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Paint and Coating Market ReportsGlobal Top 10 and PCI 25

The 2024 Global Top 10: No. 5 RPM International Inc.

No. 5 RPM International Inc.

Image courtesy of RPM.

PCI-0724-Global10-Feature-1170.png
No. 5 RPM International Inc.
PCI-0724-Global10-Feature-1170.png
July 8, 2024

No. 5 RPM International Inc.

Medina, OH

330/273.5090

President/CEO: Frank C. Sullivan

www.rpminc.com

2023 Coatings Sales: $7.3 billion for fiscal year ended May 31, 2023

 

RPM owns subsidiaries that are world leaders in specialty coatings, sealants, building materials, and related services across four segments.

RPM’s Construction Products Group is comprised of businesses that manufacture construction sealants and adhesives, coatings and chemicals, roofing systems, concrete admixture and repair products, building envelope solutions, insulated cladding and concrete forms, flooring systems, and waterproofing solutions. They are used for construction, maintenance and restoration of various industrial, commercial, and infrastructure applications. Leading brands include Tremco, Flowcrete, Euclid Chemical, Nudura, and Dryvit. The group’s products are sold to distributors, contractors and end users over a large geographic footprint that spans approximately 130 countries and territories. The Construction Products Group generates about 36% of RPM’s net sales.

RPM’s Performance Coatings Group provides construction, maintenance, and restoration products, including high-performance flooring solutions, corrosion control and fireproofing coatings, fiberglass-reinforced plastic grating, and drainage systems for industrial and commercial use. Leading brands include Stonhard, Carboline, and Fibergrate. Its products are sold worldwide to contractors and distributors, as well as directly to end users with a unique supply-and-apply model serving manufacturers, public institutions, and other commercial customers. The Performance Coatings Group generates approximately 18% of RPM’s total sales.

RPM’s Consumer Group includes businesses that make small-project paints and coatings, primers, caulks and sealants, hobby and craft products, wood stains and finishes, wall and wood repair products, and household cleaners and stain removers that are used by professionals and do-it-yourselfers for home maintenance and improvement. Leading brands include Rust-Oleum, DAP, Zinsser and Varathane. Its products are marketed primarily in North America, with an increasing presence in Europe, Australia, South Africa, and South America. Sold through home improvement centers, hardware and paint stores, mass merchants, and craft shops, these brands can be found on nearly every garage or basement shelf throughout the United States and Canada. The Consumer Group generates approximately 35% of RPM’s net sales.

RPM’s Specialty Products Group is comprised of businesses that produce fluorescent pigments, wood stains, finishes and treatments, powder coatings, marine coatings, restoration and cleaning solutions, edible coatings, and other specialty OEM coatings. Leading brands include DayGlo, Legend Brands, TCI, and Kop-Coat. Its products are marketed primarily in the United States, with a growing presence throughout Europe. They are sold to contractors and distributors, as well as directly to end users such as manufacturers, public institutions, and other commercial customers. The Specialty Products Group generates about 11% of RPM’s total sales.

Parent Company: RPM International Inc.

Notes: RPM continues to be active in pursuing acquisitions of successful entrepreneurial companies and product lines that complement its portfolio of specialty coatings, sealants, and construction chemicals businesses. Over the last 30 years, RPM has completed more than 175 acquisitions, with more than 60 of these transactions being completed during the last decade. RPM completed six strategic business acquisitions in fiscal 2023.

In January of 2023, RPM appointed Andrew G. Polanco as Vice President, Manufacturing, replacing Gordon M. Hyde, who retired.

In March of 2023, RPM announced a partnership with Cleveland State University for a new environmental graduate education program and career placement. The partnership will provide world-class graduate-level education at discounted rates for three current environmental graduate programs: Master of Arts in Environmental Studies, Master of Science in Environmental Engineering, and Master of Science in Environmental Science.

In October of 2023, RPM acquired leading panelized wall systems fabrication business, NOW Specialties, LLC, and is now part of RPM’s Tremco Construction Products Group.

Source: Company contact, 2023 Annual Report, press releases

 

KEYWORDS: financial reports Paint and Coating Manufacturers sales

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