint Co.

    Coatings Sales: $50 million

    View Details

     

    21. Farrell-Calhoun Inc.

    Coatings Sales: $44.67 million

    View Details

     

    22. APV Engineered Coatings

    Coatings Sales: $29.6 million

    View Details

     

    23. Richard’s Paint Mfg. Co. Inc.

    Coatings Sales: $24 million

    View Details

     

    24. H-I-S Paint Manufacturing

    Coatings Sales: $22 million

    View Details

     

    25. Fortech Products Inc.

    Coatings Sales: $19.9 million

    View Details

     

    Honorable Mentions

     

    NAPCO Ltd.

    Coatings Sales: $10-15 million

    View Details

     

    Induron Coatings, Inc.

    Coatings Sales: Unavailable

    View Details
    KEYWORDS: financial reports Paint and Coating Manufacturers sales

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    Karen has been PCI’s Associate Editor since 2007. She is responsible for PCI’s weekly e-newsletter, as well as all of the departments in the magazine and the annual Global Top 10 and PCI 25.

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