The latest ranking of the top ten coating companies in the world in 2021

In 2021, the global coatings market size will be approximately US$174.

The urbanization process and the continuous development of engineering construction, especially in the Asia-Pacific region, the momentum is more obvious, thus promoting the development of the coatings industry

In addition, the automotive manufacturing industry has also promoted the development of the coatings industry.

In terms of coating technology, the formulation design has continued to innovate, in line with market demand, and has made achievements in technologies such as anti-corrosion, low VOC, and nano-modification

The top ten global coatings companies in 2021 are ranked as follows:

1 Sherwin-Williams: $19.

Founded in 1866, it has gradually developed into a global leader in manufacturing, R&D, and distribution of coatings and related products.
Its headquarters is located in Cleveland, Ohio, USA.
The company implements different sales strategies according to its different brand products.
For example, branded products are sold through specialty stores, and other products are sold through channels such as large supermarkets, home improvement centers, paint manufacturers, hardware stores, auto retailers, and industrial distributors
.
With more than 60,000 employees, Sherwin-Williams High Performance Coatings Group provides timely and efficient solutions in construction, industry, packaging, transportation and other industries in more than 120 countries and regions around the world
.
Its brands include: Sherwin-Williams®, Valspar®, Purdy®, Dutch Boy®, Krylon®, Minwax®, Thompson's® Water Seal®, Cabot® and more
.

Company Leadership: John G.
Morikis, President and CEO, Allen J.
Mistysyn, Senior Vice President and CFO, Justin T.
Binns, Senior Vice President, Jane M.
Cronin, Senior Vice President, Mary L.
Garceau, Senior Vice President, Thomas, Senior Vice President P Gilligan, Senior Vice President James R.
Jaye, Consumer Brand President Todd D.
Rea, Americas President Heidi G.
Tetz, Global Supply Chain Consumer Brand President and General Manager Joseph F.
Sladek, Senior Vice President Bryan J.
Young,
etc.

Memorabilia

On October 22, 2021, Sherwin-Williams held a ground-breaking ceremony for a new global R&D center.
The center is located in Brecksville, Ohio.
It integrates chemists, engineers, technical service personnel and support teams to create a first-class R&D center to carry out product development, Coating research, color technology, process innovation,
etc.

Founded in 1883, PPG has a 139-year history of development.
It is one of the Fortune 500 companies and ranks 209th.
Its global headquarters is located in Pittsburgh, Pennsylvania, USA, its Asia-Pacific headquarters is located in Hong Kong, China, and its European headquarters is located in Switzerland and Latin America.
Headquartered in Brazil
.
PPG is a global supplier of coatings, special materials and other fields.
With its excellent research and development, sustainable development and color research, PPG helps users to solve more problems in industrialization, transportation, consumer goods, construction engineering, market services, etc.
The solution improves the surface treatment performance
.
There are currently about 50,000 employees
.

Company leadership: Chairman and CEO Michael H.
McGarry, Senior Vice President and General Counsel Anne M.
Foulkes, Executive Vice President Tim M.
Knavish, Executive Vice President Rebecca Liebert, Senior Vice President and CFO Vincent J.
Morales,
etc.

Memorabilia

On December 21, 2021, PPG announced an investment of $2.
7 million to expand its powder coatings plant in the Sumaré region of Sao Paulo, Brazil, increasing the plant's powder coatings production capacity by approximately 40% to meet the needs of the Brazilian and other South American markets.
demand
.

On July 26, 2021, PPG announced a 40% increase in paint production capacity at its Delaware, Ohio, U.
S.
, U.
S.
, U.
S.
, Delaware, U.
S.
, facility for hall topcoats
.

On June 17, 2021, PPG announced the expansion of European packaging coatings production capacity, involving the renovation and upgrading of factories in the Netherlands, Poland and other places
.

On June 10, 2021, PPG announced the completion of the acquisition of Tigurira
.

On February 22, 2021, PPG announced the completion of the acquisition of VersaFlex, a protective coatings company specializing in polyurea coatings, epoxy coatings, polyurethane coatings, etc.
, mainly used in water treatment facilities, floors, transportation facilities and other industrial installations
.

AkzoNobel has a long history of development.
Its main products include automotive coatings, marine coatings, architectural coatings, special coatings, wood coatings, powder coatings, etc.
Its brands include: Dulux, International, Sikkens and Interpon etc.
, widely recognized by global users, the company is headquartered in Amsterdam, the Netherlands, with branches or institutions in more than 150 countries and regions around the world, and currently employs more than 32,000 people
.

