Top manufacturers of paints, coatings, adhesives, and sealants

The 2023 Top Companies Report

The 2023 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 73 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.

After a busy acquisition period in 2022, 2023 was relatively quiet. In 2022, due to acquisitions, we removed five companies from the list. This year there was only one notable acquisition. Sherwin-Williams acquired Industria Chimica Adriatica S.p.A. (ICA), an Italian designer, manufacturer and distributor of industrial wood coatings. The business has annual sales of more than €150 million, with sales and operations globally, including production facilities in Italy and Poland. ICA has approximately 600 employees and will become part of the Sherwin-Williams Performance Coatings Group.

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 2022 and would like to be included in our Top Companies Report, contact me and I will add your company to the online version.

Top manufacturers of paints, coatings, adhesives, and sealants

RANK COMPANY LOCATION SALES
1
PPG Industries
One Ppg Pl 40 East, Pittsburgh, Pennsylvania, 15272 USA $17.7 Billion
2
Sherwin-Williams
101 Prospect Ave Nw, Cleveland, OH, 44115 USA $16.6 Billion
3
AkzoNobel
Christian Neefestraat 2, 1077 WW Amsterdam, Netherlands $11.7 Billion
4
Nippon Paint Holding Co., Ltd
20 Pasir Panjang Road (West), #13-26 Mapletree Business City, Singapore 117439 China $10 Billion
5
RPM International Inc
2628 Pearl Road, Medina, OH 44256 USA $6.7 Billion
6
Axalta Coating Systems
1050 Constitution Ave. Philadelphia, PA 19112 USA $4.9 Billion
7
BASF Coatings
Carl-Bosch-Straße 38, 67056 Ludwigshafen am Rhein, Rheinland-Pfalz, Germany. $4.6 Billion
8
Asian Paints Limited
sian Paints House 6A & 6B, Shantinagar, Santacruz (E), Mumbai - 400 055, India $4.1 Billion
9
Kansai Paint Co., Ltd
Shinagawa Season Terrace, 5th floor, 1-2-70 Konan, Minato-ku, Tokyo, 108-0075, JAPAN $3.6 Billion
10
Masco Corp
17450 College Pkwy, Livonia, MI 48152, US $3.4 Billion
11
Jotun AS
PO Box 2021 Sandefjord, 3202 Norway $2.6 Billion
12
Hempel A/S
CORPORATE HEADQUARTERS Hempel A/S Lundtoftegårdsvej 91 DK-2800 Kgs. Lyngby Denmark $2.4 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 $1.6 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 $1.4 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 $894 Million
19
Noroo Paint Co. Ltd
351 Bakdal-ro, Bakdal 2(i)-dong, Manan-gu, Anyang, Gyeonggi-do, South Korea $776 Million
20
Beckers Group
Kurfurstendamm 57, 10707 Berlin, Germany $760 Million
21
Chugoku Marine Paints
Toranomon Hills Station Tower 16F, 2-6-1 Toranomon, Minato-ku, Tokyo, 105-5516, Japan $757 Million
22
SK Kaken
SK Kaken Co., Ltd. is 3-5-25 Nakahozumi, Ibaraki-shi, Osaka, 567-0034, Japan $729 Million
23
Maydos
Zhenxing Road No.11, Lunjiao, Shunde, Foshan, Guangdong Province, China. $602 Million
24
TOA Group
7-2-1 Minatojima Nakamachi, Chuo-ku, Kobe, Hyogo 650-0046, Japan $595 Million
25
Xiangjiang Paint Group
790 Deya Road, Changsha, 410003 China $588.4 Million
26
Brillux GmbH & Co. KG
Weseler Straße 401, 48163 Münster, Germany $575 Million
27
Dai Nippon Toryo
SR Bldg.NAGAHORI 1-18-11, MINAMISEMBA, CHUO-KU, OSAKA 542-0081, Japan $556 Million
28
Carpoly
Jinxi Industrial Zone, Tangxia Town, Pengjiang District, Jiangmen, Guangdong 529085, China $518 Million
29
Kangnam Jevisco
97 Shuanghe Road, Dianshanhu Town, Kunshan, Suzhou, Jiangsu, China $500 Million
30
Mankiewicz
Georg-Wilhelm-Straße 189 21107 Hamburg Germany $481 Million
31
Shawcor
25 Bethridge Road, Etobicoke, Toronto, Canada $475 Million
32
Samhwa Paints Industrial
58 Donhwamun-ro, Jongno-gu, Seoul, Republic of Korea $465 Million
33
Nihon Toksuhu Toryo Co. Ltd
-23-2, Oji, Kita-ku, Tokyo, 114-8584 Japan $460 Million
