• Login
    • Join
  • FOLLOW:
  • Subscribe Free
    • Magazine
    • eNewsletter
    Checkout
    • Magazine
    • News
    • Research
    • Markets & Technologies
    • Raw Materials
    • Top Companies
    • Directories
    • Jobs
    • Events
    • Microsites
    • More
  • Magazine
  • News
  • Research
  • Markets & Technologies
  • Raw Materials
  • Top Companies
  • Directories
  • Jobs
  • Events
  • Microsites
  • Current / Back Issues
    Features
    Business Corner
    Editorial
    Digital Edition
    eNewsletter Archive
    Our Team
    Editorial Guidelines
    Subscribe Now
    Advertise Now
    World Reports
    eBook
    Top Features
    Mixing Equipment Directory

    The Wood Coatings Market

    Antimicrobial Coatings Market

    Additives Update

    Pigment Supplier Directory
    Breaking News
    Online Exclusives
    Distributor News
    Financial News
    Paint & Coatings Manufacturer News
    People In the News
    Price Increases
    Product News
    Video Bites
    Raw Materials & Equipment
    Suppliers News
    Live From Shows
    Top News
    Nippon Paint Marine Wins Korea Export Award

    Universal Display Corporation, PPG Expand Global Production of UniversalPHOLED Materials

    PPG Introduces Premium Iso-free Primer Surfacer, Catalyst

    ECOS Paints Launches Lisa Tharp Colors

    OQ Chemicals Increases Carboxylic Acids, Esters Prices
    Top Companies report
    Market Research
    White Papers / Tech Papers
    Technical Papers
    Product Spec Sheets
    World Reports
    Adhesives and Sealants
    Aerospace Coatings
    Architectural Coatings
    Automotive Coatings
    Automotive Refinish
    Business Operation
    Color Trends & Forecast
    Construction Chemicals
    Corrosion Control
    Industrial Coatings
    Laboratory Equipment
    Marine Coatings
    Market Trends & Forecast
    Powder Coatings
    Production Equipment
    Radcure Coatings
    Special Purpose Coatings
    Wood Coatings
    "Green" Coatings

    Nippon Paint Marine Wins Korea Export Award

    ECOS Paints Launches Lisa Tharp Colors

    BYK-Gardner Launches VMA-Getzmann TORUSMILL

    Sensory Analytics Announces Issuance of Broad New Patent Covering Coating Thickness Measurement

    Union Process Develops Attritor for Inks, Coatings Supplier
    Additives
    Binders
    Pigments
    Solvents

    OQ Chemicals Increases Carboxylic Acids, Esters Prices

    Arkema Reports Full-year 2020 Results

    New Increase in Kynar Fluoropolymer Capacities at Arkema's Chinese Site

    Emerald Kalama Chemical Acquired by LANXESS

    Raw Material Suppliers, Distributors Part of Recent M&A Activity
    Buyers Guide
    Company Capabilities
    Distributor Guide
    Add New Company
    International Buyers Guide Companies
    Active Minerals

    Eagle Specialty Products

    Clariant Additives

    Siltech Corporation

    Pilot Chemical Company
    Industry Events
    Webinars
    Live From Show Event
    Top Events
    Surface Finishing Mexico 2021

    Cleveland Coatings Society Zoom Meeting

    Cleveland Coatings Society Zoom Meeting

    PCI Powder Coating Week

    Southern Society for Coatings Technology Annual Meeting and Technical Conference
    Companies
    White Papers/Tech Papers
    Product Spec Sheets
    Equipment
    Literature/Brochures
    Videos
    International Buyers Guide Companies
    Active Minerals

