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Paint and Coating Market ReportsGlobal Top 10 and PCI 25

2021 PCI 25: Top Paint and Coatings Companies

Annual Ranking of Top Paint and Coatings Companies

By Karen Parker
pci 25
July 16, 2021

Following is a ranking of the top 25 North American coatings manufacturers in 2020. The ranking is based on 2020 coatings sales. Sales of other non-coating products are not included. Because of acquisitions, three companies on the list last year are not included this year. Most notably, Ennis-Flint, which was ranked #7 in last year's list, was removed due to its sale to PPG at the end of 2020. Also removed from the ranking are Sun Coatings Inc. (purchased by Innovative Chemical Products Group in January) and New Nautical Coatings Inc. (purchased by AkzoNobel at the end of 2020). Sales numbers for the top 25 remained relatively stable during 2020. Of the 27 companies on the list, eight companies reported increased sales, seven reported a decrease in sales, and the remainder reported sales similar to 2019. Read more about changes in the industry during 2020 in my Guest Viewpoint. If you have any questions, or feel your company should be included in this ranking, please contact me at parkerpcimag@gmail.com.

 

The PCI 25

 

Following is a ranking of the top 25 North American coatings manufacturers in 2020. Rankings are based on 2020 coatings sales. Sales of other, non-coating products are not included.

 

1. The Sherwin-Williams Co.

Coatings Sales: Approx. $14.69 billion

View Details

 

2. PPG

Coatings Sales (Net): $13.8 billion

View Details

 

3. RPM International Inc.

Coatings Sales: $5.5 billion for fiscal year ended May 31, 2020

View Details

 

4. Axalta Coating Systems

Coatings Sales: $3.7 billion

View Details

 

5. Behr Paint Co.

Coatings Sales: Approx. $2.37 billion

View Details

 

6. Innovative Chemical Products (ICP) Group

Coatings Sales: $700 million

View Details

 

7. Benjamin Moore & Co.

Coatings Sales: $692.3 million (as estimated on Dun & Bradstreet website)

View Details

 

8. Shawcor Ltd.

Coatings Sales: Approx. $426 million

View Details

 

9. Kelly-Moore Paint Co., Inc.

Coatings Sales: Approx. $325 million

View Details

 

10. Lanco Paints & Coatings (Blanco Group)

Coatings Sales: $300 million

View Details

 

11. Cloverdale Paint Inc.

Coatings Sales: Approx. $274 million (combined)

View Details

 

12. Diamond Vogel

Coatings Sales: $175 million

View Details

 

13. Yenkin-Majestic Paint Corp.

Coatings Sales: $150 million

View Details

 

14. Tnemec Company, Inc.

Coatings Sales: $134.7 million

View Details

 

15. True Value Company

Coating Sales: Corporate sales $1.5 billion; Paints/coatings approximately $125 million

View Details

 

16. Hentzen Coatings Inc.

Coatings Sales: $110-$120 million

View Details

 

17. ELANTAS PDG, Inc.

Coatings Sales: $110 million

View Details

 

18. IFS Coatings Inc.

Coatings Sales: $75-$100 million

View Details

 

19. Gemini Industries

Coatings Sales: Approx. $60 million

View Details

 

20. Sheboygan Paint Co.

Coatings Sales: $50 million

View Details

 

21. Farrell-Calhoun Inc.

Coatings Sales: $44.67 million

View Details

 

22. APV Engineered Coatings

Coatings Sales: $29.6 million

View Details

 

23. Richard’s Paint Mfg. Co. Inc.

Coatings Sales: $24 million

View Details

 

24. H-I-S Paint Manufacturing

Coatings Sales: $22 million

View Details

 

25. Fortech Products Inc.

Coatings Sales: $19.9 million

View Details

 

Honorable Mentions

 

NAPCO Ltd.

Coatings Sales: $10-15 million

View Details

 

Induron Coatings, Inc.

Coatings Sales: Unavailable

View Details
KEYWORDS: financial reports Paint and Coating Manufacturers sales

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Karen has been PCI’s Associate Editor since 2007. She is responsible for PCI’s weekly e-newsletter, as well as all of the departments in the magazine and the annual Global Top 10 and PCI 25.

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