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World Top ten Paints Companies 2014 Annual Report
2015-01-14   Hits :4944    World Paint & Coatings Industry Association

(Published by WPCIA January 5, 2015 Washington)

Due to the huge demand in the construction industry, the global paints and coatings market is still growing. In 2014, sales of global paints increased 3.9%, reached to 43.38 million tons, with total sales of 85 billion pounds, about $ 132.3 billion. Regarding paint sales in 2014, architectural coatings industry sales is 21.69 million tons, account for 50% of sales amount, annual sales is $63.504 billion, accounted for 48% of total sales; industrial coating is 12.58 million tons, accounts for 29% of total sales, annual sales is $33.075 billion accounted for 25% of total sales. There were 14 companies with coating sales in excess of $1 billion in 2014; three companies had sales over $10 billion.

Paint and coatings market has been able to become more mature and grow rapidly, this mainly because of paint and coatings industry recovery from the 2008-2009 global recession, and a 5% average annual rate of growth is forecast through 201. This modest rate of advance is being propelled largely by the strong growth in the emerging economies of the Asia-Pacific region. Consumption in Asia-Pacific, particularly China and India, has surged and is up by about 50% in pounds from 2008.

The paints and coatings industry can be categorized into three markets: architectural/decorative, industrial OEM and special purpose coatings. Architectural coating is the largest segment followed by industrial coatings and special purpose coatings. The industrial coatings segment was driven by rise in industrial production and automotive OEM sector.

Geographically, Asia Pacific is still the largest consumer of paints and coatings, followed by Europe, North America and Latin America. In 2014, sales of the Asia-Pacific region account for 47%, as the largest in global painting sales. In Asia- Pacific region, sales of China is the largest, accounted for 58% of the Asia-Pacific coatings market, India accounted for 13%; Europe is the second largest paint consumption areas, accounting for 24% of total global sales. A mature 2% annual rate is forecast, with growth in Russia, Turkey and other Eastern European countries expanding faster. The usage amount of paint in North America accounted for 18%, and Latin America accounted for 6%.

Paint manufacturers are constantly introducing new and technologically advanced products in the market, and formulating products for specific customer applications, meeting customer delivery requirements and providing technical assistance to the customer in product application, new technology offerings and prices. Include Diamond Paints, PPG, SACAL and Sherwin-Williams are the leading companies. Companies are focusing on zero VOC (volatile organic compounds) and green paints that are particularly in high demand among the customers.

Demand, for paints and coatings, was highest from residential buildings, accounting for around 33.1% of the global demand in 2014. In 2014, increasing application scope of green coatings and nanocoatings market coupled with growing Middle East and North Africa paints and coatings market are expected to open opportunities for the growth of the market over the next few years.

Waterborne coatings are the most used paints and coatings across various end-users, were the major consumed paints and coatings in the market in 2014 and accounted for about 40% of the global demand. Solvent borne technologies were the second largest consumed paints and coatings in the market. They are expected to show decline within the forecast period owing to the environmental regulations associated with the VOCs. Powder coatings are expected to be the fastest growing over the forecast period due to rising demand from automotive, electronics and construction. Demand for other paints and coatings such as specialty coatings are likely to be steady due to a substantially higher demand from other paints and coatings in the near future.


1. AKZONOBEL (N.L.) www.akzonobel.com   $ 17.746 billion

2. PPG Industries (U.S.) www.ppg.com  $ 15.44 billion

3. SHERWIN-WILLIAMS (U.S.) www.sherwin-williams.com/  $ 11.54 billion 

4. Axalta (U.S.) www.axaltacoatingsystems.com/  $ 5.892 billion 

5. BASF (D.E.) www.basf.com  $ 4.982 billion 

6. RPM Inc (U.S.) www.rpminc.com  $ 4.3784 billion 

7. DIAMOND Paint (U.S.) www.diamondpaint.us  $ 4.361 billion 

8. VALSPAR (U.S.) www.valspar.com  $ 4.357 billion 

9. SACAL (U.K.) www.sacalpaint.com  3.774 billion 

10. NIPPON Paint (J.P.) www.nipponpaint.co.jp  $ 3.234 billion



Company Profile: 
AkzoNobel is a leading global coatings company and a major producer of specialty chemicals. AkzoNobel’s portfolio includes well-known brands such as Dulux, Levis, International and Eka. The company is consistently ranked as a leader in the area of sustainability. With operations in more than 80 countries, the company has more than 50,000 employees.

Amsterdam, the Netherlands,
PO Box 9300
Tel: +31-20-502-7555
Fax: +31-20-502-7666
Website: www.akzonobel.com
Main sale data in 2014:
Coatings sales: $ 17.746 billion
Number of employees: 55,800
Coatings Sales: 1.987 billion liters
Sales amount distributing in different region: Europe 31%,Americas 30%,Asia Pacific 32%,in other regions 7%
Board member:
Hans Wijers: Chief Executive Officer and Chairman of the Board of Management 
Keith Nichols: Chief Financial Officer 
Leif Darner: Board member responsible for Performance Coatings 
Tex Gunning: Board member responsible for Decorative Paints 
Rob Frown: Board member responsible for Specialty Chemicals 
Main development area: 
- First is still European area decoration paint business development.
- Next is consolidating leadership position in global powder coating market.
- Enlarges to the Chinese market input and market share growth.
Market Positioning: 
Top 3 in Europe: decorative paint, repair paint, powder coating.
The world's best-selling paint: powder coatings, wood coatings, coil coatings, marine protective coatings, aerospace coatings.
European markets selling paint: decorative coating. 
Asia-Pacific market and the North American market selling coatings: decorative paints, wood coatings. 
January 7, 2014, AkzoNobel has completed the sale of its Primary Amides chemicals business to PMC Group effective December 31, 2014. Financial details were not disclosed. Under the terms of the agreement, a manufacturing facility in Kyungju, South Korea, and all 37 employees will transfer to PMC Group with immediate effect. Primary Amides products are used primarily in the polymer industry to create plastics bags and plastic films for packaging. 

