Top 100 Paint Companies In The World (2024)

Paint manufacturers rank among the top industries in the world. The top paint companies in the world often rake in billions of dollars in revenue and employ people by the thousands. As strange as it may sound, some of these companies are industry leaders in research and development of new chemicals.

The reason for this advancement in technology is that they are trying to outdo each other for product durability.

Paint companies become big because they gain a reputation for making quality products that stand the test of time. It is that foundation that helps build the brand identity that creates a great company.

Top 100 Paint Companies In The World

1. Sherwin-Williams Company

Sherwin-Williams Company is a multinational paints and chemicals company. It was established in 1873, and is still based in Cleveland, Ohio. Sherwin – Williams is the most recognizable brand when it comes to paints; the company’s slogan is “Covering The World.”

The company also makes industry specific coatings and floorcoverings. The company’s products are used for professional, industrial and commercial purposes.

Sherwin-Williams Company has sizable market-shares in the markets of North and South America, as well as Europe. The company has operations in over 120 countries. It has a market capitalization of 62.886 Billion USD, and 64,366 employees.

2. BASF SE

BASF SE was established on 6 April 1865. The full name of the company is Badische Anilin und Sodafabrik which translates to ‘Baden Aniline and Soda Factory.’ BASF SE was established as a dye maker. The founder Friedrich Engelhorn was an engineer who had done gas works which produced tar as a bye product.

He discovered that tar was an effective dye, and set up this factory to produce more dyes so as to gain a larger share of the market.

The company grew much larger than even he could have imagined; it is now a multinational company with subsidiaries and joint ventures in more than 80 countries. The company has over 111,047 employees, and has a market capitalization 72.387 Billion USD.

3. DOW Inc

DOW Inc is a paint and chemicals producer which was established in 1897 by Herbert Henry Dow; a chemist and entrepreneur. He initially only sold bleach; and became famous around the world for this product.

The company attracted envy; a group of British industrialists tried to drive him out of business by cutting their prices; he responded by diversifying his market, while also cutting prices.

DOW Inc has done some corporate reorganization with fellow industry giant DuPont; and has solidified its position as one of the world’s leading paint and chemical maker. The company has US$60.60 billion in assets, and over 37,800 employees.

4. Asian Paints

Asian Paints is an Indian paint making giant which was established in 1942, and which is headquartered in Mumbai, India. Asian Paints was established at a very fluid period in India’s politics, and profited from a temporary ban on foreign paint imports as the country tried to establish economic independence.

The company became very profitable very quickly; and established itself as the biggest in the country. By the 1990’s the company started expanding beyond India, and that is where trouble came in as the founding families started fighting among themselves.

The company now has ten manufacturing plants in India, as well as locations in, Sri Lanka, Nepal, Bangladesh, Indonesia, Fiji, Samoa Islands, Vanuatu, Solomon Islands, Oman, Bahrain, UAE, Egypt, and Ethiopia.

5. PPG Industries

PPG Industries stands for Pittsburg Paints and Glass; and the company was established in 1883, in Creighton, Pennsylvania, which is close to the actual Pittsburg. By revenue, this is the biggest paint company in the world, although it falls slightly behind when it comes to the number of countries it has operations in.

PPG Industries is publicly traded, and is a component of the S&P 500. The company has 52,000 people on its payroll, and its products are used throughout the world.

PPG Industries produces, paints, glass, sealants, coatings, and so many other products.

6. RPM International

RPM International is an American paint and chemical manufacturer; the company was established in 1947, and has its headquarters in Medina, Ohio, USA. The company makes paint, sealants, coatings, industrial coatings, and other such products.

The company is publicly traded; it is traded on the NYSE as RPM, and is a component of the S&P 400. The company’s shares are some of the most highly sought after because of a strong company culture, and a steady disbursement of dividends.

RMP International has over 15,500 employees, and 122 establishments in several locations of the world.

7. AKZO Nobel

AKZO Nobel is a Dutch multinational paint, coatings, and chemical manufacturer. It is one of the biggest Dutch companies. The company was established in 1969, and is headquartered in Amsterdam, Netherlands.

AKZO Nobel has operations in over 150 countries, and has total assets of more than €14.741 billion. The company has 35,200 employees, across all its locations, and produces the Dulux brand of paints which is famous around the world.

AKZO Nobel is one of the biggest paint makers in the world; by revenue it is among the top 3.

8. Berger Paints India

Berger Paints India is an Indian multinational paint maker; the company is one of the most notable on the continent, and in the world. Berger Paints India was established in 1923, and its headquarters is in Kolkata, West Bengal, India.

The company has an interesting history; it was started by an Englishman named Louis Berger, but the company was then moved to India where it grew and then was incorporated on its own. Now, this company has operations in India, Pakistan, Bangladesh, Russia, Nepal, and Poland. The company has 3600 employees.