Company Leadership: CEO Thierry Vanlancker, Chief Financial Officer Maarten Vries, Executive Board Member and Head of Human Resources Joëlle Boxus, Executive Board Member and General Counsel Hilka Schneider, Executive Board Member and Chief Production Officer David Prinselaar, Executive Board Member Member and Chief Commercial Officer Michael Friede, Executive Committee Member and Chief Supply Chain Officer Karen-Marie,
etc.

Memorabilia

On July 27, 2021, AkzoNobel announced that it will continue its partnership with Mercedes-Benz China and Indonesia for the next four years to provide Mercedes-Benz with refinish paint and supporting services
.

On July 15, 2021, AkzoNobel announced that automotive coatings have made technological breakthroughs in the innovative research and development of in-vehicle radar induction anti-shielding to improve the safety of car driving
.

On July 13, 2021, AkzoNobel celebrated the 50th anniversary of its Resicoat brand
.

On June 8, 2021, AkzoNobel announced that it has installed a total of approximately 8,000 solar panels and equipment at its factories in China, two in Shanghai and Guangzhou, helping the company accelerate the halving of carbon emissions by 2030 plan
.

On March 31, 2021, AkzoNobel announced the acquisition of Qla in the field of coating technologyyers company shares
.

On March 20, 2021, AkzoNobel announced the completion of the acquisition of Industrias Titan SAU, a Spanish coatings company, to strengthen AkzoNobel's influence in the Spanish coatings market
.

On February 4, 2021, AkzoNobel announced the opening of a new R&D center in Italy to facilitate the development of low-temperature curing technology for powder coatings
.

Nippon Paint was established in Tokyo, Japan in 1881.
The founder, Moteki Jujiro, is currently the largest paint manufacturer in Asia, with its headquarter located in Osaka
.
Nippon Paint initially started in Japan and gradually developed into a world-leading international paint manufacturer with more than 20,000 employees
.
The company adheres to the business philosophy of innovation, service and leadership, and highlights the operational characteristics of Nippon Paint Co.
, Ltd.
by promoting the harmonious coexistence of human beings, nature and society
.

Company leadership: Chairman Goh Hup Jin, Chairman Manabu Minami, Independent Director Hisashi Hara, Independent Director Takashi Tsutsui, Independent Director Toshio Morohoshi, Independent Director Masayoshi Nakamura, Independent Director Masataka Mitsuhashi, Independent Director Miharu Koezuka,
etc.

Memorabilia

On October 20, 2021, Nippon Paint announced the acquisition of Cromology, a decorative coatings company in Western Europe
.

On March 29, 2021, Nippon Paint and Toyota jointly developed decorative coatings to enhance the design and color solutions of photovoltaic modules
.

Founded in 1947, Lipamax is an international holding company headquartered in Ohio, USA.
Its subsidiaries produce and sell high-performance coatings, sealants and other specialty chemicals.
Currently, there are about 15,000 employees in 26 companies around the world.
124 factories in 10 countries and regions
.
Its products are sold in about 170 countries and regions, and its industrial brands include: Tremco, Carboline, Universal Sealants, Stonhard, RPM/Belgium, Euco, Day-Glo, Dryvit; consumer brands include: Zinsser, Rust-Oleum, DAP, Varathane, Testors
.
The company covers four major business areas, including construction, high-performance coatings, consumer,

Company leadership: Chairman and CEO Frank C.
Sullivan, Executive Vice President and CFO Kirkland B.
Andrews, Executive Vice President and Head of Human Resources Elizabeth F.
Whited, Chief Strategy Officer Julie A.
Lagacy,
etc.

Memorabilia

On September 7, 2021, Lipamer announced the acquisition of ChampionX, a chemical manufacturing plant located in Texas, USA
.

On August 2, 2021, Lipamer announced the acquisition of Pure Air Control Services, Inc.
, an indoor air quality control services company.

On March 29, 2021, Lipamer announced the acquisition of Bison Innovative Products, a flooring system manufacturer
.

Diamond Coatings was established in 1926 and its headquarters is located in Des Moines, the capital of Iwada, USA
.
In addition to the leading products of architectural coatings, the company also owns industrial coatings, aerosols, wood coatings, automotive coatings, road marking coatings, etc.
It is also the largest manufacturer of protective coatings in the United States
.
The company's products are mainly used in aviation, aircraft maintenance, ships, shipping, heavy anti-corrosion and other fields.

Company leadership: Chairman and CEO Drew Vogel, President Jeff Powell, Vice President and General Counsel Meika Vogel, Vice President and Marketing Strategic Relations Doug Vogel, Vice President and Business Development Relations Mark Vogel,
etc.