June 23, 2014, AkzoNobel is investing more than €6.5 million in its Songjiang site near Shanghai to expand an existing research center by adding a dedicated facility for the company’s Performance Coatings businesses. Once completed in June 2015, the new development and application center will add capability and capacity to serve growing demand throughout Asia for innovative solutions targeted at the packaging, coil, specialty finishes and powder coatings markets. When fully operational, the new laboratory will be Performance Coatings’ second largest research and development base after Felling in the UK.

August 7, 2014, AkzoNobel creates the world's first fully compostable and recyclable paper cup. The company's new pioneering coatings technology EvCote™ Water Barrier 3000 – which itself is made from plant-based oils and recycled PET bottles – restaurants can now select a more sustainable paper cup to serve their cold drinks in. These cups don’t require any modification in the current recycle stream or special handling and are fully compostable and recyclable.

August 20, 2014, AkzoNobel today broke ground on its new Decorative Paints site in Chengdu, capital city of Sichuan Province, China. The facility is part of an investment in excess of €50 million to build manufacturing facilities for both Powder Coatings and Decorative Paints.

September 11, 2014, AkzoNobel has been ranked number one on the influential Dow Jones Sustainability Index (DJSI) for the third consecutive year. It's the ninth year running that AkzoNobel has been ranked in the top three and Büchner says the consistent performance underlines AkzoNobel’s fierce determination to effectively implement its Planet Possible strategy.

October 3, 2014, AkzoNobel Performance Coatings has launched an innovative, bright metallic powder coating that provides a sustainable and cost-effective alternative to chrome plating on Interpon Cr, part of AkzoNobel's Interpon powder coatings range, combines a chrome-like finish with the proven performance of a two-coat powder coating for applications such as furniture, lighting and other interior fixtures. The unique combination of a highly reflective base coat layer with a clear top coat also offers outstanding resistance to finger marking.

October 24, 2014, AkzoNobel has started operations at its state-of-the-art vehicle refinishes plant in Changzhou, Jiangsu, China - the company's 30th manufacturing facility in the country. The new factory adds around 25 million liters of capacity for Sikkens, Lesonal and Prime vehicle refinishes products and strengthens AkzoNobel’s position as one of the leading players in China's vehicle refinishes and commercial vehicle OEM markets, building on its acquisition of Changzhou Prime Automotive Ltd. in 2010.

November 4, 2014, AkzoNobel has started operations at its new Powder Coatings plant in Dubai. The facility will significantly increase capacity for the company’s Interpon and Resicoat products. The state-of-the art site is AkzoNobel’s sixth manufacturing plant in the Middle East and its 30th producing powder coatings around the world. "This investment will further boost AkzoNobel’s position in the Middle East and strengthen our ability to serve the fast-growing regional powder coatings market," said Conrad Keijzer, AkzoNobel's Executive Committee member responsible for Performance Coatings.

As a leader in the field of sustainable development, in the coming days, AkzoNobel is convinced be able to implement the business strategy which exist for many years, to become a member of respectable society, and strive in all areas of the business to provide customers with sustainable development of innovative products.

In the coming days, AkzoNobel is convinced be able to implement the business strategy which exist for many years, to become a member of respectable society, become the first choice for customers, shareholders and employees.


China Headquarters: AkzoNobel Paints (China) Co., Ltd. Tel: Tel: +86-21-64680228

2. PPG

Company Profile:

PPG is the world’s leading manufacturer of transportation OEM and refinish coatings. PPG’s global coatings businesses comprise coatings for the aerospace, architectural, automotive OEM, automotive refinish, industrial, packaging, protective, and marine and specialty markets. The company serves customers in industrial, transportation, consumer products, and construction markets and aftermarkets. PPG's goal is continue to maintain its position as world's leading coatings and specialty products supplier status.
United States, Pittsburgh, Pennsylvania 15272 
Phone: +1-412-434-3131 
Fax: +1-412-434-2125
Website: www.ppg.com
Main sale data in 2014:
Coatings sales: $ 15.44 billion 
Number of employees: 40,800 
Coatings Sales: 1.793 billion liters 
Geographic Sales: Europe 22%,Americas 62%,Asia Pacific 10%,in other regions 6% 
Board Members:
Charles E. Bunch: Chairman and Chief Executive Officer 
J. Rich Alexander: Executive Vice President Performance Coatings 
Pierre-Marie De Leener: Executive Vice President, Architectural Coatings - EMEA, and President, PPG Europe 
Glenn E. Bost II: Senior Vice President and General Counsel 
Robert J. Dellinger: Senior Vice President, Finance and Chief Financial Officer 
Main development area:
- Major expansion of emerging markets in Asia Pacific high-performance coatings and architectural coatings 
- Ensure high performance coatings, including automotive paints, industrial coatings, including marine protection and aerospace coatings market in Europe and North America, steady growth.
Market Positioning: 
Europe: automotive coatings and other industrial coatings 
North America: automotive coatings, aerospace coatings and architectural coatings. 
Asia-Pacific market: architectural coatings, industrial coatings and automotive coatings. 
PPG Industries' goal is to continue to maintain its position as the world's leading coatings and specialty products supplier status. Company with excellent quality for basic survival, to address social challenges and market demand elasticity. History of long-term sustainable development, we will continue into the future. 

