Kerry Pianoforte, Editor07.03.19
The 2024 version is ready and live online. Click here to review the latest Top Companies list!
Coatings World is proud to bring the industry our annual Top Companies Report – the only truly global ranking of the top manufacturers of paint and coatings. Our editorial staff has spent many hours researching the industry to provide our readers with the most accurate ranking of paint and coatings manufacturers operating in the global industry.
Rankings are based on annual sales in U.S. dollars. For companies based outside the U.S., sales are translated into U.S. dollars using exchange rates from the company’s fiscal closing date. For privately held companies who choose not to disclose sales figures, our staff interviews different industry sources coupled with our own research to come up with an accurate estimate of annual sales. We profiled 82 companies in this year’s report. All have sales of $100 million or more annually. Companies marked with an asterisk in the ranking on the following page represent Coatings World estimate. Bold companies are those making their first appearance as a Top Company. Two companies have been removed from the list this year: J.W. Ostendorf, which was acquired by Hempel and Whitford, which was acquired by PPG. This year we have added six companies to the list: three from Germany, one from the U.S. and two from China.
The Top Companies Report is intended to provide our readers with a snapshot of the industry’s most influential players. We hope you will come away with a clearer insight into the future of this truly global and always evolving industry. If you are a paint and coatings manufacturer with sales of $100 million or more for fiscal 2018 and would like to be included in our Top Companies Report, contact me and I will add your company to the online version.
First Timers
Bardese
Dold
ICP Group
MIPA
Remmers
Xiangjiang Paint Group
Take-out Companies
J.W. Ostendorf
Whitford
2019 Top 20
01 PPG
02 Sherwin-Williams
03 AkzoNobel
04 Nippon Paint
05 RPM
06 Axalta
07 BASF
08 Kansai Paint
09 Asian Paints
10 Jotun
11 Masco
12 Hempel
13 DAW
14 Berger Paints
15 Benjamin Moore
16 Ace Paint
17 DuluxGroup
18 Kelly-Moore
19 SK Kaken
20 Chugoku
2019 Top Companies
01. PPG (USA) $15.4 billion
02. Sherwin-Williams (USA) $12.1 billion*
03. AkzoNobel (The Netherlands) $10.36 billion
04. Nippon Paint (Japan) $5.6 billion
05. RPM (USA) $5.3 billion
06. Axalta (USA) $4.7 billion
07. BASF (Germany) $4.3 billion
08. Kansai Paint (Japan) $3.9 billion
09. Asian Paints (India) $2.75 billion
10. Jotun (Norway) $2.1 billion
11. Masco (USA) $1.8 billion*
12. Hempel (Denmark) $1.49 billion
13. DAW (Germany) $1.447 billion*
14. Berger Paints (India) $1.080 million
15. Benjamin Moore (USA) $921 million*
16. Ace Paint (USA) $900 million*
17. DuluxGroup (Australia) $899 million
18. Kelly-Moore (USA) $860 million*
19. SK Kaken (Japan) $830 million
20. Chugoku (Japan) $802 million
21. Shawcor (Canada) $700 million*
22. KCC (South Korea) $700 million*
23. Beckers Group (Germany) $670 million
24. Dai Nippon Toryo (Japan) $661 million
25. Tikkurila (Finland) $650 million
26. Shangahia Huayi Fine Chemical (China) $585 million*
27. Brillux (Germany) $558 million*
28. Xiangjiang Paint Group (China) $538 million
29. Nihon Toksuhu (Japan) $536 million*
30. Fujikura Kasei (Japan) $502 million
31. Samhwa (South Korea) $500 million
32. TOA Group (Thailand) $484 million
33. Noroo (South Korea) $482 million
34. Teknos Group (Finland) $457 million
