Top 20 Global Chemical Companies by Revenue in 2025

The Mosaic Company announced its fourth-quarter and full-year 2025 financial results. Net sales for the quarter amounted to $2.974 billion, up from $2.816 billion in the same period last year. Operating loss for the quarter was $101 million, compared to $99.9 million a year earlier. Net loss attributable to the company stood at $520 million, versus net income of $169 million in the prior-year quarter. For the full year, net sales totaled $12.052 billion, up from $11.123 billion in 2024. Full-year operating profit reached $822 million, up from $622 million; net income attributable to the company was $541 million, versus $175 million in 2024. Coatings PPG Industries reported its fourth-quarter and full-year 2025 financial results. Quarterly net sales were $3.914 billion, up 5% year-on-year from $3.729 billion. Net income from continuing operations was $302 million, versus $2 million in the prior-year quarter. Full-year net sales totaled $15.875 billion, virtually flat year-on-year versus $15.845 billion. Net income from continuing operations was $1.571 billion, up 17% from $1.344 billion in 2024. AkzoNobel released its fourth-quarter and full-year 2025 financial results. Quarterly revenue was €2.372 billion (approximately $2.782 billion), down 9% year-on-year from €2.619 billion. Operating profit for the quarter was €787 million, versus €127 million a year earlier. Net profit attributable to shareholders was €598 million, versus €21 million in the prior-year quarter. Full-year revenue totaled €10.158 billion (approximately $11.9 billion), down 5% year-on-year from €10.711 billion. Full-year operating profit was €1.164 billion, up 27% from €917 million; net profit attributable to shareholders was €635 million, versus €542 million in 2024. Nippon Paint Holdings Co., Ltd. announced its 2025 financial results. Full-year revenue totaled ¥1,774.23 billion (approximately $11.1 billion), up 8.3% year-on-year from ¥1,638.72 billion. Full-year operating profit was ¥257.104 billion, up 38.1% from ¥186.206 billion. Net profit attributable to owners of parent was ¥179.8 billion, up 42.8% from ¥125.889 billion. Sherwin-Williams reported its fourth-quarter and full-year 2025 financial results. Quarterly net sales were $5.596 billion, up from $5.297 billion in the same period last year. Quarterly net income was $477 million, versus $480 million a year earlier. Of this, the Paint Stores Group generated net sales of $3.127 billion; the Performance Coatings Group, $1.642 billion; and the Consumer Brands Group, $825 million. Full-year net sales totaled $23.574 billion, up from $23.1 billion in 2024. Full-year net income was $2.569 billion, versus $2.681 billion in 2024.

Approved! Another coatings giant is born—aiming for industry leadership!

Regarding the overwhelming shareholder approval, Greg Pux-Georgiou, CEO of the newly merged entity and AkzoNobel, stated that this shareholder vote marks a pivotal step toward deep integration between two highly complementary enterprises—and provides solid support for the company’s new development vision. Going forward, both parties will jointly build a globally leading coatings enterprise with enhanced innovation capacity and comprehensive strength, consistently delivering long-term, stable, and high-quality value to customers, employees, and shareholders. Ben Notenboom, Chairman of AkzoNobel’s Supervisory Board and Deputy Chairman of the merged company, also expressed gratitude to the market and all stakeholders for their support. He noted that shareholders’ strong backing affirms the strategic value of this merger, and the company will steadily advance subsequent integration efforts to fully unlock synergies and implement its long-term growth strategy. “We sincerely thank all stakeholders for their strong support of our equal merger with AkzoNobel, and we are excited about the opportunity to create tremendous value for our shareholders, customers, and employees,” said Chris Villavarayan, CEO of Axalta. “Following our record-breaking second-quarter performance, we are thrilled to enter the next phase with strong business momentum. Our team is actively advancing the integration plan and remains focused on combining these two highly complementary businesses to realize value from day one of the merger.” “Today’s approval marks an important milestone on our path to building a world-leading global coatings company,” said Rakesh Sachdev, Chairman of Axalta’s Board of Directors. “This broad-based support reaffirms our conviction that the merger of Axalta and AkzoNobel will create a differentiated industry leader—endowed with broad capabilities, world-class innovation capacity, and a stronger platform for growth and value creation. I look forward to collaborating with the combined leadership team to deliver on the promise of this merger.” As the merger proceeds steadily, a brand-new global coatings giant is poised to emerge. According to data from the industry’s authoritative publication, Coatings World, in its 2026 Industry Report, AkzoNobel’s coatings business achieved sales of $12 billion in 2025, while Axalta’s同期 sales totaled $5.1 billion. Upon completion of the merger, the new group’s annual sales will exceed $17 billion—surpassing PPG to secure the No. 2 position globally in the coatings industry, trailing only industry leader Sherwin-Williams, with a revenue gap of merely approximately $1 billion.

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