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In 2022, Sherwin-Williams and PPG Industries were the main paint and coatings companies worldwide, each with a market share of approximately percent. These two U.S.-based companies are particularly dominant in the North American market. Meanwhile, the European paint and coatings market, is led by the Dutch multinational AkzoNobel.

Sherwin-Williams

Sherwin-Williams is a paint and coatings company headquartered in Cleveland, Ohio. The company was established in 1886 and was responsible for the introduction of the first ready-mixed paint to the market. In 2020, it generated a revenue of over **** million U.S. dollars, up from ** million dollars almost a decade earlier. Sherwin-Williams employed some ** thousand people in 2023. 

PPG Industries

PPG industries was founded in 1883 in Pittsburg, Pennsylvania as a plate glass manufacturer and expanded into the paints market by the end of 1900. Today, the company is a global supplier of paints, coatings, and specialty materials. PPG Industries’ revenue grew from **** million U.S. dollars in 2010 to million dollars in 2022. In that latter year, the number of employees of PPG industries stood at ** thousand.