Top 10 paint manufacturing company in 2023(Global)

Top 10 paint manufacturing company worldwide in the year 2022

1. PPG(USA) : PPG is a global manufacturer of paints, coatings, and specialty materials and a Fortune 200 company with headquarters in Pittsburgh and operations in nearly 70 countries around the world.

Coating Sales: 17,700,000,000USD 

2. The Sherwin-Williams Co.(USA): Sherwin-Williams Company is an American company. It is primarily engaged in the manufacture, distribution, and sale of paints, coating, floorcoverings, and related products to professional, industrial, commercial, and retail customers, primarily in America and Europe. At the end of 2020, Sherwin-Willams had operations in over 120 countries.

Coating Sales: 16.600,000,000USD 

3.Akzo Nobel N.V.(Netherlands) stylized as AkzoNobel, is a Dutch  which creates paints and performance coatings for both industry and consumers worldwide. Headquartered in Amsterdam, the company has activities in more than 150 countries. 

Coating Sales: 11,650,000,000USD

4. Nippon Paints Holdings Co.(Japan) is a Japanese paint and paint products manufacturing company. It is the fourth largest paint manufacturer globally, based on revenue in 2022

Coating Sales: 9,980,000,000USD

5.  RPM International Inc.(USA) is an American multinational company with subsidiaries that manufacture and market specialty coatings. Industrial brands include Tremco, Carboline, Universal Sealants, Stonhard, RPM/Belgium, Euco, Day-Glo and Dryvit. RPM's consumer products are used by professionals and DIY for home maintenance and improvement and by hobbyists. Consumer brands include Zinsser,RUST Olium, DAF, Varathane, Mean Green, Krud Kutter, Concrobium, Moldex and Testtors. 

The company operates 122 manufacturing facilities around the world. Its products are sold in 170 countries and territories. 

Coating Sales: 6,700,000,000USD

6. Axalta Coating Systems(USA) is an American company specializing in coatings in a wide variety of industrial applications, materials and sectors, including automotive paints. Axalta develops and manufactures coatings for light and commercial vehicles, industrial, and refinish applications. The firm does business in 130 countries. 

Coating Sales: 4,900,000,000USD

7. BASF Coatings(Germany): BASF comprises subsidiaries and joint ventures in more than 80 countries, operating six integrated production sites and 390 other production sites across Europe, Australia, Asia, Africa and America. BASF has customers in over 190 countries and supplies products to a wide variety of industries.

Coating Sales: 4,550,000,000USD

8. Asian Paints Limited(India) is an Indian multinational paint company, headquartered in Mumbai. The company is engaged in the business of manufacturing, selling and distribution of paints, coatings, products related to home décor, bath fittings and providing related services.

Coating Sales: 4,110,000,000USD

9. Kansai Paint Co. Ltd.(Japan&India) is the largest industrial paint and third largest decorative paint company of India based in Mumbai. It is a subsidiary of Kansai Paint of Japan As of 2015, it has the third largest market share with 15.4% in the Indian paint industry. It is engaged in the industrial, automotive and powder coating business.

Coating Sales: 3,630,000,000USD

10. Masco(USA): is an American manufacturer of products for the home improvement and new home construction markets. Comprising more than 20 companies, the Masco conglomerate operates nearly 60 manufacturing facilities in the United States and over 20 in other parts of the world.

Coating Sales: 3,428,000,000USD

Thanks for reading.

Reference: https://en.wikipedia.org/wiki/Main_Page

https://www.pcimag.com/articles/110327-2022-global-top-10-top-paint-and-coatings-companies

https://www.coatingsworld.com/issues/2023-07-01/view_top-companies-report/top-companies-report-651116/