35. Cromology (France) $452 million
36. SKSHU Paint (China) $443 million
37. National Paint Factories (Jordan) $427 million
38. Mankiewicz (Germany) $395 million
39. Musashi Paint (Japan) $375 million*
40. Carpoly (China) $373 million
41. Betek Boya (Turkey) $360 million
42. Origin Electric (Japan) $344 million
43. Ennis Flint (USA) $340 million*
44. Tiger Coatings (Austria) $330 million
44. Bardese Chemical (China) $330 million
46. Pacific Paint Boysen (The Phillipines) $290 million*
47. Cloverdale Paint (Canada) $284 million
48. Karworwag (Germany) $277 million
49. CIN (Portugal) $277 million
50. Flugger Group (Denmark) $272 million
51. Lanco Paints (USA) $270 million
52. Taiho Paint (China) $263 million
53. Meffert (Germany) $254 million*
54. ICP Group (USA) $250 million
55. Daoqum (China) $247 million
56. Yasar (Turkey) $238 million
57. Grebe (Germany) $237 million
58. Pintuco (Colombia) $233 million
59. Bauhinia (China) $232.6 million
60. Remmers (Germany) $226 million
61. Rock Paint (Japan) $222.9 million
62. Kikusui Chemical (Japan) $205 million
63. Tambour (Israel) $200 million*
64. MIPA (Germany) $199 million
65. RAR Holdings (UAE) $198.3 million
66. Kapci Coatings (Egypt) $180 million
67. Frei Lacke (Germany) $171 million*
68. Natoco (Japan) $162 million
69. Dold Gruppe (Germany) $155 million
70. Sniezka (Poland) $153 million
71. Diamond Vogel (USA) $150 million*
72. ICA Group (Italy) $132 million
73. Shinto Paint (Japan) $130 million*
73. Industrias Titan (Spain) $130 million*
75. Kangman Jevesco (South Korea) $129 million
76. Adler-Werk Lackfabrik (Germany) $129 million
77. Asahipen (Japan) $125 million
78. Tnemec (USA) $124 million
79. Kayalar Kimya (Turkey) $123 million*
80. Russian Coatings (Russia) $110 million
81. Tohpe (Japan) $107 million
82. WEG (Brazil) $100 million*
Coatings World is proud to bring the industry our annual Top Companies Report – the only truly global ranking of the top manufacturers of paint and coatings. Our editorial staff has spent many hours researching the industry to provide our readers with the most accurate ranking of paint and coatings manufacturers operating in the global industry.
Rankings are based on annual sales in U.S. dollars. For companies based outside the U.S., sales are translated into U.S. dollars using exchange rates from the company’s fiscal closing date. For privately held companies who choose not to disclose sales figures, our staff interviews different industry sources coupled with our own research to come up with an accurate estimate of annual sales. We profiled 82 companies in this year’s report. All have sales of $100 million or more annually. Companies marked with an asterisk in the ranking on the following page represent Coatings World estimate. Bold companies are those making their first appearance as a Top Company. Two companies have been removed from the list this year: J.W. Ostendorf, which was acquired by Hempel and Whitford, which was acquired by PPG. This year we have added six companies to the list: three from Germany, one from the U.S. and two from China.
The Top Companies Report is intended to provide our readers with a snapshot of the industry’s most influential players. We hope you will come away with a clearer insight into the future of this truly global and always evolving industry. If you are a paint and coatings manufacturer with sales of $100 million or more for fiscal 2018 and would like to be included in our Top Companies Report, contact me and I will add your company to the online version.
