Refinish Paints Sales

Refinish Paints Sales Market Outlook

The global refinish paints market has been estimated to reach a staggering size of approximately USD 12 billion by 2025, with a compound annual growth rate (CAGR) of around 5.2% projected from 2025 to 2035. This growth can be attributed to the increasing demand for automotive refinishing due to enhanced vehicle aesthetics, as well as the rising awareness regarding vehicle maintenance and repair standards. Moreover, the expansion of the automotive sector and the increasing disposable income among consumers are bolstering the refinish paints market. The rising emphasis on environmental regulations has also led to innovations in waterborne and UV-cured paint technologies, paving the way for sustainable solutions in the refinishing industry.

Growth Factor of the Market

Several key factors are propelling the growth of the refinish paints market. The automotive sector is a significant contributor to this market, as vehicle repair and maintenance activities continue to increase globally. Furthermore, urbanization and a growing population have led to an increase in the number of vehicles on the road, directly influencing the demand for refinish paints. Additionally, the rise of e-commerce platforms has facilitated easier access to a wide range of refinish paint products, thereby enhancing sales. Technological advancements in paint formulations, such as the development of low-VOC and eco-friendly options, are also attracting a substantial consumer base. In turn, the proliferation of DIY culture among consumers, alongside a growing number of automotive workshops, is expected to augment market growth even further.

Key Highlights of the Market

• Significant growth in the automotive sector driving demand for refinishing solutions.
• Technological advancements leading to innovative and eco-friendly paint options.
• Expansion of e-commerce platforms facilitating easy access to products.
• Increasing disposable income supporting consumer expenditure on vehicle maintenance.
• Rising urbanization resulting in a higher number of vehicles and repair needs.

By Product Type

Solvent-borne Paints:

Solvent-borne paints are one of the traditional types widely used in the refinishing industry due to their excellent durability and finish. These paints consist of organic solvents that provide a smooth application and quick drying times, making them a favorite among professional refinishing services. The high performance of solvent-borne paints, especially in challenging environments, contributes to their demand in automotive and industrial refinishing applications. Despite their advantages, the increasing regulations concerning VOC emissions are driving a shift towards more environmentally friendly alternatives. Nevertheless, solvent-borne paints still hold a significant portion of the market share and are expected to remain relevant as manufacturers innovate to comply with environmental standards.

Waterborne Paints:

Waterborne paints have gained popularity in recent years due to their lower environmental impact and reduced VOC emissions. They offer a safer alternative for both applicators and end-users without compromising on quality. Waterborne refinish paints provide excellent adhesion, flexibility, and durability, making them suitable for various applications, especially in automotive refinishing. Their quick drying time and ease of cleaning with water contribute to their growing acceptance among professionals. Additionally, the increasing regulatory pressure on VOC emissions in many regions is expected to further enhance the market for waterborne paints, marking a paradigm shift in consumer preferences towards more sustainable solutions.

UV-cured Paints:

UV-cured paints are a modern technology that employs ultraviolet light to cure and dry paint almost instantly. This innovative process offers several advantages, including reduced energy consumption and enhanced durability. The rapid curing time allows for quicker production cycles in industrial settings, making UV-cured paints a desirable option in automotive refinishing. Moreover, the excellent adhesion and chemical resistance of these paints position them favorably against traditional options. As the demand for fast and efficient refinishing solutions continues to rise, UV-cured paints are expected to capture a larger share of the market, appealing to sectors where time constraints are critical.

Powder Coatings:

Powder coatings are another type of refinish paint that has garnered attention due to their unique application method and sustainability features. They provide a durable finish that is resistant to corrosion, chemicals, and impact, making them an excellent choice for industrial and automotive applications. The powder coating process eliminates the use of solvents, resulting in minimal environmental impact and waste. As manufacturers and consumers alike prioritize eco-friendly solutions, the demand for powder coatings is growing. Their versatility in application and ability to provide a high-quality finish further enhance their appeal, making them a substantial segment within the refinish paints market.

High Solid Paints:

High solid paints represent a category characterized by a greater concentration of solid materials, leading to enhanced durability and performance. These paints typically have lower VOC content compared to traditional paints, aligning with the increasing environmental regulations in the industry. High solid paints offer excellent coverage and can provide a high gloss finish, making them particularly appealing for automotive refinishing applications. Their reduced need for solvents means that they contribute less to air pollution, making them a preferred choice among environmentally conscious consumers. As refinishing standards evolve, high solid paints are likely to witness a steady increase in acceptance and utilization across various segments.