9. SKSHU Paints

SKSHU Paints is a Chinese paints and coatings manufacturing company; it is located in Shanghai, China. The company produces dyes, as well as decorative paints, such as interior paints; architectural coatings, including floor paints, granite paints, and stone coatings.

The company has a market capitalization of $2.248 Billion US, and has a strong culture of research and development of new products; including waterproof paints and other such specialized products.

SKSHU Paints has several subsidiaries; and its products are widely used throughout Asia.

10. AXALTA Coating Systems

Axalta Coating Systems is an American paint making company; one that is more specialized in its product offerings. This company makes specialized coatings such as those used for light and commercial vehicles, as well as industrial coatings and such industrial products.

Axalta Coating Systems is a publicly traded company; it has a market capital of 5.663 Billion USD. The company also has a business presence in around 130 countries, and has around 13,000 employees.

The following is a more extensive report on the top 100 paint companies in the world.

Place	Company Name	Headquarters	Company Rank	Market Cap	Number of Employees
1	SHERWIN-WILLIAMS COMPANY	United States	225	62.886 Billion USD	64,366
2	BASF SE	Germany	350	45.124 Billion USD	111,047
3	DOW Inc	United States	466	US$60.60 billion (2022)	37,800
4	ASIAN PAINTS	India	472	$35.487 Billion USD	7,160
5	PPG INDUSTRIES	United States	567	29.783 Billion USD	52,000
6	NIPPON PAINT HOLDINGS	Japan Singapore	897	18.340 Billion USD	33,000
7	RPM INTERNATIONAL	United States	1,240	12.885 Billion USD	16,751
8	AKZO NOBEL	Netherlands	1,348	11.704 Billion USD	35,200
9	BERGER PAINTS INDIA	India	2,071	6.883 Billion USD	3,600
10	SKSHU Paints	China	2,277	8.224 Billion USD
11	AXALTA COATING SYSTEMS	Philadelphia, Pennsylvania, USA; Bermuda	2,453	5.663 Billion USD	12,650
12	KANSAI PAINT	Japan	4,268	2.833 Billion USD	16,459
13	KANSAI NEROLAC PAINTS	India	4,303	2.805 Billion USD	2,992
14	TOA PAINT	Thailand	5,575	1.924 Billion USD
15	FERRO CORPORATION	USA	6,693	1.804 Billion USD	5,922
16	KCC CORPORATION	South Korea	7,229	1.286 Billion USD	4,061
17	AKZO NOBEL INDIA	India	7,511	1.204 Billion USD	1,482
18	TAIKISHA	Japan	9,377	0.832 Billion USD	5,042
19	CHONGQING SANXIA PAINTS CO. LTD	China	14,596	0.359 Billion USD
20	CHUGOKU MARINE PAINTS	Japan	14,607	0.358 Billion USD
21	NOROO PAINT & COATINGS	South Korea	20,235	0.131 Billion USD
22	SHALIMAR PAINTS	India	20,964	0.113 Billion USD
23	CHOKWANG PAINT	South Korea	24,304	0.060 Billion USD
24	ROCK PAINT	Japan	21,415	0.104 Billion USD

The following is a more extensive report of large paint makers across the world; this report is not necessary accurate in terms of ranking.

Position	Name	Country	Number of Employees
1	Bristol Paints	Australia	500
2	Nuplex Industries Limited	Australia	1700
3	Wattyl	Australia and New Zealand	1500
4	Indigo Paints	India	650
5	Mysore Lac and Paints Limited	India
6	Corporação Industrial do Norte	Portugal
7	Crown Paints	England
8	Farrow & Ball	United Kingdom	550
9	Hammerite	United Kingdom
10	Humbrol	United Kingdom
11	ICI	United Kingdom	29,130
12	bito AG	Germany
13	Brighto Paints	Pakistani	600
14	Canadian Industries Limited	Canada
15	DYO Boya Fabrikaları Sanayi ve Ticaret A.Ş	İzmir, Turkey	734
16	Hempel Group	Lyngby, Denmark	6,700
17	Henkel AG & Co. KGaA	Düsseldorf, Germany	51,950
18	Herbol	Germany
19	Jotun	Norwegian	10,300
20	KCC Corporation	South Korea
21	KEIMFARBEN GMBH	Diedorf, Germany	450
22	Lechler	Italy	400
23	Nash Paints	Zimbabwe	500
24	NL Industries	Houston, Texas
25	Nova Color Artists Acrylic Paint	California, USA
26	Ripolin	France
27	Rangsazi Iran – Iran Paint Manufacturing Company	Tehran, Iran	150
28	Shawcor Ltd	Canadian	6000
29	Sika AG	Switzerland	27,059
30	Tambour	Israeli
31	Tikkurila Oyj	Finland	572
32	Zircotec	Oxford, England	50-100

Closing

The top paint companies in the world are some of the biggest employers in their respective countries. That means they contribute massively to their economies, and grow their commonwealth. It is not uncommon to see these companies expanding rapidly, and entering other countries and markets.