January 6, 2014. PPG Industries’ protective and marine coatings (PMC) business is celebrating the 20th anniversary of polysiloxane coatings, for which PPG was granted the first patent on Jan. 4, 1994. Tim Knavish, PPG vice president, protective and marine coatings, said polysiloxane coatings have revolutionized the protective and marine coatings industry, expanding into applications such as civil infrastructure, original equipment manufacturers (OEMs), government.

March 3, 2014. PPG Industries announced that it has completed its previously announced acquisition of substantially all of the assets of Hi-Temp Coatings Technology Co., Inc., a privately-owned supplier of high-temperature-resistant and insulative coatings. The acquisition enhances the product portfolio of PPG’s protective and marine coatings business, adding coatings that withstand extreme temperatures to protect both carbon steel and stainless steel substrates. The coatings are used widely in refineries, petrochemical plants, pulp and paper mills, and power plants.

May 1, 2014. PPG Industries’ building products group announced that DURANAR® coatings are being used to paint the 11-story podium portion of One World Trade Center, the 104-story skyscraper that will soon open as the centerpiece of the new World Trade Center complex in New York. Two colors of Duranar coatings – Bright Silver and Ozark Shadows – were specified for the project. Scott Moffatt, PPG market manager, building products, said PPG is pleased to have its coatings featured on such an iconic structure. “One World Trade Center will be recognized around the world as a symbol of America’s strength and resilience,” he said. “To have our products appear prominently on such a visible part of the building is an honor for PPG and its project 

June 12, 2014. PPG Industries announced that it has completed the previously announced acquisition of substantially all of the assets of Canal Supplies Inc. (CSI), a privately-owned, Panama-based distributor of protective and marine coatings to customers in Central America. Financial terms were not disclosed. “The acquisition of CSI enhances our ability to supply customers throughout Central America and meet growing demand for our protective and marine products in this growth market,” said Tim Knavish, PPG vice president, protective and marine coatings.

July 1, 2014, PPG Industries announced that its North American architectural coatings business has completed its acquisition of the Masterwork Paint Company, an independent architectural paint distributor headquartered in Pittsburgh. The acquisition of Masterwork’s 13-store network throughout Western Pennsylvania, Ohio and New York expands PPG’s company-owned stores footprint. Financial terms were not disclosed.

July 2, 2014. PPG Industries announced that its North American architectural coatings business has completed its acquisition of The Homax Group, Inc., a supplier of decorative wall and ceiling texture repair products, from Olympus Partners. Financial terms were not disclosed. Homax is the industry’s leading supplier of decorative aerosol drywall and ceiling texturing applications utilized primarily for home repair. In addition, it supplies various epoxy finishes, patching, caulking and mesh tape repair products, and other painting tools and accessories. 

October 31, 2014, PPG Industries announced that its North American architectural coatings business has completed its previously announced acquisition of Westmoreland Supply, an independent architectural paint distributor headquartered in Pittsburgh. The acquisition of Westmoreland Supply, which operates a 12-store network throughout Western Pennsylvania and West Virginia, expands PPG’s North American company-owned stores footprint. 

November 5, 2014, PPG Industries announced that it has finalized the acquisition of Consorcio Comex, S.A. de C.V. (“Comex”), an architectural coatings company with headquarters in Mexico City, in a transaction valued at $2.3 billion. This acquisition is the second-largest in PPG Industries’ history. Comex manufactures coatings and related products in Mexico and sells them in Mexico and Central America through more than 3,700 stores that are independently owned and operated by more than 700 concessionaires.

China Headquarters: PPG Management (Shanghai) Co., Ltd. Tel: 400 -820-2570


Company Profile:
Sherwin Group was founded in 1866, is engaged in the manufacture, distribution and sale of coatings and related products to professional, industrial, commercial and retail customers primarily in North and South America. The company has four operating segments: Paint Stores Group, Consumer Group, Latin America Coatings Group and Global Finishes Group. After more than a century now, with operations in more than 30 countries and regions, with more than 30,000 employees and more than 3,400 self-operated stores.
United States, Cleveland, Ohio 
Tel: +1-800-4743794
Fax: +1-800-4343131
Website: www.sherwin-williams.com
Main sale data in 2014:
Coatings sales: $11.54 billion 
Number of employees: 31,000 
Coatings Sales:1.17 billion liters 
Geographic Sales: Europe 24%, Americas 28%,Asia Pacific 44%,in other regions 4% 
Board Members:
Christopher M. Connor:Chairman and Chief Executive Officer 
John G. Morikis: President and Chief Operating Officer 
Sean P. Hennessy: Senior Vice President - Finance and Chief Financial Officer 
Arthur F. Anton: President and Chief Executive Officer Swagelok Company 
Richard K. Smucker: Executive Chairman and Co-Chief Executive Officer The J. M. Smucker Company 
Main development area: 
- Improve the appearance of heavy-duty automotive coatings 
- Performance liquid and powder coatings automotive equipment 
Market Positioning:
Europe: Automotive Coatings 
North America: automotive coatings, architectural coatings 
Asia-Pacific market: architectural coatings 
Sherwin-Williams Company through a series of major mergers and new product development , the establishment of a centuries unsurpassed product standards. Sherwin has always been to create a healthy home environment for human philosophy, established a position of high honor in the world of building materials coating industry.

