www.pcimag.com/articles/107559-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 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
