Top manufacturers of paints, coatings, adhesives, and sealants

The 2024 Top Companies Report

The 2024 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 worked diligently 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 77 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.

There were several notable changes to this year’s report. This year Sherwin-Williams replaced PPG as the number one paint company in the world with $18.4 billion in coatings sales. We removed four companies from the report. After nearly 80 years of operation, Kelly-Moore Paint Company ceased operations in January of this year; WEILBURGER Coatings, the industrial coatings business of GREBE Holding was acquired by Kansai Helios; Tenaris has completed its acquisition of Shawcor, Mattr’s pipe coating business unit for $182.6 million; and Tohpe was removed for having less than $100 million in revenue.

This was a record-setting year in terms of additions to the report. The seven companies we added were from Europe, Latin America and India: Gemini Coatings (76), Grupo Solids (77), Hentzen Coatings (75), Indigo Paints (70), JSW Paints (61), Måder (56) and Sur Quimica (52).

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 2023 and would like to be included in our Top Companies Report, contact me and I will add your company to the online version.

– Kerry Pianoforte, Editor

 

First Timers

Gemini Coatings, Grupo Solids, Hentzen Coatings, Indigo Paints, JSW Paints, Måder, Sur Quimica

 

Take Out Companies

Kelly Moore, Grebe, Shawcor and Tohpe

Top manufacturers of paints, coatings, adhesives, and sealants

RANK COMPANY LOCATION SALES
1
Sherwin-Williams
101 Prospect Ave Nw, Cleveland, OH, 44115 USA $18.4 Billion
2
PPG Industries
One Ppg Pl 40 East, Pittsburgh, Pennsylvania, 15272 USA $18.2 Billion
3
AkzoNobel
Christian Neefestraat 2, 1077 WW Amsterdam, Netherlands $11.6 Billion
4
Nippon Paint Holding Co., Ltd
20 Pasir Panjang Road (West), #13-26 Mapletree Business City, Singapore 117439 China $10.2 Billion
5
RPM International Inc
2628 Pearl Road, Medina, OH 44256 USA $7.3 Billion
6
Axalta Coating Systems
1050 Constitution Ave. Philadelphia, PA 19112 USA $5.2 Billion
7
BASF Coatings
Carl-Bosch-Straße 38, 67056 Ludwigshafen am Rhein, Rheinland-Pfalz, Germany. $4.7 Billion
8
Asian Paints Limited
sian Paints House 6A & 6B, Shantinagar, Santacruz (E), Mumbai - 400 055, India $4.2 Billion
9
Kansai Paint Co., Ltd
Shinagawa Season Terrace, 5th floor, 1-2-70 Konan, Minato-ku, Tokyo, 108-0075, JAPAN $3.5 Billion
10
Masco Corp
17450 College Pkwy, Livonia, MI 48152, US $3.1 Billion
11
Jotun AS
PO Box 2021 Sandefjord, 3202 Norway $3 Billion
12
Hempel A/S
CORPORATE HEADQUARTERS Hempel A/S Lundtoftegårdsvej 91 DK-2800 Kgs. Lyngby Denmark $2.6 Billion
13
Benjamin Moore
101 Paragon Drive, Montvale, NJ 07645 $1.8 Billion
14
SKSHU (3trees)
518 Liyuan North Avenue, Licheng District, Putian, Fujian, China 351100 $1.7 Billion