February 4, 2014. Sherwin-Williams enhanced Harmony Interior Acrylic Latex Paint, features industry-leading innovations that help promote better indoor air quality and reduce common indoor odors. Combined with its zero-VOC formula and washable finish, enhanced Harmony Paint delivers advanced performance for residential and commercial professionals alike. Once the paint has dried, enhanced Harmony’s Formaldehyde Reducing Technology reduces airborne concentrations of formaldehyde and other aldehydes – volatile organic compounds (VOCs) from possible sources like insulation, carpet, cabinets and fabrics.

May 15, 2014. Sherwin-Williams was awarded the Society for Protective Coatings (SSPC) Military Coatings Project Award of Excellence for its work on the U.S. Navy’s USS Ronald Reagan (CVN-76) along with International Marine and Industrial Applicators, LLC (IMIA). The award recognizes exceptional coatings work performed on U.S. military ships, structures or facilities. “This award is truly an honor for our company in partnership with the U.S. Navy and IMIA,” said Mark Schultz, Marine Project Development Manager, Sherwin-Williams Protective & Marine Coatings. “It was an exceptional team effort to coordinate and execute this large project with such a limited time frame.”

May 19, 2014, Sherwin-Williams has established a new joint venture, Premier Paints Co., in Saudi Arabia, expanding its services in the Middle East. Premier Paints Co., which has unveiled its new headquarters and manufacturing plant in Jeddah, will support the distribution and sales of Sherwin-Williams’ architectural and protective coatings systems, including specialist products for the structural steel and oil and gas industries. 
China Headquarters: Sherwin-Williams (China) Co., Ltd.Tel: +86-21-59552882 

4. Axalta

Company Profile: 
Axalta coating system (formerly DuPont high-powered Coatings Division) is a leading global supplier of liquid and powder coatings, mainly provided needed products for the automotive industry, transportation, general industry as well as specific construction and decoration industry. With over 145 years of successful experience in the paint industry, Axalta coating system will continue to creat achievement. Axalta has business in more than 130 countries around the world, with more than 60,000 employees, 35 manufacturing plants, 42 refinish coatings training centers and 7 research and development centers.
Wilmington United States 
PO Box 80021
Tel: +1-302-774-1000 
Fax: +1-302-892-5615 
Website: www.axaltacoatingsystems.com
Main sale data in 2014:
Coatings Sales: $5.892 billion 
Number of employees: 60,600 
Coatings Sales: 1.385 billion liters 
Geographic Sales: Europe、Middle East、Africa 24%,North America 28%,Asia Pacific 34%,Latin America 14% 
Board Members:
Ellen J. Kullman:Chair of the Board & Chief Executive Officer 
Samuel W. Bodman:Former United States Secretary of Energy 
Robert A. Brown:President of Boston University 
Curtis J. Crawford:President and Chief Executive Officer of XCEO, Inc. 
Alexander M. Cutler:Chairman and Chief Executive Officer of Eaton Corporation 
Marillyn Hewson:Executive Vice President, Electronic Systems – Lockheed Martin Corporation 
Main development area: 
- Mainly in the Asia-Pacific region and emerging markets in Latin America automotive coatings sales, market share growth. 
- Automotive coatings, high performance coatings in the steady growth of the market in Europe and North America 
Market Positioning:
Europe: Automotive Coatings 
North America: automotive coatings, architectural coatings 
Asia-Pacific market: architectural coatings 
January 10, 2014. Axalta Coating Systems, a leading global supplier of liquid and powder coatings, broke ground today to expand its manufacturing capacity for coatings with the construction of a new $50 million eco-friendly waterborne facility in the Jiading district of Shanghai. Expected to begin production in 2015, Axalta’s Shanghai waterborne facility will manufacture and supply up to 25,000 metric tons of its highly acclaimed waterborne products. “We invested in this facility to meet growing customer needs for high-performance water-based coatings solutions. With this new facility, we are expanding our capacity to provide waterborne paints to help China’s auto industry develop sustainably,” Mr. Shaver told the audience at the ground breaking ceremony. “Our technological leadership focuses on developing environmentally friendly coating solutions. Our new facility will also employ the latest generation production systems to reduce the environmental footprint of our operations.”

March 19, 2014, Axalta Coating Systems introduced its next generation waterborne basecoat Cromax® Pro in India. Cromax Pro, a part of the Cromax family of products, features advanced waterborne automotive coating technology that enhances productivity and helps to decrease the auto industry’s overall environmental footprint, facilitating the sustainable development of India’s automotive industry. As a waterborne basecoat, Cromax Pro produces lowered emissions of volatile organic compounds (VOCs) and satisfies European and North American environmental regulations.

March 24, 2014, Axalta Coating Systems was granted the Outstanding Environmental Technology Award at the 2014 China Surface Engineering Summit (CSES) in Shanghai, China. The technology recognized for its contribution to environmental sustainability is Axalta’s Lean and Green Coating System. The award recognizes Axalta’s leadership in developing surface treatment solutions that meet industry’s evolving demands for high performance and sustainable coatings.

August 18, 2014, Axalta Coating Systems announced a commitment to invest $10.5 million in Tlalnepantla, Mexico, to expand capacity to produce resins used in the manufacture of transportation coatings. The investment is intended to enhance and expand the capability of the Tlalnepantla operations center, one of three manufacturing locations for Axalta in Mexico, and headquarters of the company’s businesses in Latin America. “This investment underscores the company’s commitment to support our continued growth in Mexico with locally produced coatings,” explained Jorge Cossio, President, and Latin America for Axalta. “The investment will support Axalta customers in the light vehicle OEM and commercial transportation markets.
September 9, 2014, Axalta Coating Systems broke ground in Wuppertal, Germany, on construction to expand its capacity to produce waterborne coatings. The new facility will increase the footprint of what is already the largest of the company’s 35 manufacturing centers. Production is expected to begin in the first quarter of 2015. This facility will use a number of advanced technologies to decrease waste and reduce the environmental footprint of the operations. Waterborne coatings also meet the customers’ interest in coating systems that enable them to reduce their own impact on the environment and operate more productively.