    Eagle Specialty Products

    Shepherd Color Company, The

    Clariant Additives

    Siltech Corporation
    • Magazine
      • Current / Back Issues
      • Features
      • Editorial
      • Business Corner
      • Digital Edition
      • eNewsletter Archive
      • Editorial Guidelines
      • Subscribe Now
      • Advertise Now
    • Breaking News
    • Directories
      • Buyers Guide
      • Distributor Guide
      • Corporate Capabilities
      • Trade Associations
      • Add Your Company
    • Markets & Technologies
      • Adhesives and Sealants
      • Aerospace Coatings
      • Architectural Coatings
      • Automotive Coatings
      • Automotive Refinish
      • Business Operation
      • Color Trends & Forecast
      • Construction Chemicals
      • Corrosion Control
      • Industrial Coatings
      • Laboratory Equipment
      • Marine Coatings
      • Market Trends & Forecast
      • Powder Coatings
      • Production Equipment
      • Radcure Coatings
      • Special Purpose Coatings
      • Wood Coatings
      • "Green" Coatings
    • Raw Materials
      • Additives
      • Binders
      • Pigments
      • Solvents
    • World Reports
      • Africa Report
      • China Report
      • India/Asia Pacific Report
      • Europe Report
      • Latin America Report
      • Market Research
      • Russian Report
    • Top Companies
    • Online Exclusives
    • Slideshows
    • Experts Opinions
    • Blog
    • eBook
    • Infographics
    • Videos
    • Podcasts
    • Whitepapers
    • Jobs
    • Microsites
      • Companies
      • White Papers/Tech Papers
      • Product Spec Sheets
      • Equipment
      • Literature/Brochures
      • Videos
    • Events
      • Industry Events
      • Live From Show Event
      • Webinars
    • About Us
      • About Us
      • Contact Us
      • Advertise With Us
      • Privacy Policy
      • Terms of Use
    Editorial

    Consolidation in the Coatings Industry Continues

    ...

    Related CONTENT
    • HIGH-PERFORMANCE ARCHITECTURAL AND INDUSTRIAL COLORANTS
    • Green Seal-certified Paint to Qualify for LEED v 4.1 Credit
    • IGL Coatings Wins Coating Specialists Of the Year 2021
    • Raw Material Suppliers, Distributors Part of Recent M&A Activity
    • AkzoNobel Publishes 4Q, Full-Year 2020 Results
    Kerry Pianoforte, Editor12.04.17
    The paint and coatings market experienced major consolidation in 2017, with more mergers expected in 2018.

    According to a July 2017 article in our magazine, “Rivalry at the Top?  Growing Concentration in the Coatings Industry:” The coatings industry in North America has been consolidating for decades, to the point that in certain end market segments, fewer than ten players – and in some cases, five or less – control over 90 percent of the market, and in most other markets, the level of concentration is at least 75 percent.  For the industry in total, the American Coatings Association and ChemQuest Group have estimated that the top ten manufacturers represent nearly 75 percent of total industry revenues and that the next ten represent about another 10 percent of the market. 

    The Sherwin-Williams, Valspar merger made the most waves this year, knocking PPG from its number one position. According to a press release issued by S-W, the combined company generated pro forma 2016 revenues of $15.8 billion and employs approximately 60,000 people worldwide. It has a prominent market position in architectural paint in North America, South America, China, Australia and the UK. In industrial coatings, the combined company is a global market leader in packaging coatings, coil coatings, general industrial coatings and industrial wood coatings.

    In March, PPG extended an unsolicited offer to acquire AkzoNobel for about $22 billion.  Akzo’s board rejected that offer as too low, leading PPG to increase its offer twice more.  The last offer, made at the end of April, valued the company at $27.1 billion. In October of this year, media reported that AkzoNobel was in talks with Axalta Coatings Systems regarding a potential merger of equals. The possible merger would create a $30 billion dollar company and would be the first major deal by Thierry Vanlancker, the company’s new CEO, who replaced Ton Büchner in July.