15
Berger Paints India Ltd
Barger House 129 Park Street Kolkata,WB India 700017 $1.6 Billion
16
DAW (Deutsch AmphibolinWerke)
Roßdörfer Str. 50, 64372 Ober-Ramstadt, Germany $1.3 Billion
17
KCC Corporation
344, Sapyeong-daero, Seocho-gu, Seoul, South Korea $1.3 Billion
18
ICP Group
150 Dascomb Road Andover, MA 01810 USA $900 Million
19
Chugoku Marine Paints
Toranomon Hills Station Tower 16F, 2-6-1 Toranomon, Minato-ku, Tokyo, 105-5516, Japan $826 Million
20
Maydos
Zhenxing Road No.11, Lunjiao, Shunde, Foshan, Guangdong Province, China. $669.4 Million
21
SK Kaken
SK Kaken Co., Ltd. is 3-5-25 Nakahozumi, Ibaraki-shi, Osaka, 567-0034, Japan $666 Million
22
Beckers Group
Kurfurstendamm 57, 10707 Berlin, Germany $663 Million
23
TOA Group
7-2-1 Minatojima Nakamachi, Chuo-ku, Kobe, Hyogo 650-0046, Japan $630 Million
24
Brillux GmbH & Co. KG
Weseler Straße 401, 48163 Münster, Germany $599 Million
25
Xiangjiang Paint Group
790 Deya Road, Changsha, 410003 China $588.4 Million
26
Carpoly
Jinxi Industrial Zone, Tangxia Town, Pengjiang District, Jiangmen, Guangdong 529085, China $573 Million
27
Noroo Paint Co. Ltd
351 Bakdal-ro, Bakdal 2(i)-dong, Manan-gu, Anyang, Gyeonggi-do, South Korea $530 Million
28
Mankiewicz
Georg-Wilhelm-Straße 189 21107 Hamburg Germany $517.5 Million
29
National Paints Factories Co
1999 Elizabeth Street, North Brunswick, NJ 08902, United States $517 Million
30
Lanco Paints & Coatings (Blanco Group)
600 Mid Florida Dr, Orlando, Florida 32824, US $500 Million
31
Samhwa Paints Industrial
58 Donhwamun-ro, Jongno-gu, Seoul, Republic of Korea $492 Million
32
PT Avia Avian Tbk
Jl Raya Buduran KM19 Banjarkemantren Buduran, Kabupaten Sidoarj Jawa Timur, 61252 Indonesia $461 Million
33
CIN – Corporação Industrial do Norte, SA
Avenida de Dom Mendo, 831, 4474-009 Maia, Portugal, $437 Million
34
Nihon Toksuhu Toryo Co. Ltd
-23-2, Oji, Kita-ku, Tokyo, 114-8584 Japan $400 Million
35
Cloverdale Paint Group
400 - 2630 Croydon Drive, Surrey, British Columbia, Canada V3Z 6T3 $365.5 Million
36
Teknos Group Oy
Takkatie 3, P.O. Box 107 FI-00370 Helsinki Finland $355 Million
37
Musashi Paint Co. Ltd
2-30-16, Minami-Ikebukuro, Toshima-ku, Tokyo, 171-0022 Japan $350 Million
38
Fujikura Kasei Co. Ltd
6-15, Shibakoen 2-chome, Minato-ku, Tokyo 105-0011 Japan $346 Million
39
TIGER Coatings GmbH & Co. KG
3945 Swenson Ave. St. Charles, IL 60174 $321 Million
40
Flugger Group
Islevdalvej 151 2610 Rødovre, Denmark $320 Million
41
Guangdong Bardese Chemical
o.108 Zhengxing Road, Nantou Town, Zhongshan City, Guangdong Province, China $318 Million
42
Ritver Paints & Coatings (RAR Holding)
One Lake Plaza, Jumeirah Lake Towers, Dubai, United Arab Emirates $309.5 Million
43
Meffert AG Farbwerke
Sandweg 15, 55543 Bad Kreuznach, Germany $300 Million
44
Pacific Paint (Boysen)
292 D. Tuazon Street,. Barangay Manresa,. 1115 Quezon City, Philippines $290 Million
45
Briolf Group S.L
