Coatings and paints global market share by company 2021

In 2021, Sherwin-Williams and PPG Industries were the main paint and coatings companies worldwide, each with a market share of approximately 11.2 percent. These two U.S.-based companies are particularly dominant in the North American market. Meanwhile, the European paint and coatings market, is led by the Dutch multinational AkzoNobel.

Sherwin-Williams

Sherwin-Williams is a paint and coatings company headquartered in Cleveland, Ohio. The company was established in 1886 and was responsible for the introduction of the first ready-mixed paint to the market. In 2020, it generated a revenue of over 18 million U.S. dollars, up from 11 million dollars half a decade earlier. Sherwin-Williams employed some 61 thousand people in 2020.

PPG Industries

PPG industries was founded in 1883 in Pittsburg, Pennsylvania as a plate glass manufacturer and expanded into the paints market by the end of 1900. Today, the company is a global supplier of paints, coatings, and specialty materials. PPG Industries’ revenue grew from 11.2 million U.S. dollars in 2010 to 16.8 million dollars in 2021. In that latter year, the number of employees of PPG industries stood at 49.3 thousand.