It’s that time of year again for Coatings World’s Top
Companies Report. In the pages that follow you
will find our annual ranking of the leaders in the
global coatings industry. Every year we list the leading manufacturers in the world, based on sales of
paint, coatings, adhesives and sealants and offer a
snapshot of key events that unfolded during the year
such as acquisition activity, new product launches or
management changes.
Profiling so many companies, common themes begin
to emerge. While the rising cost of raw materials and
the formulation of greener technology are major driving forces in today’s industry among the largest coatings companies, globalization continues to be the
major trend influencing the top paint, coatings, adhesives and sealants firms. As has been the case for the
past several years, the Asia Pacific region is the
hottest spot, particularly China, and is fueling much
of the growth. However, we also notice that more coatings firms are becoming bullish on Eastern Europe,
particularly Russia and the Middle East is also
becoming more ripe for growth opportnities with an
increase in capital expenditure in the region.
On the acquisition front it was an exciting year.
Coatings headlines were dominated by AkzoNobel’s
takeover of ICI and PPG’s acquisition of SigmaKalon.
Last year ICI was ranked third in our report and
SigmaKalon tenth. Akzo has a firm hold on the number one spot, while PPG jumped to third past
Sherwin-Williams and is now neck and neck with
number two Henkel.
These blockbuster deals, along with many other,
smaller transactions further contributed to the consolidation of the industy, a trend that will continue as
we move forward. While we can predict that the
tough business climate coatings companies are operating in today with sky-rocketing oil prices will only
get tougher, who knows what companies will be here
next year and which will not.
I would also like to note that you may notice the design
of this year’s report has changed as has the number of
companies we are reporting on in print. We hope this
new design offers you a more concise and focused look at
the major coatings companies across the globe. But
please tune in to our online edition where you will find
information on many other companies.
-TIM WRIGHT • EDITOR
1. AkzoNobel (The Netherlands)
$13.4 billion
11. Nippon Paint (Japan)
$2.15 billion
2. Henkel (Germany)
$10.3 billion
12. Sika (Switzerland)
$2.1 billion
3. PPG (USA)
$10.2 billion
13. Masco (USA)
$1.53 billion
4. Sherwin-Williams (USA)
$6.5 billion
14. Jotun (Norway)
$1.5 billion
5. DuPont (USA)
6. BASF (Germany)
7. RPM (USA)
8. Valspar (USA)
9. 3M (USA)
10. Kansai Paint (Japan)
$4.3 billion
$3.6 billion
$3.3 billion
$3 billion
$2.5 billion
$2.18 billion
15. H.B. Fuller (USA)
16. DAW (Germany)
17. Comex (Mexico)
18. Hempel (Denmark)
19. Asian Paints (India)
20. Beckers (Norway)
$1.4 billion
$1.34 billion
$1.3 billion
$1.27 billion
$1.2 billion
$1.15 billion
