www.pcimag.com/articles/106180-global-top-10-and-pci-25-top-paint-and-coatings-companies
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 2018 coatings sales. Sales of other non-coating products are not included. In 2018, many of the companies in this article reported increased sales, a good sign for the industry. In terms of acquisitions, 2018 was a relatively calm year, with just a few companies announcing activity. If you have any questions, or feel your company should be included in this ranking, please contact Karen at parkerpcimag@gmail.com.
The Global Top 10
Following is a ranking of the top 10 global coatings manufacturers in 2018. Rankings are based on 2018 coatings sales. Sales of other, non-coating products are not included.
1. PPG
Coatings Sales (Net): $15.4 billion
2. The Sherwin-Williams Co.
Coatings Sales: Approx. $14.03 billion
3. AkzoNobel
Coatings Sales: $10.6 billion (€9.26 billion)
4. Nippon Paint Holdings Co.
Coatings Sales: Approx. $5.5 billion
5. RPM International Inc.
Coatings Sales: $5.3 billion for fiscal year ended May 31, 2018
6. Axalta Coating Systems
Coatings Sales: $4.7 billion
7. BASF Coatings
Coatings Sales: Approx. $4.4 billion (€3.856 billion)
8. Kansai Paint Co. Ltd.
Coatings Sales: Approx. $3.9 billion for fiscal year ended March 31, 2019
9. Asian Paints Ltd.
Coatings Sales: Approx. $2.4 billion for sales ended March 31, 2019
10. Jotun
Coatings Sales: Approx. $2.04 billion
The PCI 25
Following is a ranking of the top 25 North American coatings manufacturers in 2018. Rankings are based on 2018 coatings sales. Sales of other, non-coating products are not included.
1. PPG
Coatings Sales (Net): $15.4 billion
2. The Sherwin-Williams Co.
Coatings Sales: $14.03 billion
3. RPM International Inc.
Coatings Sales: $5.3 billion for fiscal year ended May 31, 2018.
4. Axalta Coating Systems
Coatings Sales: $4.7 billion
5. Behr Process Corp.
Coatings Sales: Approx. $2.01 billion
6. Benjamin Moore & Co.
Coatings Sales: $847 million (as estimated by D&B Hoovers)
7. Ennis-Flint, Inc.
Coatings Sales: Approx. $625 million
8. Shawcor Ltd.
Coatings Sales: Approx. $451 million
9. Kelly-Moore Paint Co., Inc.
Coatings Sales: Approx. $300 million
10. Cloverdale Paint Inc. | Rodda Paint Co.
Coatings Sales: $284 million (combined)
11. Innovative Chemical Products (ICP) Group
Coatings Sales: $250 million
12. Diamond Vogel Paint Inc.
Coatings Sales: $180 million
13. Yenkin-Majestic Paint Corp.
Coatings Sales: $150 million
14. Tnemec Company Inc.
Coating Sales: $129 million
15. ELANTAS PDG Inc.
Coatings Sales: $115 million
16. Hentzen Coatings Inc.
Coatings Sales: $110-$120 million
17. True Value Company
Coatings Sales: Approx. $100 million
18. Vista Paints
Coatings Sales: $90-$110 million
19. Suncoatings Inc.
Coatings Sales: $70 million
20. Gemini Industries
Coatings Sales: $60 million
21. Sheboygan Paint Co.
Coatings Sales: $50 million
22. Farrell-Calhoun Inc.
Coatings Sales: $39.3 million
23. APV Engineered Coatings
Coatings Sales: $31 million
24. H-I-S Paint Manufacturing
Coatings Sales: $24 million
25. Lanco Paints & Coatings
Coatings Sales: $23 million
Honorable Mentions
Fortech Products Inc.
Coatings Sales: $19.5 million
NAPCO Ltd.
Coatings Sales: $10-15 million
Induron Coatings, Inc.
Coatings Sales: Unavailable
