Top 3 Countries with the most companies in the Top 25 of the paint and coatings industry
1. Germany
Germany is represented by a total of 11 companies in the Top 25. These companies are not only numerous but also highly successful, significantly contributing to the strength of the German paint and coatings industry. Here are the leading German companies and their revenues:
- BASF: 4,390 million EUR
- Deutsche Amphibolin-Werke (DAW): 1,238 million EUR
- Beckers Group: 613 million EUR
- Brillux: 558 million EUR
- Mankiewicz: 478 million EUR
- Meffert AG Farbwerke: 329 million EUR
- Sto: 293 million EUR
- Mipa: 260 million EUR
- Remmers: 223 million EUR
- Grebe Holding: 218 million EUR
- Frei Lacke: 180 million EUR
The wide range of German companies demonstrates the diversity and innovation within the industry in the country. BASF, in particular, stands out with a revenue of 4,390 million EUR, leading among the German companies.
2. The Netherlands
The Netherlands is represented by two companies on the list, with one company surpassing the entire European competition:
- Akzo Nobel: 10,668 million EUR
- Stahl: 700 million EUR
Akzo Nobel is by far the largest company on the list, not just in the Netherlands but in Europe as a whole. The high revenue of Akzo Nobel highlights the global significance and influence of the company in the paint and coatings industry.
3. Denmark
Denmark also has two companies in the Top 25, both of which have significant revenues:
- Hempel: 2,351 million EUR
- Flügger Group: 341 million EUR
These companies underscore Denmark’s strong position in the industry, with Hempel being particularly noteworthy with a revenue of 2,351 million EUR.
Other Countries with Single Companies in the Top 25
In addition to the top three countries, several other countries each have one company in the Top 25. These countries and their companies are:
- Norway
- Jotun: 2,789 million EUR
- Portugal
- CIN – Corporacao Industrial do Norte, S.A.: 395.1 million EUR
- Finland
- Teknos: 355 million EUR
- Italy
- IVM Chemicals: 320 million EUR
- Austria
- Tiger Coatings: 298.4 million EUR
- Turkey
- Dyo Boya (Yaşar Holding): 261 million EUR
- Spain
- Briolf Group: 215 million EUR
- France
- Mäder: 195 million EUR
- Switzerland
- Dold Gruppe: 180 million EUR
- Poland
- Sniezka: 178 million EUR
Each of these countries has a strong presence in the paint and coatings industry, even though they do not have as many companies in the Top 25 as the leading three countries.
Conclusion
The ranking of the Top 25 companies in the paint and coatings industry clearly shows the dominance of Germany, the Netherlands, and Denmark. Germany stands out with a variety of companies that excel through their size and innovation. The Netherlands and Denmark follow with two companies each, also reporting significant revenues. The diversity of the industry is further highlighted by the number of other countries represented by single companies in the Top 25.