Ranking | Europe’s Top Coating Company: Revenue Exceeds RMB 75 Billion, Outperforming BASF and Jotun

Accordingly, Germany-based Brillux and Mankiewicz each rose one position. CIN successfully entered the Top 10, with sales revenue increasing 12% year-on-year to €448 million, driven primarily by organic growth and the acquisitions of Henkel Industrial Netherlands and Italy’s Proficolor retail networks. Public information shows that the company was founded in 1917 and is headquartered in Porto, Portugal. It employs approximately 1,900 people across 15 countries and operates 11 manufacturing facilities in Portugal, Spain, France, Italy, the Netherlands, Angola, and Mozambique. Its business spans four major market segments: residential and commercial construction, industrial coatings, corrosion protection, and marine/yacht coatings. Since 1995, it has been the market leader in the Iberian Peninsula, and its products are exported to multiple markets across Central Europe, Latin America, and Africa. Rankings for other companies remained unchanged. Jotun ranked third, reporting coating sales revenue of €3.12 billion in 2025—a 4.7% increase year-on-year. Founded in 1926 and headquartered in Sandefjord, Norway, Jotun serves four core sectors—marine, protective, decorative, and powder coatings—and sells its products in over 100 countries worldwide. In marine coatings, Jotun is the undisputed market leader. Its flagship SeaQuantum series utilizes an organosilicon system to form a low-surface-energy, smooth, and stable paint film that effectively inhibits marine biofouling, reduces hull drag, cuts fuel consumption by 5–8%, and lowers CO₂ emissions by over 200 tons per vessel annually. In June last year, Jotun launched HPS 2.0, its next-generation hull performance solution, which enhances vessel energy efficiency through four core modules. BASF retained second place, though its sales revenue declined 14% year-on-year to €3.7 billion—mainly due to raw material market volatility, trade barriers, and the completion on October 1, 2025, of its sale of the Suvinil architectural coatings business in Brazil to Sherwin-Williams. On June 30, 2026, BASF’s transaction with The Carlyle Group regarding its coatings business was formally completed, valued at €7.7 billion and covering automotive OEM coatings, refinish coatings, and surface treatment businesses. BASF holds a 40% equity stake in the newly formed company, Svetu (formerly BASF Coatings). Despite a 5.2% year-on-year decline in sales revenue to €10.158 billion (approximately RMB 75.3 billion), AkzoNobel maintained its position as the industry leader.

Ranking | World’s Largest Architectural & Decorative Coatings Brand: Annual Revenue Exceeds RMB 95 Billion—Higher Than Nippon Paint + Dulux Combined

Below is a brief overview of the competitive landscape, based on the ‘2026 Global Top 30 Architectural & Decorative Coatings Brands’ ranking released by CoatingTimes. The combined architectural and decorative coatings sales revenue of the ranked brands totaled USD 52.6273 billion (approximately RMB 350.6 billion), up 3.82% year-on-year, accounting for 54.54% of the global market share—an increase of 2.82 percentage points from the previous year. By region, the U.S. leads with seven brands on the list; Germany and India follow closely, each with four; Japan has three; China, Denmark, and Indonesia each have two; while the Netherlands, Norway, Thailand, the Philippines, South Korea, and Canada each have one. China is the world’s largest architectural coatings consumption market, home to well-known domestic brands including SKSHU, Kabeli, Oriental Yuhong (Dawei), Meituoshi, Dabao Paint, Chuanghua Paint, Guke, Asia, Badeshi, Chenyang, Fustar, and Depuwei. Yet overall, the sector remains fragmented and underpowered—only two Chinese brands made the list. SKSHU ranked eighth globally with USD 1.587 billion in sales revenue—the sole Chinese brand among the global Top 10 architectural and decorative coatings brands. In the retail segment, SKSHU offers a ‘seven-in-one’ product portfolio—including interior latex paints, artistic paints, imitation stone paints, adhesives, base materials, waterproof coatings, and Xiaosen boards—alongside its ‘Ma Shang Zhu’ (‘Move-In Ready’) service, delivering holistic solutions for a better life. Last year, its imitation stone paint sales exceeded 160,000 metric tons, with revenue rising ~20% year-on-year and capturing an 8.5% domestic market share—ranking first for six consecutive years. In the project segment, SKSHU provides an integrated green building materials system covering interior/exterior wall coatings, waterproofing, thermal insulation, industrial coatings, flooring, home-new-materials, base materials, and construction services—deeply tapping into demand from niche B2B segments such as urban renewal, education/science/culture/healthcare facilities, and hotels. Kabeli, a subsidiary of Beijing New Building Materials Group, rose two positions compared to last year. According to its financial report, it achieved revenue of RMB 3.738 billion and net profit of RMB 313.8 million in 2025—up 16.09% and 29.83% year-on-year, respectively. Revenue from project architectural coatings, artistic paints, and imitation stone paints all surged significantly year-on-year. The Top 10 brands remained unchanged, with combined revenue reaching USD 40.956 billion—accounting for 42.44% of the global market share, up 1.65 percentage points year-on-year. Dulux ranked third with USD 4.636 billion in sales revenue. A renowned architectural and decorative paint brand under Dutch company AkzoNobel, Dulux traces its origins back to 1931 and offers products including latex paints, wood finishes, and wall paints, distributed across 100 countries. A side note on the ‘Dulux’ trademark: it is geographically divided into three parts. In North America, PPG formerly held operational rights to the Dulux business but sold it in 2024; Pittsburgh-based PPG now holds the Dulux trademark licensing rights in this region. In Australia and New Zealand, the Dulux trademark belongs to DuluxGroup Limited (acquired in August 2019 by Nippon Paint Holdings, parent company of Nippon Paint). In China, Europe, and most other key markets, the ‘Dulux’ trademark—including its Chinese name ‘Du Le Shi’—is owned by AkzoNobel.

Axalta Profit Falls as Coatings Sales Rise 2%

3 days ago

Axalta Coating Systems reported a 14% drop in Q3 profit to $95 million despite a 2% sales increase to $1.3 billion. Weaker European demand, higher material costs, and merger expenses drove the decline, while Mobility Coatings hit record revenue.

MyChesCo

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Axalta Coating Systems Ltd (AXTA) Stock Price Down 3.63% on April 2

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Vanguard Strategic Equity Fund Axalta Coating Systems Holdings History

2026-04-04

Perpetual Ltd Purchases 268,552 Shares of Axalta Coating Systems Ltd.

2026-04-06

Axalta Coating Systems to Announce First Quarter 2026 Financial Results on April 30

2026-04-06

Axalta to Post Q1 Earnings Results at 6 a.m. ET with Executive Call