TOP
COMPANIES
REPORT
To say 2009 was a tough year for the paint and coatings industry doesn’t even begin to put into perspective the hardship felt throughout the supply chain. Spurred by the global recession, revenue plunged across the board in the double-digit ranges.
From the leading multinationals to smaller regional players, no paint firm was immune.
Twenty- to thirty-year industry veterens told me the sales drops were unprecedented, the
likes of which they had never seen before and hope to never see again.
As we go to press we’re well into the new year and business is much healthier. Looking at
the Top Companies for fiscal 2009, not much has changed in terms of who the key players
are. Rohm and Haas is gone, its powder business now in the hands of AkzoNobel; Wattyl will
be appearing for the last time, its acquisition by Valspar recently announced; and it’s likely
that this report could be Freeworld Coatings’ curtain call as well.
-Tim Wright
Editor
2010 Top 20
01 AkzoNobel • 02 PPG • 03 Henkel • 04 Sherwin-Williams • 05 DuPont
06 RPM • 07 BASF • 08 Valspar • 09 Kansai Paint • 10 Nippon Paint
11 Sika • 12 Jotun • 13 3M • 14 Masco • 15 DAW
16 HB Fuller • 17 Comex • 18 Hempel • 19 Beckers • 20 Asian Paints
