Top Companies Report

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 and interviewing companies to provide you 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 75 companies in this 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. A number of companies have been removed from the list this year including: Cromology (France) which was acquired by Nippon Paints’ DuluxGroup; Karworwag (Germany) and Tikkurila (Finland), which were both acquired by PPG; Industria Titan (Spain) and Pintuco (Colombia), which were acquired by AkzoNobel. We added one new company this year; Indonesia-based Avia Avian. PPG took back the top position from Sherwin-Williams, who ranked number one for the first time last year.

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 2021 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

Avia Avian

Take-out Companies

Cromology
Industria Titan
Karworwag
Pintuco
Tikkurila

2022 Top 20

01 PPG
02 Sherwin-Williams
03 AkzoNobel
04 Nippon Paint
05 RPM
06 Axalta
07 Asian Paints
08 BASF
09 Masco
10 Kansai Paint
11 Jotun 
12 Hempel
13 SKSHU
14 Benjamin Moore
15 Berger Paints 16 DAW
17 Kelly-Moore
18 KC Corp
19 ICP Group
20 Chugoku Marine Paints

2022 Top Companies

01. PPG 16,800,000,000
02. Sherwin-Williams* 13,910,000,000
03. AkzoNobel 9,990,000,000
04. Nippon Paint 6,790,000,000
05. RPM 6,100,000,000
06. Axalta 4,400,000,000
07. Asian Paints 3,740,000,000
08. BASF 3,580,000,000
09. Masco 3,240,000,000
10. Kansai Paint 3,110,000,000
11. Jotun 2,526,770,000
12. Hempel 1,899,000,000
13. SKSHU Paints 1,795,000,000
14. Benjamin Moore* 1,700,000,000
15. Berger Paints 1,434,500,000
16. DAW 1,220,000,000
17. Kelly-Moore* 1,020,000,000
18. KC Corp.* 1,000,000,000
19. ICP Group 824,000,000
20. Chugoku Marine Paints 773,000,000
21. SK Kaken 767,000,000
22. Beckers Group 722,000,000
23. Noroo Paint 683,000,000
24. Samhwa 639,400,000
25. Xiangjiang Paint Group* 639,400,000
26. Brillux* 600,000,000
27. Dai Nippon Toryo 592,000,000
28. TOA Paint * 547,000,000
29. Shawcor* 500,000,000
30. Avian 473,000,000
31. Teknos Group 470,000,000
32. Nihon Toksuhu 450,000,000
33. Carpoly*  450,000,000
34. National Paint Factories  442,000,000
35. CIN 420,000,000
36. Fujikura Kasei 395,000,000
37. Mankiewicz 382,000,000
38. Bardese 366,000,000
39. Lanco Paints and Coatings  350,000,000 (Blanco Group)
40. Musashi Paint* 350,000,000
41. Fluuger Group* 340,000,000
42. Cloverdale Paint 336,000,000
43. Tiger Coatings 303,000,000
44. Meffert* 300,000,000
45. Pacific Paint Boysen*  290,000,000
46. Daoqm 269,000,000
47. Origin  265,000,000
48. Bauhinia 260,000,000
49. RAR Holdings 253,400,000
50. Kangnam Jevesco 250,000,000
51. Grebe* 245,000,000
52. Taiho Paint 227,000,000
53. Kapci Coatings 227,000,000
54. Remmers*  225,000,000
55. Rock Paint 210,000,000
56. Sniezka 202,000,000
57. MIPA* 200,000,000
58. Tambour* 200,000,000
59. Diamond Vogel 190,000,000
60. Kikusui Chemical* 182,000,000
61. Yasar* 180,000,000
62. Brioff Group 178,000,000
63. Dold Gruppe* 165,000,000
64. ICA Group 161,000,000
65. Berlac Group 160,000,000
66. Adler-Werk Lackfabric* 160,000,000
67. Frei Lacke* 159,000,000
68. Shinto Paint* 157,000,000
69. Natoco* 150,000,000
70. Tnemec* 130,000,000
71. Asahipem* 125,000,000
72. Kayalar Kimya* 120,000,000
73. Russian Coatiings 112,000,000
74. Tohpe* 110,000,000
75. Weg* 100,000,000