By Application

Automotive Refinish:

The automotive refinish segment represents a major application area for refinish paints, driven by the continuous need for vehicle maintenance and aesthetics. This segment encompasses repairs and touch-ups of vehicles, ranging from minor scratches to complete repaints following accidents. The expanding automotive industry, coupled with an increasing number of vehicles on the road, drives the demand for high-quality automotive refinish paints. Additionally, the growing trend of car customization and personalization encourages consumers to invest in premium refinish solutions, further propelling the market. Innovations in paint technology, such as the introduction of advanced color matching systems, are also enhancing the automotive refinish segment's growth potential.

Industrial Refinish:

Industrial refinish applications utilize a wide array of refinish paints to maintain and enhance the appearance of machinery, equipment, and structures. This segment is crucial for businesses seeking to prolong the lifespan of their assets and ensure safety compliance through effective maintenance. Refinish paints used in industrial applications are designed to withstand harsh conditions and resist corrosion, making them essential for sectors like manufacturing, construction, and oil & gas. The rising focus on operational efficiency and asset management among industries is driving the demand for industrial refinish paints, as companies increasingly recognize the importance of maintaining equipment appearance and integrity.

Marine Refinish:

The marine refinish segment involves the application of specialized refinish paints that can withstand harsh marine environments, including saltwater and UV exposure. These paints are formulated to provide excellent adhesion, durability, and protection against corrosion, making them essential for vessels such as boats, yachts, and ships. The growth of the marine industry, including recreational boating and commercial shipping, is driving the demand for marine refinish paints. Additionally, advancements in paint technology that enhance performance and reduce environmental impact are expected to foster growth in this segment, as more users seek reliable solutions to preserve their vessels.

Aerospace Refinish:

The aerospace refinish segment is a niche area that requires highly specialized paints designed to meet stringent regulations and performance standards. Refinish paints used in this sector must offer exceptional durability, weight management, and resistance to extreme environmental conditions. The growth in air travel and the expansion of the aerospace sector are contributing to increasing demand for aerospace refinish solutions. Moreover, manufacturers are continuously innovating to develop lightweight and sustainable paint options to enhance aircraft performance and minimize emissions, contributing to the long-term growth of this segment.

Wood Refinish:

The wood refinish segment encompasses a range of products designed to restore and protect wooden surfaces, including furniture, cabinetry, and flooring. This application is often driven by consumer trends favoring aesthetics, sustainability, and craftsmanship. Refinish paints specifically formulated for wood offer superior adhesion, durability, and resistance to wear and tear, ensuring long-lasting beauty for wooden surfaces. The growing trend of DIY home improvement projects and furniture restoration is fueling demand for wood refinish paints, as homeowners increasingly seek to enhance their living spaces with high-quality finishes that align with their personal style and values.

By Distribution Channel

Direct Sales:

Direct sales represent a crucial distribution channel for refinish paints, allowing manufacturers to reach end-users and professional contractors directly. This channel enables companies to establish strong relationships with customers, offer personalized service, and provide product education and support. Through direct sales, manufacturers can showcase their product range and highlight the benefits of their refinish paints, resulting in increased customer loyalty and satisfaction. Moreover, this channel allows for better control over pricing and inventory management, ultimately enhancing the company's profitability and market presence.

Distributor Sales:

Distributor sales play a significant role in the refinish paints market, as they enable manufacturers to expand their reach and penetrate various regional markets. Distributors often have established networks of retailers and contractors, making it easier for manufacturers to access a broader customer base. This channel also provides value-added services, such as technical support and training, which can enhance customer confidence and product adoption. As the demand for refinish paints continues to grow, distribution partnerships are becoming increasingly important for manufacturers seeking to capitalize on emerging market opportunities.

Online Retailers:

Online retailers have become a prominent distribution channel for refinish paints, driven by the increasing shift towards e-commerce and the convenience it offers consumers. This channel allows customers to access a wide variety of products from the comfort of their homes, enabling them to compare prices, read reviews, and make informed purchasing decisions. Online platforms also provide opportunities for manufacturers to reach niche markets and target specific consumer segments effectively. Additionally, the rise of DIY culture has further fueled the demand for refinish paints sold through online retailers, as homeowners increasingly seek to undertake their own projects.

