www.pcimag.com/articles/111564-2023-pci-25-top-paint-and-coatings-companies
2023 PCI 25: Top Paint and Coatings Companies
July 11, 2023
The following is PCI’s annual ranking of the top 25 North American paint and coatings manufacturers. The ranking is based on 2022 coatings sales. Sales of noncoating products are not included. Read this issue's Editor’s Viewpoint for insights on the coatings market and trends throughout 2022. If you have any questions, or feel your company should be included in this ranking, please contact Courtney Bassett at bassettc@bnpmedia.com.
The PCI 25
Following is a ranking of the top 25 North American coatings manufacturers in 2023. Rankings are based on 2022 coatings sales. Sales of other, non-coating products are not included.
1. The Sherwin-Williams Co.
Coatings Sales: Approx. $17.72 billion
2. PPG Industries
Coatings Sales: $17.652 billion
3. RPM International Inc.
Coatings Sales: $6.7 billion for fiscal year ended May 31, 2022
4. Axalta Coating Systems
Coatings Sales: Approx. $4.9 billion
5. Behr Paint Co.
Coatings Sales: Approx. $2.78 billion
6. Benjamin Moore & Co.
Coatings Sales: $990 million (as estimated by Dun & Bradstreet)
7. Innovative Chemical Products (ICP) Group
Coatings Sales: $894 million
8. Shawcor Ltd.
Coatings Sales: Approx. $592 million USD
9. Lanco Paints & Coatings (Blanco Group)
Coatings Sales: $400 million
10. Cloverdale Paint Inc
Coatings Sales: $374.7 million
11. Kelly-Moore Paint Co., Inc.
Coatings Sales: Approx. $342 million (PCI estimate)
12. Diamond Vogel
Coatings Sales: $225 million
13. True Value Company
Coatings Sales: $160 million
14. Hentzen Coatings Inc.
Coatings Sales: $145-$150 million
15. Tnemec Company, Inc.
Coating Sales: $129.58 million
16. IFS Coatings Inc.
Coatings Sales: $110-130 million
17. Gemini Coatings Inc.
Coatings Sales: Over $100 million
18. Farrell-Calhoun Inc.
Coatings Sales: $71.39 million
19. Sheboygan Paint Co.
Coatings Sales: $60 million
20. APV Engineered Coatings
Coatings Sales: $39.1 million
21. H-I-S Paint Manufacturing
Coatings Sales: $38-40 million
22. Richard’s Paint Mfg. Co. Inc.
Coatings Sales: $30.59 million
23. Fortech Products Inc.
Coatings Sales: $22 million
24. NAPCO Ltd.
Coatings Sales: $10-15 million
25. Induron Coatings, Inc.
Coatings Sales: Below $10-15 million
