Painting & Coating Industry (PCI) logo Powder coating summit logo
  • Sign In
  • Create Account
  • Sign Out
  • My Account
  • NEWS
  • PRODUCTS
  • MATERIALS
  • TECHNOLOGIES
  • FINISHING
  • RESOURCES
  • EVENTS
  • DIRECTORIES
  • EMAGAZINE
  • CONTACT
cart
facebook twitter linkedin youtube
  • NEWS
  • Latest News
  • Market Trends & Reports
  • Price Alerts
  • Subscribe to eNewsletters
  • Global Top 10/ PCI 25
  • Weekly Featured Article
  • COATLE Word Game
  • PRODUCTS
  • Product News
  • Must See Products and Services
  • MATERIALS
  • Additives
  • Resins/Polymers
  • Pigments
  • Equipment
  • Distributors
  • TECHNOLOGIES
  • Adhesives
  • Architectural Coatings
  • Industrial Coatings
  • Nanotechnology
  • Powder Coatings
  • Solventborne
  • Special Purpose Coatings
  • Sustainability
  • UV Coatings
  • Waterborne
  • Waterborne
  • FINISHING
  • Finishing News
  • Finishing Technologies
  • Finishing Equipment
  • RESOURCES
  • Columns
  • Blogs
  • Coatings Supplier Handbook
  • Podcasts and Videos
  • PCI Store
  • eBooks
  • Sponsor Insights
  • White Papers
  • COATLE Word Game
  • Columns
  • Ask Joe Powder
  • Did you know?
  • Distribution Dive
  • Focus on Canada
  • Formulating With Mike
  • Innovation Insights
  • Moody's Coatings Conundrums
  • Powder Coating Perspectives
  • Target the Market
  • TiO2 Insider
  • Blogs
  • Editor's Viewpoint
  • Industry Insights
  • Podcasts and Videos
  • COAT-IT! Podcast
  • Videos/PCI TV
  • EVENTS
  • Coatings Trends & Technologies Summit
  • Paint and Coatings Academy
  • Webinars
  • Calendar of Events
  • Lifetime Achievement Award
  • DIRECTORIES
  • Buyer's Guide
  • Equipment Directory
  • Materials Directory
  • EMAGAZINE
  • Current Issue
  • eMagazine Archive
  • China Issue Archive
  • Editorial Advisory Board
  • CONTACT
  • Contact Us
  • Advertise
  • Subscribe to eMagazine
  • Subscribe to eNewsletters
Painting & Coating Industry (PCI) logo Powder coating summit logo
search
cart
facebook twitter linkedin youtube
  • Sign In
  • Create Account
  • Sign Out
  • My Account
Painting & Coating Industry (PCI) logo Powder coating summit logo
  • NEWS
    • Latest News
    • Market Trends & Reports
    • Price Alerts
    • Subscribe to eNewsletters
    • Global Top 10/ PCI 25
    • Weekly Featured Article
    • COATLE Word Game
  • PRODUCTS
    • Product News
    • Must See Products and Services
  • MATERIALS
    • Additives
    • Resins/Polymers
    • Pigments
    • Equipment
    • Distributors
  • TECHNOLOGIES
    • Adhesives
    • Architectural Coatings
    • Industrial Coatings
    • Nanotechnology
    • Powder Coatings
    • Solventborne
    • Special Purpose Coatings
    • Sustainability
    • UV Coatings
    • Waterborne
    • FINISHING
      • Finishing News
      • Finishing Technologies
      • Finishing Equipment
    • RESOURCES
      • Columns
        • Ask Joe Powder
        • Did you know?
        • Distribution Dive
        • Focus on Canada
        • Formulating With Mike
        • Innovation Insights
        • Moody's Coatings Conundrums
        • Powder Coating Perspectives
        • Target the Market
        • TiO2 Insider
      • Blogs
        • Editor's Viewpoint
        • Industry Insights
      • Coatings Supplier Handbook
      • Podcasts and Videos
        • COAT-IT! Podcast
        • Videos/PCI TV
      • PCI Store
      • eBooks
      • Sponsor Insights
      • White Papers
      • COATLE Word Game
    • EVENTS
      • Coatings Trends & Technologies Summit
      • Paint and Coatings Academy
      • Webinars
      • Calendar of Events
      • Lifetime Achievement Award
    • DIRECTORIES
      • Buyer's Guide
      • Equipment Directory
      • Materials Directory
    • EMAGAZINE
      • Current Issue
      • eMagazine Archive
      • China Issue Archive
      • Editorial Advisory Board
    • CONTACT
      • Contact Us
      • Advertise
      • Subscribe to eMagazine
      • Subscribe to eNewsletters

    Seeing Beyond the Numbers

    By Karen Parker
    July 6, 2016

    This issue of PCI features our annual ranking of the top 10 global and top 25 North American coatings manufacturers. The biggest news in the industry is the March announcement of an agreement wherein Sherwin-Williams will buy Valspar in a deal valued at more than $9 billion. The acquisition will give Sherwin-Williams broader access to the DIY market, expand its global scope, and add new capabilities in the packaging and coil segments. Last year, we watched as PPG moved from the second-largest coatings company in the world to the largest, due in large part to acquisitions. With this latest deal, Sherwin-Williams joins the battle for the top spot.