Specialty Stores:

Specialty stores serve as a focused distribution channel for refinish paints, offering curated selections of high-quality products tailored to specific customer needs. These stores often provide expert advice and personalized recommendations, enhancing the overall shopping experience for consumers. Specialty stores may also host workshops and demonstrations to educate customers on proper application techniques and product benefits, fostering brand loyalty and trust. As consumers seek specialized solutions for their refinishing projects, the role of specialty stores is becoming increasingly valued within the refinish paints market.

Automotive OEMs:

Automotive Original Equipment Manufacturers (OEMs) represent a vital distribution channel for refinish paints, particularly in the automotive sector. OEMs often utilize refinish products for both manufacturing processes and warranty repairs, creating a consistent demand for high-quality paints. Collaborating with automotive OEMs allows manufacturers to ensure that their products meet the rigorous standards required by the automotive industry. As the automotive sector continues to evolve, OEM partnerships are expected to drive innovation in refinish paint formulations, further enhancing their market presence.

By Ingredient Type

Polyurethane:

Polyurethane is one of the most popular ingredient types used in refinish paints due to its excellent durability, flexibility, and resistance to chemicals and abrasion. These properties make polyurethane paints particularly suitable for automotive and industrial applications, where long-lasting performance is essential. The ability of polyurethane to provide a high-gloss finish adds to its appeal, especially among consumers seeking aesthetic enhancements for their vehicles. As manufacturers increasingly focus on developing high-performance, eco-friendly formulations, polyurethane-based refinish paints are expected to gain significant traction in the market.

Epoxy:

Epoxy is another critical ingredient type widely utilized in the formulation of refinish paints, especially in industrial applications. Known for its exceptional adhesion and chemical resistance, epoxy paints are ideal for use on metal surfaces and in environments exposed to harsh chemicals. The durability and longevity of epoxy refinish paints make them highly sought after in sectors such as automotive, manufacturing, and construction. As industries continue to prioritize safety and maintenance, the demand for epoxy-based refinish solutions is projected to increase, augmenting its significance in the overall market.

Acrylic:

Acrylic refinish paints are favored for their quick-drying properties and versatility, making them suitable for a range of applications, including automotive and wood refinishing. These paints are known for their vibrant colors and excellent UV resistance, preventing fading and ensuring long-lasting finishes. The ease of application and low odor associated with acrylic paints contribute to their growing popularity among DIY enthusiasts and professionals alike. As consumers increasingly prioritize user-friendly solutions, the demand for acrylic refinish paints is anticipated to grow, bolstered by continuous innovations in formulation and color technology.

Alkyd:

Alkyd-based refinish paints are recognized for their durability and excellent adhesion to various surfaces, making them a popular choice for wood and industrial applications. These paints are derived from natural oils and resins, providing a strong and resilient finish that withstands wear and tear. While alkyd paints have historically been favored for their performance, the rising awareness of VOC emissions has spurred manufacturers to develop low-VOC alternatives. The demand for alkyd refinish paints remains steady, particularly in sectors that prioritize traditional finishes and performance characteristics.

Polyester:

Polyester is increasingly used as an ingredient in refinish paints due to its exceptional weather resistance and durability. These paints are particularly valuable in both automotive and marine applications, where exposure to harsh environmental conditions can lead to deterioration. Polyester-based refinish paints offer excellent gloss retention and color stability, ensuring that surfaces remain visually appealing over time. As the focus on long-lasting and sustainable solutions grows, polyester formulations are expected to gain traction, further enhancing their market share within the refinish paints industry.

By Region

In the North American region, the refinish paints market is projected to witness significant growth, driven by the robust automotive sector and increasing consumer spending on vehicle maintenance. The market is anticipated to reach approximately USD 4 billion by 2025, with a CAGR of 5.5% between 2025 and 2035. The demand for both professional and DIY refinishing solutions is rising, leading to increased sales of eco-friendly and innovative paint options among consumers. Additionally, stringent regulations regarding VOC emissions are driving a shift towards sustainable paint formulations, further bolstering market prospects in this region.