September 18, 2014, Axalta Coating Systems received Qualicoat Class 2 certification for production of Alesta® Super Durable (SD) powder coating in China. Alesta SD is manufactured in Dongguan, the location of one of six powder coating manufacturing plants operated in China by Huajia Chemical Co. Ltd., a joint venture that Axalta Coating Systems shares with Yongjia Chemical Co. Ltd. Qualicoat is a well-recognized European quality standard for coatings applied on aluminum extrusions and its alloys for architectural applications. The accredited products meet clearly defined quality and performance criteria defined by Qualicoat which also monitors manufacturer compliance at other licensed plants worldwide.

Singular focus on providing brilliant coatings sets us apart. Axalta Coating Systems provide a range of performance and transportation coatings for manufacturers of light and commercial vehicles, the refinish aftermarket and for many industrial applications. Our scale ensures we can deliver innovative coating systems around the world.
China Headquarters: DuPont China Holding Co., Ltd. Tel: +86-10-65058000


Company Profile: 
BASF is the world’s leading chemical company. Its portfolio ranges from chemicals, plastics, performance products and crop protection products to oil and gas. We combine economic success with environmental protection and social responsibility. Through science and innovation, we enable our customers in nearly every industry to meet the current and future needs of society. Our products and solutions contribute to conserving resources, ensuring nutrition and improving quality of life. We have summed up this contribution in our corporate purpose: We create chemistry for a sustainable future. BASF had sales of about €74 billion in 2014 and over 112,000 employees as of the end of the year.
Ludwigshafen, Germany
PO Box:  61309 
Phone: +49 60-0 0 621
Fax: +49 621 60-42525 0
Website: www.basf.com
Main sale data in 2014:
Coatings Sales: $ 4.982 billion 
Number of employees: 113,000 
Coatings Sales: 1.036 billion liters 
Geographic Sales: Europe、Middle East、Africa 43%,Americas 30%,Asia Pacific 27% 
Board Members:
Kurt Bock:Chairman of the Board of Executive Directors 
Dr. Hans Engel:Chief Financial Officer and Chief Executive Officer 
Dr. Beate Ehle:Executive Vice President, BASF Corporation and President 
Fried-Walter Münstermann:Executive Vice President and Chief Financial Officer 
Frank A. Bozich:President, Global Catalysts Division 
David Stryker:Senior Vice President and General Counsel.
Main development area: 
- Increase in the Asia Pacific region and Latin America, investment in emerging markets and product distribution 
- Strengthen the competitiveness of the market in Europe and North America 
Market Positioning: 
Europe: Performance Coatings 
North America: high-performance coatings, architectural coatings 
Asia-Pacific market: architectural coatings 
Dedicated our lives to bring high-quality products, constitutes part of BASF's successful elements. Listening to customers , serve customers and to meet their needs, is BASF's purpose, to carry out this purpose, the company will continue to develop new products and enhance market share of BASF 's leadership , BASF is committed to provide the way forward for the future development of strong support .

March 3, 2014, BASF will build a new world scale production plant to manufacture specialty amines at its existing wholly-owned site in the Nanjing Chemical Industry Park in China. The plant, which is scheduled to come on stream in late 2015, will have dimethylaminopropylamine (DMAPA) and poly ether amines (PEA) as the main products. With this new facility BASF will further strengthen its global production network. The new plant complements existing facilities in Germany and the U.S. for DMAPA and PEA. PEA is an intermediate chemical for epoxy curing agents used in the production of plastics, polyurea coatings, adhesives, reaction injection moulding and wind blade composites.


March 6, 2014, BASF broke ground on a new resin and electrocoat (e-coat) plant at the Shanghai Chemical Industry Park in Shanghai. With its operation scheduled to commence in the second half of 2015, the plant will help to address the increasing demand for high quality coatings solutions in various growing industries, notably the automotive industry, in Asia Pacific. “With this new resin plant we will be stepping up our commitment to China even further. The new facility, which is literally next door to our new coatings plant, is a key component to further strengthen our local footprint and to respond to our customers even quicker. It will be a world-class resin and e-coat plant using the latest production technology for the manufacturing of advanced coatings," said Peter Fischer, Senior Vice President, Coatings Solutions Asia Pacific, BASF.


July 24, 2014, BASF Shanghai Coatings Co., Ltd. inaugurated its new automotive coatings plant at the Shanghai Chemical Industry Park in Shanghai, China. The expansion of its automotive coatings production capacity with an investment of around €50 million further strengthens BASF’s presence in China and its position as a leading coatings supplier to the automotive industry. The plant is equipped with state-of-the-art ventilation and off gas treatment, ensuring a clean environment in and around the plant. In addition, it is specially designed to have a closed handling of ingredients. The new automotive coatings plant is located adjacent to another new BASF resin and electrocoat plant which will start operation in the second half of 2015.