First Timers
Bardese
Dold
ICP Group
MIPA
Remmers
Xiangjiang Paint Group
Take-out Companies
J.W. Ostendorf
Whitford
2019 Top 20
01 PPG
02 Sherwin-Williams
03 AkzoNobel
04 Nippon Paint
05 RPM
06 Axalta
07 BASF
08 Kansai Paint
09 Asian Paints
10 Jotun
11 Masco
12 Hempel
13 DAW
14 Berger Paints
15 Benjamin Moore
16 Ace Paint
17 DuluxGroup
18 Kelly-Moore
19 SK Kaken
20 Chugoku
2019 Top Companies
01. PPG (USA) $15.4 billion
02. Sherwin-Williams (USA) $12.1 billion*
03. AkzoNobel (The Netherlands) $10.36 billion
04. Nippon Paint (Japan) $5.6 billion
05. RPM (USA) $5.3 billion
06. Axalta (USA) $4.7 billion
07. BASF (Germany) $4.3 billion
08. Kansai Paint (Japan) $3.9 billion
09. Asian Paints (India) $2.75 billion
10. Jotun (Norway) $2.1 billion
11. Masco (USA) $1.8 billion*
12. Hempel (Denmark) $1.49 billion
13. DAW (Germany) $1.447 billion*
14. Berger Paints (India) $1.080 million
15. Benjamin Moore (USA) $921 million*
16. Ace Paint (USA) $900 million*
17. DuluxGroup (Australia) $899 million
18. Kelly-Moore (USA) $860 million*
19. SK Kaken (Japan) $830 million
20. Chugoku (Japan) $802 million
21. Shawcor (Canada) $700 million*
22. KCC (South Korea) $700 million*
23. Beckers Group (Germany) $670 million
24. Dai Nippon Toryo (Japan) $661 million
25. Tikkurila (Finland) $650 million
26. Shangahia Huayi Fine Chemical (China) $585 million*
27. Brillux (Germany) $558 million*
28. Xiangjiang Paint Group (China) $538 million
29. Nihon Toksuhu (Japan) $536 million*
30. Fujikura Kasei (Japan) $502 million
31. Samhwa (South Korea) $500 million
32. TOA Group (Thailand) $484 million
33. Noroo (South Korea) $482 million
34. Teknos Group (Finland) $457 million
35. Cromology (France) $452 million
36. SKSHU Paint (China) $443 million
37. National Paint Factories (Jordan) $427 million
38. Mankiewicz (Germany) $395 million
39. Musashi Paint (Japan) $375 million*
40. Carpoly (China) $373 million
41. Betek Boya (Turkey) $360 million
42. Origin Electric (Japan) $344 million
43. Ennis Flint (USA) $340 million*
44. Tiger Coatings (Austria) $330 million
44. Bardese Chemical (China) $330 million
46. Pacific Paint Boysen (The Phillipines) $290 million*
47. Cloverdale Paint (Canada) $284 million
48. Karworwag (Germany) $277 million
49. CIN (Portugal) $277 million
50. Flugger Group (Denmark) $272 million
51. Lanco Paints (USA) $270 million
52. Taiho Paint (China) $263 million
53. Meffert (Germany) $254 million*
54. ICP Group (USA) $250 million
55. Daoqum (China) $247 million
56. Yasar (Turkey) $238 million
57. Grebe (Germany) $237 million
58. Pintuco (Colombia) $233 million
59. Bauhinia (China) $232.6 million
60. Remmers (Germany) $226 million
61. Rock Paint (Japan) $222.9 million
62. Kikusui Chemical (Japan) $205 million
63. Tambour (Israel) $200 million*
64. MIPA (Germany) $199 million
65. RAR Holdings (UAE) $198.3 million
66. Kapci Coatings (Egypt) $180 million
67. Frei Lacke (Germany) $171 million*
68. Natoco (Japan) $162 million
69. Dold Gruppe (Germany) $155 million
70. Sniezka (Poland) $153 million
71. Diamond Vogel (USA) $150 million*
72. ICA Group (Italy) $132 million
73. Shinto Paint (Japan) $130 million*
73. Industrias Titan (Spain) $130 million*
75. Kangman Jevesco (South Korea) $129 million
76. Adler-Werk Lackfabrik (Germany) $129 million
77. Asahipen (Japan) $125 million
78. Tnemec (USA) $124 million
79. Kayalar Kimya (Turkey) $123 million*
80. Russian Coatings (Russia) $110 million
81. Tohpe (Japan) $107 million
82. WEG (Brazil) $100 million*