Europe is another key region contributing to the global refinish paints market, expected to reach USD 3.5 billion by 2025. The growth in this region is fueled by the ongoing trend of vehicle customization and restoration, alongside a strong focus on maintaining vehicle aesthetics. The increasing number of automotive workshops and rising consumer awareness regarding the importance of vehicle maintenance further drive demand. Moreover, the introduction of stringent environmental regulations in various European countries is prompting manufacturers to innovate and develop sustainable refinishing solutions, ultimately supporting growth in the refinish paints market.

Opportunities

The refinish paints market presents numerous opportunities for growth, particularly as manufacturers increasingly focus on sustainability and eco-friendly formulations. With the rising awareness among consumers regarding environmental issues, there is a significant demand for low-VOC and waterborne paints. Companies that invest in R&D to develop innovative formulations that comply with environmental regulations are likely to capture a substantial market share. Additionally, the growing trend of DIY projects among consumers is creating opportunities for manufacturers to target this segment with user-friendly and easily applicable refinish paint products, fostering brand loyalty and market penetration.

Furthermore, the increasing popularity of e-commerce is reshaping the distribution landscape for refinish paints. As consumers turn to online platforms for convenience and variety, manufacturers that establish a strong online presence and engage in digital marketing strategies can effectively reach a broader audience. Collaborations with online retailers and specialty stores can enhance visibility and product accessibility, driving sales growth. Additionally, as industries such as automotive, industrial, and marine continue to expand, the demand for reliable and high-performance refinish paints will create ample opportunities for manufacturers to innovate and diversify their product offerings.

Threats

Despite the promising growth prospects in the refinish paints market, several threats could impede progress. One of the primary challenges is the increasing regulatory pressure regarding VOC emissions and environmental safety. As governments worldwide impose stricter regulations, manufacturers need to modify their formulations and processes to comply, which could lead to increased production costs. Additionally, the transition to sustainable practices may require significant investments in R&D and manufacturing capabilities, posing a financial burden on smaller companies. If manufacturers fail to adapt to these evolving regulations, they risk losing market share to competitors who prioritize eco-friendly solutions.

Another threat to the refinish paints market is the volatility in raw material prices. Fluctuations in the prices of chemicals and solvents used in paint formulations can impact production costs and profit margins. Manufacturers may struggle to maintain competitive pricing while ensuring product quality and performance. Furthermore, competition within the market is intensifying, with new entrants and existing players constantly innovating to capture consumer interest. This heightened competition could result in price wars, further squeezing profit margins and challenging the sustainability of smaller companies unable to compete effectively.

Competitor Outlook

• PPG Industries, Inc.
• BASF SE
• The Sherwin-Williams Company
• AkzoNobel N.V.
• RPM International Inc.
• Tikkurila Oyj
• Axalta Coating Systems Ltd.
• Valspar Corporation
• Hempel A/S
• Kansai Paint Co., Ltd.
• Nippon Paint Holdings Co., Ltd.
• Beckers Group
• Henkel AG & Co. KGaA
• Solvay S.A.
• Eastman Chemical Company

The competitive landscape of the refinish paints market is characterized by a mix of established players and emerging companies, all vying for market share in a rapidly evolving industry. Major manufacturers, such as PPG Industries, BASF, and Sherwin-Williams, dominate the market with their comprehensive product portfolios and strong distribution networks. These companies are leveraging their extensive R&D capabilities to develop innovative formulations that align with consumer preferences for sustainability and performance. Furthermore, strategic acquisitions and partnerships are common among industry leaders, enabling them to expand their geographic reach and enhance their service offerings.

Emerging companies are also making significant strides in the refinish paints market by focusing on niche segments and specializing in eco-friendly formulations. For instance, smaller players are capitalizing on the growing DIY trend by offering user-friendly products that cater to consumers looking for home improvement solutions. These companies are often agile and quick to respond to changing market dynamics, allowing them to capture market share from larger competitors. As sustainability becomes a core focus for consumers, companies that prioritize eco-friendly practices and transparent sourcing will likely build strong customer loyalty.

As the market continues to evolve, collaboration and partnerships will play a crucial role in shaping the competitive landscape. Companies that engage in strategic alliances with distributors and retailers can enhance their visibility and product accessibility, allowing for improved market penetration. Additionally, the adoption of digital marketing strategies and e-commerce platforms will be essential for reaching tech-savvy consumers and driving sales growth. In this dynamic environment, companies must remain adaptable and innovative to maintain a competitive edge and capture emerging opportunities in the refinish paints market.