    AkzoNobel also confirmed in the statement that its separation of Specialty Chemicals, including the return of the vast majority of net proceeds to shareholders, remains on track for April 2018 and is unaffected by these discussions.
    As we head into 2018 it will be interesting to see how this will play out. 
    Related Searches
    • wood coatings
    • merger
    • coatings
    • axalta
    Suggested For You
    HIGH-PERFORMANCE ARCHITECTURAL AND INDUSTRIAL COLORANTS HIGH-PERFORMANCE ARCHITECTURAL AND INDUSTRIAL COLORANTS
    Green Seal-certified Paint to Qualify for LEED v 4.1 Credit Green Seal-certified Paint to Qualify for LEED v 4.1 Credit
    IGL Coatings Wins Coating Specialists Of the Year 2021 IGL Coatings Wins Coating Specialists Of the Year 2021
    Raw Material Suppliers, Distributors Part of Recent M&A Activity Raw Material Suppliers, Distributors Part of Recent M&A Activity
    AkzoNobel Publishes 4Q, Full-Year 2020 Results AkzoNobel Publishes 4Q, Full-Year 2020 Results
    Coatings World Reaches 975,000 Visits in 2020 Coatings World Reaches 975,000 Visits in 2020
    PPG’s Humbert Recognized with American Chemical Society Pittsburgh Award PPG’s Humbert Recognized with American Chemical Society Pittsburgh Award
    American Chemical Society Honors PPG Collegium Member with 2021 Roy W. Tess Award American Chemical Society Honors PPG Collegium Member with 2021 Roy W. Tess Award
    Clariant Inaugurates South African Pigments Lab Clariant Inaugurates South African Pigments Lab
    Diamond Vogel Announces National Sales Manager for Architectural Coatings Diamond Vogel Announces National Sales Manager for Architectural Coatings
    China Coatings Show 2021 Being Held in Shanghai China Coatings Show 2021 Being Held in Shanghai
    BCF CEO to Chair Royal Society of Chemistry Surface Coatings Interest Group BCF CEO to Chair Royal Society of Chemistry Surface Coatings Interest Group
    AkzoNobel Proposes to Acquire Tikkurila for €31.25 Per Share AkzoNobel Proposes to Acquire Tikkurila for €31.25 Per Share
    New Strategy Sets Hempel on Path to Leadership Positions New Strategy Sets Hempel on Path to Leadership Positions
    Raw Material Price Increases Pile Pressure on Paint Manufacturers Raw Material Price Increases Pile Pressure on Paint Manufacturers

    Related Editorial

    • COVID-19 Panedemic Brings Business to a Halt

      ...
      Kerry Pianoforte, Editor 04.15.20

    • Corona Virus Disrupting Trade Shows

      ...
      Kerry Pianoforte, Editor 03.13.20

    • Effects of the Coronavirus

      ...
      Kerry Pianoforte, Editor 02.19.20


    • China, India Contribute to Growth

      ...
      Kerry Pianoforte, Editor 01.20.20

    • Economic Outlook for 2020

      ...
      Kerry Pianoforte, Editor 12.11.19

    • Exterior Coatings Market Goes Green

      ...
      Kerry Pianoforte, Editor 11.11.19


    • Automotive Refinish Market Grows

      ...
      Kerry Pianoforte, Editor 09.30.19

    • Coatings World International Buyers’ Guide

      ...
      Kerry Pianoforte, Editor 09.03.19

    • Marine Coatings Worth $15 Billion by 2024

      ...
      Kerry Pianoforte, Editor 08.09.19


    • It’s Time to Protect all of the Surfaces

      ...
      Dale Pritchett, Publisher 07.03.19

    • Industrial Coatings

      ...
      Kerry Pianoforte, Editor 05.31.19

    • Advanced Aerospace Coatings in Europe

      ...
      Kerry Pianoforte, Editor 05.10.19


    • Demand for Low and Zero Paint Increases

      ...
      Kerry Pianoforte, Editor 04.12.19

    • European Coatings Show Edition

      ...
      Kerry Pianoforte, Editor 03.08.19

    • Global Wood Coatings Market

      ...
      Kerry Pianoforte, Editor 02.11.19

    Trending
    • Hempel Announces Global Price Increase
    • Raw Material Price Increases Pile Pressure On Paint Manufacturers
    • Arkema Reports Full-year 2020 Results
    • OQ Chemicals Increases Carboxylic Acids, Esters Prices
    • Universal Display Corporation, PPG Expand Global Production Of UniversalPHOLED Materials
    Breaking News
    • Nippon Paint Marine Wins Korea Export Award
    • ECOS Paints Launches Lisa Tharp Colors
    • PPG Introduces Premium Iso-free Primer Surfacer, Catalyst
    • Universal Display Corporation, PPG Expand Global Production of UniversalPHOLED Materials
    • OQ Chemicals Increases Carboxylic Acids, Esters Prices
    View Breaking News >
    CURRENT ISSUE

    February 2021

    • Mixing Equipment Directory
    • The Wood Coatings Market
    • Antimicrobial Coatings Market
    • View More >

    Cookies help us to provide you with an excellent service. By using our website, you declare yourself in agreement with our use of cookies.
    You can obtain detailed information about the use of cookies on our website by clicking on "More information”.