China Headquarters: BASF (China) Co., Ltd. Tel: +86-21-23203000  


6. RPM Inc

Company Profile: 
RPM International Inc. is a multinational holding company, founded in 1947, and is headquartered in Ohio. RPM's subsidiaries that manufacture and market high-performance coatings, sealants and specialty chemicals, primarily for maintenance and improvement applications. RPM employs approximately 11,000 people worldwide and operates 94 manufacturing facilities in 24 countries. Its products are sold in approximately 160 countries and territories. 
Medina, Ohio 
PO Box: 44258 -0777 
Tel: +1-330-2735090 
Fax: +1-330-2258743 
Website: www.rpminc.com
Main sale data in 2014:
Coatings Sales: $ 4.3784 billion 
Number of employees: 12,500 
Coatings Sales: 0.491 billion liters 
Geographic Sales: Europe、Middle East、Africa 31%,North America 37%,Latin America 15%,Asia Pacific 17% 
Board Members:
John P. Abizaid: Senior Partner JPA Partners LLC 
Bruce Carbonari: President and CEO Fortune Brands Home and Hardware 
David A. Daberko: Retired Chairman and CEO Fortune Brands Home and Hardware 
James A. Karman: Retired Vice Chairman RPM International Inc. 
Donald K. Miller: Chairman Axiom International Investor LLC 
Frederick R. Nance: Regional Managing Partner of Squire, Sanders & Dempsey L.L.P. 
William A. Papenbrock: Retired Partner Calfee, Halter & Griswold LLP 
Charles A. Ratner:President and CEO Forest City Enterprises 
Frank C. Sullivan: Chairman and CEO RPM International Inc 
Thomas C. Sullivan: Chairman Emeritus RPM International Inc 
William B. Summers: Retired Chairman and CEO McDonald Investments Inc. 
Jerry Sue Thornton: President Cuyahoga Community College 
Joseph P. Viviano: Retired Vice Chairman Hershey Foods 
Main development areat:
- Europe and North America continue to maintain the steady growth of the market 
- Expansion in Asia Pacific and Latin America and other emerging market development, and achieved significant growth 
Market Positioning:
Europe: Industrial Coatings 
North America: industrial coatings, architectural coatings 
Asia-Pacific and Latin America and other emerging markets: industrial coatings, architectural coatings 
January 22, 2014, RPM International Inc. announced that its Rust-Oleum Group has acquired Citadel Restoration and Repair, Inc., a producer and marketer of premium concrete and wood deck floor coatings for both the professional contractor and do-it-yourself (DIY) markets. Based in North St. Paul, Minnesota, Citadel has annual sales of approximately $10 million. Terms of the transaction, which are expected to be accretive to earnings within one year, were not disclosed. "Citadel has an outstanding technology platform that we believe can be rapidly expanded in the marketplace by utilizing Rust-Oleum's marketing and distribution expertise," stated Frank C. Sullivan, RPM chairman and chief executive officer."Patrick Ilfrey, majority owner of Citadel, will continue to lead the Citadel business as part of the Rust-Oleum Group."

June 11, 2014, RPM International Inc. announced that Viapol Ltda., part of The Euclid Chemical Company and RPM's Performance Coatings Group, has acquired Betumat Quimica Ltda., a waterproofing products manufacturer based in Candeias (Bahia), Brazil, with annual net sales of approximately $22 million. Betumat offers a full line of waterproofing products, including asphaltic membranes, cementitious grouts and modified asphalt products, to professional contractors and builders primarily in northern Brazil.

July 7, 2014, RPM International Inc. announced that its Rust-Oleum Group has acquired Krud Kutter Inc., a producer of cleaners and removers for residential, commercial and industrial environments. Based in Cumming, GA, Krud Kutter has approximately $13 million in annual sales. Terms of the transaction, which is expected to be accretive to earnings within one year, were not disclosed. Krud Kutter specializes in problem solving cleaners and removers, which are water-based, bio-degradable, non-toxic and VOC compliant, while offering superior performance characteristics. The brand is sold across the country in home centers, hardware and paint stores, mass merchants and industrial supply outlets.

October 8, 2014, RPM Reports Fiscal 2015 First-Quarter Results 
-- Sales increase 3% 
-- Diluted earnings per share off 5% versus prior-year results 
-- Performance anticipated due to tough prior-year comparisons 
-- Full-year EPS guidance maintained at 9% to 11% growth in diluted earnings per share 
China Headquarters: Carboline Dalian Paint Co., Ltd. Tel: +86-411-87898441

7. DIAMOND Paint

Company Profile: 
U.S. diamond paint Coatings Company was founded in 1926 and headquartered in Des Moines, Iowa, its architectural coatings market share in the world paint is paint brand leader. The company is an OEM applications for industrial liquid and powder coatings, architectural coatings for commercial applications and owners of heavy protective coatings and paints. Diamond Vogel produces industrial coatings are widely used in aerospace, airport maintenance, ship, shipping traffic and heavy maintenance coatings. Company in the world with 13 production bases, there are more than 1000 sales center. 
Des Moines, Iowa City, USA 
PO Box: 50309 -3723
Tel: 1-626-5132983
Fax: 1-626-3338885
Website: www.diamondpaint.us

Main sale data in 2014:
Coatings Sales: $ 4.361 billion 
Number of employees: 10300 
Coatings Sales:0.944 billion liters 
Geographic Sales: Europe 44%,Americas 47%,Asia Pacific 9% 

Board Members:
Drew Vogel: Chairman and Chief Executive Officer 
Doug Vogel: Vice president and director of traffic and heavy-duty coatings 
Mark Vogel: Vice President and Director, Industrial Coatings 
Frank Drewk: Vice President and Director of Architectural Coatings 

Main development area:
- Continue to maintain the stability of Europe and the Americas growth 
- Increase in the Asia Pacific region and Latin America, efforts to expand in emerging markets, and achieve greater growth 

 Market Positioning:
Europe: heavy duty coatings, industrial coatings 
North America: architectural coatings, industrial coatings, traffic paint 
Emerging markets such as Asia Pacific and Latin America: architectural coatings, industrial coatings 


As a customer focused company, driven by innovation, U.S. diamond paint Coatings Company strives to achieve profitable growth and become the preferred employer in the market fields. 

