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Paint and Coating Market ReportsGlobal Top 10 and PCI 25

2022 PCI 25: Top Paint and Coatings Companies

Annual Ranking of Top Paint and Coatings Companies

By Karen Parker
PCI-25-Logo-2022-1170.jpg
July 20, 2022

The following is PCI’s annual ranking of the top 25 North American paint and coatings manufacturers. The ranking is based on 2021 coatings sales. Sales of non-coating products are not included. Sales numbers for coatings companies in the United States and internationally were universally up compared to 2020, as companies bounced back from the impacts of the COVID-19 pandemic. Read more about changes in the industry during 2021 in Karen Parker’s Viewpoint. If you have any questions, or feel your company should be included in this ranking, please contact Parker at parkerpcimag@gmail.com.

 

The PCI 25

 

Following is a ranking of the top 25 North American coatings manufacturers in 2022. Rankings are based on 2021 coatings sales. Sales of other, non-coating products are not included.

 

1. PPG Pittsburgh

Coatings Sales: $16.8 billion

View Details

 

2. The Sherwin-Williams Co.

Coatings Sales: Approx. $15.96 billion

View Details

 

3. RPM International Inc.

Coatings Sales: $6.1 billion for fiscal year ended May 31, 2021

View Details

 

4. Axalta Coating Systems

Coatings Sales: Approx. $4.4 billion

View Details

 

5. Behr Paint Co.

Coatings Sales: Approx. $2.51 billion

View Details

 

6. Benjamin Moore & Co.

Coatings Sales: $991 million (as estimated on Dun & Bradstreet website)

View Details

 

7. Innovative Chemical Products (ICP) Group

Coatings Sales: $824 million

View Details

 

8. Shawcor Ltd.

Coatings Sales: Approx. $478 million

View Details

 

9. Lanco Paints & Coatings (Blanco Group)

Coatings Sales: $350 million

View Details

 

10. Kelly-Moore Paint Co., Inc.

Coatings Sales: Approx. $342 million

View Details

 

11. Cloverdale Paint Inc.

Coatings Sales: Approx. $337 million (combined)

View Details

 

12. Diamond Vogel

Coatings Sales: $190 million

View Details

 

13. Tnemec Company, Inc.

Coatings Sales: $158.5 million

View Details

 

14. Yenkin-Majestic Paint Corp.

Coatings Sales: $150 million

View Details

 

15. Hentzen Coatings Inc.

Coating Sales: $125-$135 million

View Details

 

16. True Value Company

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

View Details

 

17. IFS Coatings Inc.

Coatings Sales: $100-125 million

View Details

 

18. Gemini Industries

Coatings Sales: Over $90 million

View Details

 

19. Sheboygan Paint Co.

Coatings Sales: $55 million

View Details

 

20. Farrell-Calhoun Inc.

Coatings Sales: $54 million

View Details

 

21. APV Engineered Coatings

Coatings Sales: $37.3 million

View Details

 

22. H-I-S Paint Manufacturing

Coatings Sales: $27-29 million

View Details

 

23. Richard’s Paint Mfg. Co. Inc.

Coatings Sales: $27.1 million

View Details

 

24. Fortech Products Inc.

Coatings Sales: $20 million

View Details

 

25. NAPCO Ltd.

Coatings Sales: $10-15 million

View Details

 

Honorable Mentions

 

Induron Coatings, Inc.

Coatings Sales: Unavailable

View Details

 

ELANTAS PDG, Inc.

Coatings Sales: Unavailable

View Details

 

Vista Paint

Coatings Sales: Unavailable

View Details

 

Midwest Industrial 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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Mark
August 18, 2022
Thank you for sharing this list Sherwin-Williams is the world's largest paints and coatings corporation by revenue, with three divisions: the Americas Group, Consumer Brands Group, and Performance Coatings Group. The Americas Group maintains Sherwin-Williams paint stores throughout the United States, Canada, and the Caribbean. Regards, Waco

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