34
National Paints
Unit P7A-09, Level P7, Park Towers, Dubai International Financial Center, UAE $458 Million
35
PT Avia Avian Tbk
Jl Raya Buduran KM19 Banjarkemantren Buduran, Kabupaten Sidoarj Jawa Timur, 61252 Indonesia $456 Million
36
Teknos Group Oy
Takkatie 3, P.O. Box 107 FI-00370 Helsinki Finland $433 Million
37
CIN – Corporação Industrial do Norte, SA
Avenida de Dom Mendo, 831, 4474-009 Maia, Portugal, $424 Million
38
Kelly-Moore
1390 El Camino Real 3rd floor, United States $400 Million
39
Fujikura Kasei Co. Ltd
6-15, Shibakoen 2-chome, Minato-ku, Tokyo 105-0011 Japan $388 Million
40
Lanco Paints & Coatings (Blanco Group)
600 Mid Florida Dr, Orlando, Florida 32824, US $380 Million
41
Cloverdale Paint Group
400 - 2630 Croydon Drive, Surrey, British Columbia, Canada V3Z 6T3 $375 Million
42
Guangdong Bardese Chemical
o.108 Zhengxing Road, Nantou Town, Zhongshan City, Guangdong Province, China $360 Million
43
TIGER Coatings GmbH & Co. KG
3945 Swenson Ave. St. Charles, IL 60174 $353 Million
44
Musashi Paint Co. Ltd
2-30-16, Minami-Ikebukuro, Toshima-ku, Tokyo, 171-0022 Japan $350 Million
45
Flugger Group
Islevdalvej 151 2610 Rødovre, Denmark $340 Million
46
WEG
6655 Sugarloaf Pkwy, Duluth, GA 30097 $313 Million
47
Meffert AG Farbwerke
Sandweg 15, 55543 Bad Kreuznach, Germany $300 Million
48
Pacific Paint (Boysen)
292 D. Tuazon Street,. Barangay Manresa,. 1115 Quezon City, Philippines $290 Million
49
Ritver Paints & Coatings (RAR Holding)
One Lake Plaza, Jumeirah Lake Towers, Dubai, United Arab Emirates $287 Million
50
Daoqum Chemical Group
G94J+XMX, Zhongshan, Guangdong Province, China, 528400 $258 Million
51
Kapci Coatings
JAFZA View 18, Jebel Ali Free Zone, Dubai, UAE $245 Million
52
Grebe Holding GmbH
Ahäuser Weg 12-22, 35781 Weilburg, Germany $245 Million
53
MIPA
Am Oberen Moos 1, 84051 Essenbach, Germany $240 Million
54
Diamond Vogel
1110 Albany Place SE PO Box 380 Orange City, IA 51041 USA $225 Million
55
Remmers Baustofftechnik GmbH
Bernhard-Remmers-Straße 13, 49624 Löningen, Germany $220 Million
56
Rock Paint
3-1-47 , Himejima Nishi-yodogawa-ku , Osaka 555-0033 , Japan $211 Million
57
Taiho Paint
6009 Beiqing Road Chonggu Town Qingpu District Shanghai, 201700 China $211 Million
58
Bauhinia Advanced Materials Group
27/F Fortis Tower, 77-79 Gloucester Road, Wanchai, Hong Kong $209 Million
59
Briolf Group S.L
Ctra. N-II, km 706,5 17457 Riudellots de la Selva, Spain $205 Million
60
Sniezka Woj
ul. Dębicka 44, 39-207 Brzeźnica, Warsaw, Poland $202 Million
61
Tambour Paints
1002 Quentin Rd, Brooklyn, NY 11223 $200 Million
62
Dold Gruppe
Hertistrasse 4, 8304 Wallisellen, Switzerland $200 Million
63
Yasar
Zübeyde Hanım, 1345. Sk. No:2, Istanbul, Turkey, $190 Million
64
ADLER-Werk Lackfabrik
Bergwerkstraße 22, 6130 Schwaz, Austria. $171 Million
65
Kikusui Chemical
1-3-3, SAKAE, NAKA-KU AMMNAT BLDG.15F. NAGOYA, AICHI, 460-0008 Japan $169 Million
66
Frei Lacke
Am Bahnhof 6 78199 Bräunlingen-Döggingen, Germany $165 Million
67
Shinto Paint Co. Ltd
0-73,6-CHOME,Minamitsukaguchi-cho, Amagasaki-shi,Hyogo 661-8511, Japan $165 Million
68
Berlac Group
BERLAC AG Allmendweg 39 CH-4450 Sissach, Switzerland $160 Million
69
Natoco
18, Shogayama, Uchikoshi-cho, Miyoshi-shi, Aichi-Pref, 470-0213, Japan $150 Million
70
Russian Coatings JSC
96, Bolshaya Fyodorovskaya Str., 150000 Yaroslavl Russia $148 Million
71
Tnemec
123 West 23 Avenue North Kansas City, Missouri, USA 64116 $130 Million
72
Kayalar Kimya
Kimya Industrialists Organized Industrial Zone, TEM Side Road, F1 Block, P.O. Box: 34956, Tepeören, Tuzla, Istanbul, Turkey $120 Million
73
Asahipen
4-1-12 Tsurumi, Tsurumi-ku, Osaka 538-8666 Japan $110 Million
74
Tohpe
1-5-11 Chikkoshinmachi, Nishi-ku, Sakai-shi, Osaka 592-8331, Japan $100 Million