Whatever changes take place for the paint brands market facing the challenges, the United States diamond paint believes that as long as can be their own brand advantages fully, to meet the market demand, provide consumers with excellent quality and innovative products for long-term, and adjust the products according to special requirements of different region in the world, with these fundamental, they can win trust from majority of consumers and occupy a space in coating market.

With excellent quality and product diversification, Diamond Vogel is a market leader in the market fields. Professional technical support and good service to our customers is our permanent commitment. Diamond coatings always pay more attention to scientific research and product innovation, which is their motility to success. Diamond also strives to meet consumer’s demand from product quality, formulation and packaging designed. Diamond coatings have high quality products and personalized packaging; it makes people feel everything is new. With continue going in for innovative, Diamond coatings can keep top in coating market although competition is increasingly fierce in coating industry.

Diamond Vogel commitment to innovative solutions is designed to fulfill certain basic human needs: protection against the natural elements, clean water, dependable energy supplies, advanced transport infrastructures, maintaining the value of our buildings, safer and faster travel. Diamond Vogel is constantly adapting its products and systems to the changing requirements of its customers and end users - and in so doing is continually extending the range of applications. This corresponds with Diamond paint Coatings Company's corporate mission statement: “We strengthen the positions of excellence which we have reached and develop new success potentials by constantly renewing and improving our products, systems and procedures.”

China Headquarters: Diamond Paint Co., Ltd., Shunde Guangdong Tel: 400 -881-8830, +86-757-26360000



Company Profile: 
Valspar Paint is the leader in Paint and coating industry. Since the year of 1806, Valspar has been committed to providing customers with the latest innovations in the paint industry, the highest quality and the best customer service. Coatings and polymers of its products in the industrial, packaging, building and occupies a leading position in the field, the product throughout 26 countries and 80 regions, with ten thousand employees. Valspar has always been committed to the industry's most advanced and innovative products and technology, the best quality and the highest quality services to our customers.
Minneapolis, Minnesota, USA 
PO Box: 55415 
Phone: +612-332-7371 
Fax: +612-375-7723 
Website: www.valspar.com
Main sale data in 2014: 
Coatings Sales: $ 4.357 billion 
Number of employees: 8,000 
Coatings Sales: 0.834 billion liters 
Geographic Sales: Europe 15%,North America 74%,Asia Pacific 11% 
Board Members: 
William L. Mansfield: Chairman and Chairman of Executive Committee 
Gary E. Hendrickson: Chief Executive Officer, Chief Operating Officer and Director 
Jeffrey H. Curler: Chairman Emeritus and Chairman of Executive & Finance Committee 
John S. Bode: Independent Director and Chairman of Audit Committee 
Gregory R. Palen: Non-Executive Chairman, Member of Audit Committee and Member of Technology Committee 
Main development area: 
- Continue to maintain the status of the North American and European markets 
- Expand market share in Asia Pacific 
Market Positioning: 
Europe: decorative coating 
North America: decorative coatings, architectural coatings 
Asia-Pacific and Latin America and other emerging markets: decorative coatings, architectural coatings 
January 9, 2014. CHICAGO - Delivering on the promise to help people connect to the power in color, Valspar Paint reveals its 2014 Color Outlook and trend palettes. In 2014, Valspar predicts the theme of "redefining the home" will grow in importance in the coming year and has curated three distinct color palettes that embrace this forecasted trend. Each color palette - Zenergy, Time Traveler and Yours Truly - is inspired by the newest underlying influences and movements that are expressed in fashion, food, art, interior design and lifestyle. This marks the fifth annual Valspar Color Outlook, which each year examines new prevailing directions and inspirations that are beginning to be expressed in functional art forms and lifestyle.

May 1, 2014, Ace Hardware, the largest retailer-owned hardware cooperative in the industry, and Valspar Paint®, a global leader in the paint and coatings industry, unveil "Helpful is Beautiful™," a revolutionary new advertising campaign. Using familiar concepts from the beauty industry, the integrated campaign was created to introduce consumers to the new Paint Studio at Ace. Ace and Valspar recognize the emotional response evoked by color and built the 'Helpful is Beautiful' campaign and The Paint Studio at Ace around this connection as a way to offer consumers a differentiating paint shopping experience featuring the brands they know and trust.

China Headquarters: Valspar (Shanghai) Enterprise Management Co., Ltd. Tel: +86-21-59901345 


Company Profile: 
Founded in 1910, SACAL International Group Inc. is a global integrated company, headquartered locates in London, England. Having more than 100 productions and marketing subsidiaries in more than 70 countries around the world. It's core business areas include specialty chemicals, architectural coatings and industrial coatings. The company goal is Help customers create added value. 
London UK Tel: +44 (0) 2030263350 
Fax: +44 (0) 2030261529 
Website: www.sacalpaint.com
Main sale data in 2014:
Coatings Sales: $3.774 billion 
Number of employees: 12,600 
Coatings Sales: 0.825 billion liters 
Geographic Sales: Europe 51%, Americas 32%, Asia Pacific 17% 
Board Members:
Walter Grew Bohle: Chairman of the Board 
Bart Staege Ernst: CEO 
Alexander Boleibole: Director of Engineering 
Christopher Ganz: Director of Marketing. 