    • About Us
    • Privacy Policy
    • Terms And Conditions
    • Contact Us

    follow us

    Subscribe
    Nutraceuticals World

    Latest Breaking News From Nutraceuticals World

    Preliminary Study Links Markers of Impaired Bone Health to Vegan Diet
    Refined Grains Linked to Heart Attack Risk, Early Death
    Kappa Bioscience Extends Research Partnership For COVID-19 Research
    Coatings World

    Latest Breaking News From Coatings World

    Nippon Paint Marine Wins Korea Export Award
    Universal Display Corporation, PPG Expand Global Production of UniversalPHOLED Materials
    PPG Introduces Premium Iso-free Primer Surfacer, Catalyst
    Medical Product Outsourcing

    Latest Breaking News From Medical Product Outsourcing

    January AI Raises $8.8 Million in New Funding
    FDA Clears Ava Fertility Tracking Wearable Device
    First Patient in Europe Treated With Diamondback 360 Coronary Orbital Atherectomy System
    Contract Pharma

    Latest Breaking News From Contract Pharma

    Spark Therapeutics Appoints CTO
    Cryoport Launches ESG Program
    U.S. Govt. Purchases 100k Doses of Lilly's COVID-19 Antibody Cocktail
    Beauty Packaging

    Latest Breaking News From Beauty Packaging

    The Top Beauty Products of 2021, According to HelloGiggles
    Estée Lauder Taps Ana de Armas as Global Brand Ambassador
    Sephora Announces Significant Expansion
    Happi

    Latest Breaking News From Happi

    What You're Reading on Happi.com
    Cosmetic Chemical Sales To Post CAGR 5.8% To 2025
    ACI Urges Senate to Approve Regan as EPA Administrator
    Ink World

    Latest Breaking News From Ink World

    Etiflex Enters New Markets with Nilpeter FA-22 Installation
    Hydrocarbon Solvents Market to Surpass $8.1 Billion by 2030
    Marshall & Bruce Adds Koenig & Bauer Rapida 106 41-Inch Seven-Color Press
    Label & Narrow Web

    Latest Breaking News From Label & Narrow Web

    FTA converts Forum & INFOFLEX to virtual events
    Xeikon launches two new digital label printing presses
    UFlex adds capacity in packaging films
    Nonwovens Industry

    Latest Breaking News From Nonwovens Industry

    Texas Medical Technology Partners with My Protect Kit
    Mexico City Single-Use Plastics Ban Leads to Tampon Shortage
    Believe Diapers Launch in U.S.
    Orthopedic Design & Technology

    Latest Breaking News From Orthopedic Design & Technology

    Fusion Robotics Receives FDA Clearance for Spinal Navigation and Robotics System
    Kaia Health Unveils Next-Gen Complete MSK Care Solutions
    First Implantation of CTL Amedica's Minimally Invasive Flex Tower
    Printed Electronics Now

    Latest Breaking News From Printed Electronics Now

    Comercial Kywi Improves Customer Service, Front-Store Operations with Zebra Mobile Solution
    Global Printed Circuit Board Market Projected to Reach $69.32 Billion by 2027
    Global Smart Glass Market to Register 6.8% CAGR Between 2021-28: Grand View Research

    Copyright © 2021 Rodman Media. All rights reserved. Use of this constitutes acceptance of our privacy policy The material on this site may not be reproduced, distributed, transmitted, or otherwise used, except with the prior written permission of Rodman Media.

    AD BLOCKER DETECTED

    Our website is made possible by displaying online advertisements to our visitors.
    Please consider supporting us by disabling your ad blocker.


    FREE SUBSCRIPTION Already a subscriber? Login