    The strength of the dollar was a major theme found in financial reports of the top companies. While a strong U.S. dollar makes buying foreign goods more affordable, it has a negative impact on earnings for companies that have substantial foreign operations. These companies see lower net profits when translating earnings in foreign currencies back to U.S. dollars.

    The impact of currency exchange is seen in the case of AkzoNobel’s numbers. The PCIlisting ranks companies in U.S. dollars. AkzoNobel’s coatings sales for 2015 were up half a billion euros from 2014 (?10 billion in 2015 vs. ?9.5 billion in 2014). When translated into U.S. dollars, the company’s earnings fall by half a billion ($11 billion in 2015 vs. $11.5 billion in 2014).

    Many non-U.S. earnings are reinvested as non-U.S. currency, making the currency rate less of a consideration. It might be more productive to look at demand trends in the industry as an indicator of where we are heading. According to a newly released report by industry research firm The Freedonia Group, global demand for coatings is projected to rise 3.7% per year, reaching 57.7 million metric tons in 2020, with economic growth in the Asia-Pacific region as a main driver.

    Coatings demand is impacted as personal incomes rise in emerging economies and major economies shift focus, such as the Chinese shift from infrastructure spending to consumer spending, and a shift in the West for more sustainable technologies. As we consider where the industry is headed, these are the trends we should look at.

    Our Global Top 10 and PCI 25 ranking can be found on page 22 of this issue. Please contact me at parkerpcimag@gmail.com if your company has been inadvertently omitted.

    KEYWORDS: Paint and Coating Manufacturers

    Share This Story

    Parker200

    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.

    You must login or register in order to post a comment.

    Report Abusive Comment

    Blog Topics

    Editor's Viewpoint

    Journey to Sustainability

    Industry Insights

    Recent Comments

    Broken Planet Stargazing Hoodie

    Can we apply form the out of USA...

    Education for Kids

    The team at window film brooklyn is...

    Strategic maintenance

    Subscribe For Free!
    • eMagazine
    • eNewsletter
    • Online Registration
    • Subscription Customer Service

    The Coatings Minute: Why Industry News Matters More Than Ever

    The Coatings Minute: Why Industry News Matters More Than Ever

    The Coatings Minute: Upcoming PCI Academy Events

    The Coatings Minute: Upcoming PCI Academy Events

    The Coatings Minute: Print Returns with PCI’s New Showcase Issue

    The Coatings Minute: Print Returns with PCI’s New Showcase Issue

    The Coatings Minute: Explore the 2024 PCI/ASI CASE eBook

    The Coatings Minute: Explore the 2024 PCI/ASI CASE eBook

    More Videos

    Sponsored Content

    Sponsored Content is a special paid section where industry companies provide high quality, objective, non-commercial content around topics of interest to the PCI audience. All Sponsored Content is supplied by the advertising company and any opinions expressed in this article are those of the author and not necessarily reflect the views of PCI or its parent company, BNP Media. Interested in participating in our Sponsored Content section? Contact your local rep!

    close
    • paint sprayer in a workshop
      Sponsored byallnex

      Enabling Performance and Compliance: allnex Introduces a New Line of VOC Exempt Solvent-Borne Resins

    • various shades of orange pigments and colorants
      Sponsored byVibrantz Technologies

      Solid Colorant Technology Paves the Way for a Sustainable, High-Performance Future in Coatings

    Popular Stories

    Default Aerospace Image

    PPG Plans Major Aerospace Facility

    Names-467607423.jpg

    Two PPG Scientists Earn Rare Honor

    A collage of products using non-PFAS

    A Surge in Non-PFAS Releases



    PCI Buyers Guide

    Submit a Request for Proposal (RFP) to suppliers of your choice with details on what you need with a click of a button

    Start your RFP

    Browse our Buyers Guide for manufacturers and distributors of all types of coatings products and much more!

    Find Suppliers

    Events

    January 1, 2030

    Webinar Sponsorship Information

    For webinar sponsorship information, visit www.bnpevents.com/webinars or email webinars@bnpmedia.com.

    View All Submit An Event

    Poll

    Longest-running laboratory experiment

    What is the longest-running laboratory experiment?
    View Results Poll Archive

    Products

    Automotive Paints and Coatings, 2nd Edition

    Automotive Paints and Coatings, 2nd Edition

    Now in its second edition and still the only book of its kind, this is an authoritative treatment of all stages of the coating process.

    See More Products
    pci  webinar april 2025

    PCI CASE EBOOK
    ×

    Keep the info flowing with our eNewsletters!

    Get the latest industry updates tailored your way.

    JOIN TODAY!
    • RESOURCES
      • Advertise
      • Contact Us
      • Directories
      • Store
      • Want More
    • SIGN UP TODAY
      • Create Account
      • eMagazine
      • eNewsletters
      • Customer Service
      • Manage Preferences
    • SERVICES
      • Marketing Services
      • Reprints
      • Market Research
      • List Rental
      • Survey & Sample
    • STAY CONNECTED
      • LinkedIn
      • Facebook
      • Youtube
      • X (Twitter)
    • PRIVACY
      • PRIVACY POLICY
      • TERMS & CONDITIONS
      • DO NOT SELL MY PERSONAL INFORMATION
      • PRIVACY REQUEST
      • ACCESSIBILITY

    Copyright ©2025. All Rights Reserved BNP Media.

    Design, CMS, Hosting & Web Development :: ePublishing