Ctra. N-II, km 706,5 17457 Riudellots de la Selva, Spain $269.5 Million
46
WEG
6655 Sugarloaf Pkwy, Duluth, GA 30097 $265 Million
47
Zhongshan Daoqum Chemical Group
6 Zhongshan 6th Road, East District, Zhongshan, 528403 China $262 Million
48
MIPA
Am Oberen Moos 1, 84051 Essenbach, Germany $260 Million
49
Dai Nippon Toryo
SR Bldg.NAGAHORI 1-18-11, MINAMISEMBA, CHUO-KU, OSAKA 542-0081, Japan $255.5 Million
50
Diamond Vogel
1110 Albany Place SE PO Box 380 Orange City, IA 51041 USA $250 Million
51
Kapci Coatings
JAFZA View 18, Jebel Ali Free Zone, Dubai, UAE $249 Million
52
Sur Quimica
contiguo, C. 36, San José, Uruca Centro, 10107, Costa Rica $244 Million
53
Kangnam Jevisco
97 Shuanghe Road, Dianshanhu Town, Kunshan, Suzhou, Jiangsu, China $231 Million
54
Remmers Baustofftechnik GmbH
Bernhard-Remmers-Straße 13, 49624 Löningen, Germany $225 Million
55
Sniezka Woj
ul. Dębicka 44, 39-207 Brzeźnica, Warsaw, Poland $215 Million
56
Mader Group
Suite A1, Hkew Alpha Building 2 George Wiencke Drive, Perth Airport $210 Million
57
Bauhinia Advanced Materials Group
1/F MORECROWN COML BLDG 108 ELECTRIC RD North Point Hong Kong $203 Million
58
Tambour Paints
1002 Quentin Rd, Brooklyn, NY 11223 $200 Million
59
Rock Paint
3-1-47 , Himejima Nishi-yodogawa-ku , Osaka 555-0033 , Japan $195 Million
60
Yasar
Zübeyde Hanım, 1345. Sk. No:2, Istanbul, Turkey, $194.5 Million
61
JSW Paints
Jindal Mansion, 5A, Dr. G. Deshmukh Marg, Mumbai, Maharashtra, India - 400026 $194 Million
62
Dold Gruppe
Hertistrasse 4, 8304 Wallisellen, Switzerland $190 Million
63
Taiho Paint
6009 Beiqing Road Chonggu Town Qingpu District Shanghai, 201700 China $189 Million
64
ADLER-Werk Lackfabrik
Bergwerkstraße 22, 6130 Schwaz, Austria. $178 Million
65
Berlac Group
BERLAC AG Allmendweg 39 CH-4450 Sissach, Switzerland $160 Million
66
Frei Lacke
Am Bahnhof 6 78199 Bräunlingen-Döggingen, Germany $150 Million
67
Kikusui Chemical
1-3-3, SAKAE, NAKA-KU AMMNAT BLDG.15F. NAGOYA, AICHI, 460-0008 Japan $148 Million
68
Russian Coatings JSC
96, Bolshaya Fyodorovskaya Str., 150000 Yaroslavl Russia $139 Million
69
Tnemec
123 West 23 Avenue North Kansas City, Missouri, USA 64116 $130 Million
70
Indigo Paints
Indigo Tower, Street-5, Pallod Farm-2, Baner Road, Pune - 411045 India $129 Million
71
Natoco
18, Shogayama, Uchikoshi-cho, Miyoshi-shi, Aichi-Pref, 470-0213, Japan $125.5 Million
72
Shinto Paint Co. Ltd
0-73,6-CHOME,Minamitsukaguchi-cho, Amagasaki-shi,Hyogo 661-8511, Japan $125 Million
73
Kayalar Kimya
Kimya Industrialists Organized Industrial Zone, TEM Side Road, F1 Block, P.O. Box: 34956, Tepeören, Tuzla, Istanbul, Turkey $120 Million
74
Asahipen
4-1-12 Tsurumi, Tsurumi-ku, Osaka 538-8666 Japan $107 Million
75
Hentzen Coatings
6937 West Mill Road, Milwaukee, WI 53218-1225 USA $106 Million
76
Gemini Coatings Inc
Gemini Industries Inc 421 S.E. 27th Street El Reno, OK 73036 USA $105 Million
77
Grupo Solid
12 calle 1-25 Zona 10 Edificio Geminis 10, Guatemala, 01010 $103 Million