• 1 Appendix

  • 1.1 List of Tables
  • 1.2 List of Figures

• 2 Introduction

  • 2.1 Market Definition
  • 2.2 Scope of the Report
  • 2.3 Study Assumptions
  • 2.4 Base Currency & Forecast Periods

• 3 Market Dynamics

  • 3.1 Market Growth Factors
  • 3.2 Economic & Global Events
  • 3.3 Innovation Trends
  • 3.4 Supply Chain Analysis

• 4 Consumer Behavior

  • 4.1 Market Trends
  • 4.2 Pricing Analysis
  • 4.3 Buyer Insights

• 5 Key Player Profiles

  • 5.1 BASF SE
    • 5.1.1 Business Overview
    • 5.1.2 Products & Services
    • 5.1.3 Financials
    • 5.1.4 Recent Developments
    • 5.1.5 SWOT Analysis
  • 5.2 Hempel A/S
    • 5.2.1 Business Overview
    • 5.2.2 Products & Services
    • 5.2.3 Financials
    • 5.2.4 Recent Developments
    • 5.2.5 SWOT Analysis
  • 5.3 Solvay S.A.
    • 5.3.1 Business Overview
    • 5.3.2 Products & Services
    • 5.3.3 Financials
    • 5.3.4 Recent Developments
    • 5.3.5 SWOT Analysis
  • 5.4 Beckers Group
    • 5.4.1 Business Overview
    • 5.4.2 Products & Services
    • 5.4.3 Financials
    • 5.4.4 Recent Developments
    • 5.4.5 SWOT Analysis
  • 5.5 Tikkurila Oyj
    • 5.5.1 Business Overview
    • 5.5.2 Products & Services
    • 5.5.3 Financials
    • 5.5.4 Recent Developments
    • 5.5.5 SWOT Analysis
  • 5.6 AkzoNobel N.V.
    • 5.6.1 Business Overview
    • 5.6.2 Products & Services
    • 5.6.3 Financials
    • 5.6.4 Recent Developments
    • 5.6.5 SWOT Analysis
  • 5.7 Valspar Corporation
    • 5.7.1 Business Overview
    • 5.7.2 Products & Services
    • 5.7.3 Financials
    • 5.7.4 Recent Developments
    • 5.7.5 SWOT Analysis
  • 5.8 Henkel AG & Co. KGaA
    • 5.8.1 Business Overview
    • 5.8.2 Products & Services
    • 5.8.3 Financials
    • 5.8.4 Recent Developments
    • 5.8.5 SWOT Analysis
  • 5.9 PPG Industries, Inc.
    • 5.9.1 Business Overview
    • 5.9.2 Products & Services
    • 5.9.3 Financials
    • 5.9.4 Recent Developments
    • 5.9.5 SWOT Analysis
  • 5.10 Kansai Paint Co., Ltd.
    • 5.10.1 Business Overview
    • 5.10.2 Products & Services
    • 5.10.3 Financials
    • 5.10.4 Recent Developments
    • 5.10.5 SWOT Analysis
  • 5.11 RPM International Inc.
    • 5.11.1 Business Overview
    • 5.11.2 Products & Services
    • 5.11.3 Financials
    • 5.11.4 Recent Developments
    • 5.11.5 SWOT Analysis
  • 5.12 Eastman Chemical Company
    • 5.12.1 Business Overview
    • 5.12.2 Products & Services
    • 5.12.3 Financials
    • 5.12.4 Recent Developments
    • 5.12.5 SWOT Analysis
  • 5.13 Axalta Coating Systems Ltd.
    • 5.13.1 Business Overview
    • 5.13.2 Products & Services
    • 5.13.3 Financials
    • 5.13.4 Recent Developments
    • 5.13.5 SWOT Analysis
  • 5.14 The Sherwin-Williams Company
    • 5.14.1 Business Overview
    • 5.14.2 Products & Services
    • 5.14.3 Financials
    • 5.14.4 Recent Developments
    • 5.14.5 SWOT Analysis
  • 5.15 Nippon Paint Holdings Co., Ltd.
    • 5.15.1 Business Overview
    • 5.15.2 Products & Services
    • 5.15.3 Financials
    • 5.15.4 Recent Developments
    • 5.15.5 SWOT Analysis

