The Big Get Bigger in a Year of Ups and Downs
Welcome to Coatings World's 2001 Top Companies Report, our annual profile of the leading paint, coatings, adhesives and sealants companies in the world. This year's report profiles 52 coatings companies with annual sales of more than $100 million, plus a handful of firms to keep an eye on as they grow their operations in this competitive market.
As a number of you can attest, 2000 was an up-and-down year for many of the firms listed here. Some companies reported declining sales, others saw their sales rise. A main trend, of course, is that the big keep getting bigger-14 companies topped the billion dollar mark in this year's report. Furthermore, consolidation that spread like wildfire through the industry has-for the time being-slowed as more companies look to identify core businesses and sound strategies.
Our ranking is based on annual sales of paint, coatings, adhesives and sealants. For companies based outside the U.S., sales are translated into U.S. dollars using the company's year-end closing date.
Christine Canning Esposito
1 Akzo Nobel Coatings (Netherlands) $5.15 billion
26 Orica Consumer Products (Australia) $348 million
Ace 51, Akzo Nobel 1, Ameron 40, Asian Paints 34, Barloworld 36, BASF 7, Becker 22, Benjamin Moore 16, BonaKemi*, Chugoku 37, CIN 47, Corimon*, Dai Nippon Toryo 17, Dainippon Ink & Chemicals 25, DPI 43, Dunn-Edwards 35, Dupont 5, Duron 29, Dyrup 38, Ferro 15, H.B. Fuller 13, Hempel 23, Henkel 6, ICI 3, Jotun 20, Kansai 12, Kumgang Korea Chemical (KCC) 24, Kelly-Moore 33, Lord 48, M.A.B. Paints 41, Masco 19, Nippon Paint 9, Orica 26, PACHIN*, PPG 2, Professional Paint 27, Red Spot*, Renner Herrmann 28, Rock Paint 39, Rohm and Haas 14, RPM 8, Sherwin-Williams 4, Shinto Paint 42, Sico 46, SigmaKalon 10, Sika Finanz 21, Tambour 50, 3M 18, Tigerwerk 52, Tikkurila 31, Tnemec*, Tohpe 44, True Value Manufacturing 45, Valspar 11, Vogel Paint 49, Wattyl 32, Yasar 30. *Company to Watch