Industry News, Coatings
2018 Global Top 10 and PCI 25: Top Paint and Coatings Companies
It’s time again for PCI’s annual ranking of the top 10 global and top 25 North American paint and coating manufacturers. The ranking is based on 2017 coatings sales. Sales of other noncoating products are not included. PCI’s Karen Parker spends months conducting research for this report, using annual reports, websites, press releases and direct contact with companies to compile the information. The biggest news in the industry in 2017 was Sherwin-Williams’ acquisition of Valspar, which closed in June 2017. Also noteworthy were talks of mergers between several top-10 global companies that were eventually abandoned.
Table 1. The Global Top10 Paint & Coatings Companies.
| Ranking | Company | Net Sales |
| 1 | PPG | $14.8 billion |
| 2 | The Sherwin-Williams Co. | $11.82 billion |
| 3 | AkzoNobel | $11.5 billion |
| 4 | Nippon Paint Holdings Co. | $5.2 billion |
| 5 | RPM International Inc. | $4.96 billion |
| 6 | Axalta Coating Systems | $4.4 billion |
| 7 | BASF Coatings | $3.97 billion |
| 8 | Kansai Paint Co. Ltd. | $3.8 billion |
| 9 | Asian Paints Ltd. | $2.3 billion |
| 10 | Jotun | $2.0 billion |
Table 2. The PCI25
| Ranking | Company | Net Sales |
| 1 | PPG | $14.8 billion |
| 2 | The Sherwin-Williams Co. | $11.82 billion |
| 3 | RPM International Inc. | $4.96 billion |
| 4 | Axalta Coating Systems | $4.4 billion |
| 5 | Behr Process Corp. | $1.91 billion |
| 6 | Benjamin Moore & Co. | $1.3 billion |
| 7 | Ennis-Flint | $625 million |
| 8 | Shawcor Ltd. | $405 million |
| 9 | Kelly-Moore Paint Co., Inc. | $300 million |
| 10 | Innovative Chemical Products (ICP) Group | $250 million |
| 11 | Cloverdale Paint Inc. | $231 million |
| 12 | Diamond Vogel Paint Inc. | $170 million |
| 13 | Yenkin-Majestic Paint Corp. | $150 million |
| 14 | Tnemec Company Inc. | $124 million |
| 15 | ELANTAS PDG Inc. | $115 million |
| 16 | Hentzen Coatings Inc. | $110 million |
| 17 | True Value Company | $100 million |
| 18 | Vista Paints | $90 million |
| 19 | Suncoatings Inc. | $65 million |
| 20 | Gemini Industries | $60 million |
| 21 | TIGER Drylac U.S.A. Inc. | $59.7 million |
| 22 | Sheboygan Paint Co. | $50 million |
| 23 | Farrell-Calhoun Inc. | $40.3 million |
| 24 | Lanco Paints & Coatings | $23 million |
| 25 | Fortech Products Inc. | $17.5 million |