• 6 Market Segmentation

  • 6.1 Refinish Paints Sales Market, By Application
    • 6.1.1 Automotive Refinish
    • 6.1.2 Industrial Refinish
    • 6.1.3 Marine Refinish
    • 6.1.4 Aerospace Refinish
    • 6.1.5 Wood Refinish
  • 6.2 Refinish Paints Sales Market, By Product Type
    • 6.2.1 Solvent-borne Paints
    • 6.2.2 Waterborne Paints
    • 6.2.3 UV-cured Paints
    • 6.2.4 Powder Coatings
    • 6.2.5 High Solid Paints
  • 6.3 Refinish Paints Sales Market, By Ingredient Type
    • 6.3.1 Polyurethane
    • 6.3.2 Epoxy
    • 6.3.3 Acrylic
    • 6.3.4 Alkyd
    • 6.3.5 Polyester
  • 6.4 Refinish Paints Sales Market, By Distribution Channel
    • 6.4.1 Direct Sales
    • 6.4.2 Distributor Sales
    • 6.4.3 Online Retailers
    • 6.4.4 Specialty Stores
    • 6.4.5 Automotive OEMs

• 7 Competitive Analysis

  • 7.1 Key Player Comparison
  • 7.2 Market Share Analysis
  • 7.3 Investment Trends
  • 7.4 SWOT Analysis

• 8 Research Methodology

  • 8.1 Analysis Design
  • 8.2 Research Phases
  • 8.3 Study Timeline

• 9 Future Market Outlook

  • 9.1 Growth Forecast
  • 9.2 Market Evolution

• 10 Geographical Overview

  • 10.1 Europe - Market Analysis
    • 10.1.1 By Country
      • 10.1.1.1 UK
      • 10.1.1.2 France
      • 10.1.1.3 Germany
      • 10.1.1.4 Spain
      • 10.1.1.5 Italy
  • 10.2 Asia Pacific - Market Analysis
    • 10.2.1 By Country
      • 10.2.1.1 India
      • 10.2.1.2 China
      • 10.2.1.3 Japan
      • 10.2.1.4 South Korea
  • 10.3 Latin America - Market Analysis
    • 10.3.1 By Country
      • 10.3.1.1 Brazil
      • 10.3.1.2 Argentina
      • 10.3.1.3 Mexico
  • 10.4 North America - Market Analysis
    • 10.4.1 By Country
      • 10.4.1.1 USA
      • 10.4.1.2 Canada
  • 10.5 Middle East & Africa - Market Analysis
    • 10.5.1 By Country
      • 10.5.1.1 Middle East
      • 10.5.1.2 Africa
  • 10.6 Refinish Paints Sales Market by Region

• 11 Global Economic Factors

  • 11.1 Inflation Impact
  • 11.2 Trade Policies

• 12 Technology & Innovation

  • 12.1 Emerging Technologies
  • 12.2 AI & Digital Trends
  • 12.3 Patent Research

• 13 Investment & Market Growth

  • 13.1 Funding Trends
  • 13.2 Future Market Projections

• 14 Market Overview & Key Insights

  • 14.1 Executive Summary
  • 14.2 Key Trends
  • 14.3 Market Challenges
  • 14.4 Regulatory Landscape

Segments Analyzed in the Report

The global Refinish Paints Sales market is categorized based on

By Product Type

• Solvent-borne Paints
• Waterborne Paints
• UV-cured Paints
• Powder Coatings
• High Solid Paints

By Application

• Automotive Refinish
• Industrial Refinish
• Marine Refinish
• Aerospace Refinish
• Wood Refinish

By Distribution Channel

• Direct Sales
• Distributor Sales
• Online Retailers
• Specialty Stores
• Automotive OEMs

By Ingredient Type

• Polyurethane
• Epoxy
• Acrylic
• Alkyd
• Polyester

By Region

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa

Key Players

• PPG Industries, Inc.
• BASF SE
• The Sherwin-Williams Company
• AkzoNobel N.V.
• RPM International Inc.
• Tikkurila Oyj
• Axalta Coating Systems Ltd.
• Valspar Corporation
• Hempel A/S
• Kansai Paint Co., Ltd.
• Nippon Paint Holdings Co., Ltd.
• Beckers Group
• Henkel AG & Co. KGaA
• Solvay S.A.
• Eastman Chemical Company