As a world-leading chemical company, BASF adheres to the concept of coordinated development of environmental protection, social responsibility and business performance, and currently has about 110,000 employees
.
The company has subsidiaries and joint ventures, 6 integrated production bases and 390 other production bases in more than 80 countries and regions around the world
.
The company is headquartered in Ludwigshafen, Germany
.
It mainly includes six business segments: chemicals, functional materials, industrial solutions, surface technology, nutrition and health care, and agricultural solutions
.

Company leadership: Chairman of the Board Martin Brudermüller, Vice Chairman of the Board and CFO and CDO Hans-Ulrich Engel, Director Saori Dubourg, Director Michael Heinz, Director Markus Kamieth, Director Melanie Maas-Brunner,
etc.

Memorabilia

On November 29, 2021, BASF has established a new project division to integrate and accelerate its extensive cross-company projects to achieve the goal of reducing CO2 emissions by 25% by 2030 compared to 2018 and net-zero global CO2 emissions by 2050
.

On November 19, 2021, BASF announced that it signed a cooperation agreement with Star Chase Mongolia Co.
, Ltd.
, a wholly-owned subsidiary of Weixing Group, in Mongolia
.
Under the agreement, the latter will become the authorized importer of BASF Coating Solutions in Mongolia, supplying its repair network with high-quality solutions from BASF's premium refinish brand Glasurit®
.

On November 2, 2021, BASF announced the establishment of the Engineering Plastics Innovation Center (EPIC) in Ansan, South Korea
.
The new R&D facility includes the combined R&D team and comprehensive R&D capabilities of the former Solvay polyamide business and BASF, as well as a Consumer Electronics Competence Center (CECC)
.

On September 27, 2021, BASF announced that it signed a memorandum of understanding with Sanyo Chemical Industry Co.
, Ltd.
to reach a strategic cooperation on PUD development
.
The two parties aim to jointly develop and produce innovative products that make an important contribution to sustainable development
.
The newly developed technologies and products will enter the global market through the global production network of both parties
.

On September 16, 2021, BASF and CATL New Energy Technology Co.
, Ltd.
(hereinafter referred to as "CATL") announced the establishment of a strategic partnership in the field of battery material solutions
.
The collaboration includes cathode active material (CAM) and battery recycling, and aims to develop a sustainable battery value chain to drive CATL's localization in Europe and help achieve global carbon neutrality goals
.

On June 30, 2021, BASF announced that it had completed the divestiture of its global pigments business
.
Fine chemical products company DIC acquired the business on a cash and debt-free basis for 1.
15 billion euros
.

On April 27, 2021, BASF announced the official launch of the third phase of the Shanghai Innovation Park, and established the Asia Open Research Network (NAO) Academic Advisory Committee to further enhance the innovation capabilities of the Asia-Pacific region
.

Axalta was founded in 1886 and is headquartered in Philadelphia, USA
.
The company is committed to the field of coatings, providing users with innovative, colorful and sustainable solutions.
At present, Axalta has about 13,000 employees with a history of more than 150 years, serving more than 100,000 customers in 130 countries and regions around the world.
Users provide the best quality coating products and solutions
.

Company Leadership: Chairman William Cook, Chief Executive Officer Robert Bryant, Director Steven M.
Chapman, Director Tyrone Michael Jordan, Director Deborah Kissire, Director Elizabeth Lempres, Director Robert M.
Mclaughlin, Director Rakesh Sachdev, Director Samuel Smolik
.

Memorabilia

On September 15, 2021, Axalta announced the completion of the acquisition of U-POL, a refinish paint company, to strengthen the company's position in the refinish paint market and help the company develop further
.

On May 5, 2021, Axalta announced the completion of the expansion project of its water-based coatings factory in Jiading District, Shanghai
.

On March 3, 2021, Axalta announced the opening of a new refinish training center in Guangzhou
.

Founded in 1918 and headquartered in Osaka, Japan, it is currently one of the largest paint manufacturers in Japan, with more than 15,000 employees, and occupies a major position in India, China and Southeast Asia.
There are factories in the Middle East
.
Its core businesses include automotive coatings, industrial coatings, decorative coatings, marine and protective coatings
.

Company Leadership: Company President Mori Kunishi
.

Founded in 1942, Asian Paints is the largest paint company in India and the third largest paint company in Asia, with its headquarters in Mumbai, India
.
Asian Paints is the holding company of Berger International
.
The company offers a variety of solutions for automotive refinishing under the brands: Apca, Aspa, Autobasic, Bilux, Deltron
.

Company leadership: Ashwin Dani, Chairman of the Board, Manish Choksi, Vice Chairman, Amit Syngle, CEO, Abhay Vakil, Director,
etc.

Editor: E Zhongmin

Data source: WPCIA

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