Paints, Coatings & Other Finishing Product Manufacturing Industry Overview

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 Industries, Sherwin-Williams, BEHR 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.

Full Paints, Coatings & Other Finishing Product Manufacturing Industry Description

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.

Full Paints, Coatings & Other Finishing Product Manufacturing Industry Trends

• Dunn-Edwards Corporation
• M.A. Bruder & Sons, Inc.
• Sico Inc.

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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:

Full Paints, Coatings & Other Finishing Product Manufacturing Industry Codes

• American Chemical Society
  
• American Chemistry Council
  
• Environmental Industry Associations
  

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