Paints, Coatings & Other Finishing Product Manufacturing Industry Overview

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Industry Description

Companies that manufacture coatings, colorants, finishing products, paints, varnishes, and associated products.

Summary

You could paint a pretty picture of the coatings industry's rosy future. Unlike most other sectors of the greater chemicals industry, this one was able to weather the downturn of the early part of the decade. The sustained housing and construction boom of the first half this decade propelled paints and coatings companies to new heights of their own.The global industry is dominated by multinational behemoths like the Dutch Akzo Nobel, Germany's BASF, and PPG of the US, all of which rely not just on interior and exterior house paints but also industrial coatings that cover everything from the outsides of automobiles to the insides of tanks and cylinders transporting gases and chemicals.Companies like Imperial Chemical IndustriesSherwin-WilliamsBEHR Process Corporation, and Benjamin Moore are geared more toward decorative coatings for both the professional painter and the DIY guy and gal who like to watch home-makeover shows.

Industry Trends

Concentration in Specific End-Use Markets

Most companies, even the largest ones, usually concentrate in a particular end-use market. Sherwin-Williams manufactures mainly house paints; DuPont makes primarily automotive paints; Lilly makes mainly industrial coatings. Small companies with technical expertise and the ability to rapidly reformulate and deliver a product for a customer can easily compete with larger companies.

Industry Competitors

Industry Codes

Hoover's has developed its own industry classifications to better serve its customers. These classifications are mapped to the North American Industry Classification System (NAICS) and the older U.S. Standard Industrial Classification (SIC) system. The Paints, Coatings & Other Finishing Product Manufacturing maps to a number of NAICS codes including:

NAICS
NAICS Title
Adhesive Manufacturing
Broom, Brush, and Mop Manufacturing
Paint, Varnish, and Supplies Merchant Wholesalers
Paint and Wallpaper Stores

Industry Associations & Organizations

Related Industries

Industry Financials

Using the 2002 Census Bureau Economic Census, Hoover's has generated an industry financial summary for the Paints, Coatings & Other Finishing Product Manufacturing industry.

Indicator
Total
NAICS Codes
5
Establishments
12,476
Sales, receipts or shipments ($1,000)
$47,635,673
Annual Payroll ($1,000)
$5,531,334
Paid Employees
146,600

Industry People



Industry Jobs

- Cleveland.OH
From Knapp Consultants, Inc.
Northrop Grumman - Devens.MA
From Northrop Grumman
- Pomona.CA
From Kijiji