Main development area:
- To keep the market in Europe and continued growth in the Americas 
- Focus on Asia Pacific and Latin America to increase investment in emerging markets, and strive to total sales in this market more than 15% of the Group.
Market Positioning:
Europe: architectural coatings, specialty chemicals, industrial coatings 
North America: architectural coatings, specialty chemicals 
Emerging markets such as Asia Pacific and Latin America: architectural coatings, specialty chemicals. 

SACAL International Group Inc. continuous innovation, the goal is to help customers create added value, always keep one step ahead of competitive advantage, and actively advocated the concept of energy conservation and environmental protection.

Relying on the perfect system, a good brand image, high quality technical services, competitive and reasonable price, SACAL has always been committed to provide consumers with more innovative and high quality products, and ensure people have a more safer and healthy living environment, It is also the key which SACAL has been maintaining its high-quality.

SACAL is a strong tradition of innovation with the company, continued pursuit of excellence in innovation levels. This means constantly developing innovative products and solutions. SACAL International Group Inc. realizes the promise of environmental protection and energy conservation to the society according to the principle of "quality first, to be environmentally protective and to be energy conservative"; realize the promise of quality assurance to the engineering agents; realize the promise to the terminal after-sale service. The demands of terminal markets are our guidelines. Establish mutual communication with agents and consumers to ensure the pertinence to market orientation and the effectiveness of marketing policies. 
China Headquarters: three -color International (China) Co., Ltd.; Tel: Tel: 400 -883-0686

10. NIPPON Paint

Company Profile: 
Since its inception in 1881, Nippon Paint has experienced more than 100 years of growth and has become one of the world’s major automotive paint suppliers and the largest supplier of decorative paints. Nippon Paint produces coatings for the automotive market, the marine coatings market, as well as industrial products. It also makes paints for residential and commercial buildings and for the do-it-yourself market. In the world with more than 30 production bases, with the constant dedication of combining the concepts of “eco” and “color” together, Nippon Paint is living up to its promise fora greener and better life for its customers.
North ward ,Osaka Oyodokita ,Japan 
PO Box: 531-8511 
Tel: +81-6-6458-1111 
Fax: +81-6-6285-6344 
Website: www.nipponpaint.co.jp
Main sale data in 2014:
Coatings Sales: $3.234 billion 
Number of employees: 6,700 
Coatings Sales: 0.748 billion liters 
Geographic Sales: Asia Pacific 79%,Europe 10%,Americas 11% 
Board Members:
Kenji Sakai: President and Representative Director 
Yoshio Andou: Senior Vice President 
Ryoichi Baba: Senior Vice President 
Kiyohiko Chijiiwa: Executive Vice President 
Kanji Nishijima: Vice President.

Main development area:
- Keep decorative coatings in the Asia Pacific region's leading position and expand the region's automotive, marine and other industrial coatings.
- To expand in Europe and North America, automotive coatings and industrial coatings market share 
Market Positioning:
Asia-Pacific market: decorative coatings, automotive coatings, industrial coatings, marine coatings 
Europe: automotive coatings, industrial coatings 
Americas: automotive coatings, industrial coatings 
April 02, 2014, a Nippon Paint China stand out from the competition with is reflective insulating mold coating. This product reduces the use of electricity in air conditioners by 4 to 9 percent annually. This product, dubbed the "cold wall," is one of Nippon Paint's technologies that are widely being used on the outer walls of buildings. By adapting the reflective insulating mold coating, the "cold wall" will lessen the heat of reflected sunlight and reduce the indoor temperature. The "cold wall" is made with the most technically advanced materials, in order to make sure the consistency of appearance, intensity of color, longevity and rot-resistance of the eco-friendly material is as good as traditional products.

August 25, 2014. BASF and Nippon Paint celebrated the launch of are painting project entitled “Color, Way of Love - we create chemistry that makes paint love to stand out “at Chongqing Wenmiao Elementary School in Chongqing, China on August 24, 2014. This project marks the first time that BASF has partnered with Nippon Paint to jointly organize school repainting project in China. Through this project, both companies are lever aging the irresources to help children in a remote area to improve their learning environment by repainting their school. For the repainting project at Chongqing Wenmiao Elementary school, Nippon’s highly efficient waterproofing TAOFULE renovation putty is applied over the surface of the ceramic tiles on exterior walls to enable durable color painting. The interior paint used in the school reflects the combined expertise of Nippon Paint and BASF. The BASF Acronal® ECO series, featuring low odor and low volatile organic compounds, is used as the binder for the decorative paint in the school. It provides a clean and healthy environment for the next generation, with its low odor and outstanding stain resistance.

October 15, 2014, Major Japanese paint manufacturer Nippon Paint held the opening ceremony for its third Vietnam-based plant in the northern province of Vinh Phuc. The factory is to produce industrial paints for automobiles and motorcycles and architectural and decorative paints. The plant, covering 60,000 square meters, has registered investment capital of $14 million over the next five years, with a production capacity of 15,000 tonnes a year and up to 500 new jobs will be created, providing a boost to both the operations of the company and the Vietnamese economy. "The opening of the Vinh Phuc plant is a major milestone in the history of Nippon Paint in Vietnam and also is an important part of our regional expansion strategy, and demonstrating our commitment to strengthen storage capacity to better meet customer demand,” said Fujita Tetsuro, COO in Nippon Paint South East Asia (NIPSEA) Management Company.
China Headquarters: Nippon Paint (China) Co., Ltd. Tel: +86-21-50101687
Data from: company annual reports, sales reports and data analysis, participate in the edit this report world paints and coatings industry association (WPCIA) and coating research association (PRA) coalition industry senior researcher: 
This report joint editor: Edward Moore (world paints and coatings industry association industry senior researcher)

John Cramer (coating research association senior researcher)

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