Sherwin-Williams identified as a Market Leader in the “Top 16 Paints and Coatings Companies by MarketsandMarkets 360 Quadrant”.
Paints & coatings are colored substances that, when spread cover surfaces, dry, and leave thin coatings that protect surfaces. They are used for the purposes of decoration and protection in architectural and industrial applications. Paints and coatings provide specific properties such as anti-fouling, flame retardancy, and anti-microbial properties. The demand for eco-friendly and healthier coating systems in the construction industry, as well as the growing need to increase performance, durability, and aesthetics, are important factors driving the growth of the paints and coatings market. The market participants are projected to benefit from increased investment in emerging markets. Stringent and time-consuming regulatory measures, on the other hand, present an expense to market participants.
The Paints and Coatings Quadrant is a comprehensive industry
analysis that provides valuable insights into the global market for Paints and
Coatings. This quadrant offers a detailed evaluation of key market players,
technological advancements, product innovations, and emerging trends shaping
the industry. MarketsandMarkets 360 Quadrants evaluated over 300 Paints and
Coatings companies of which the top
16 paints and coatings manufacturers were categorized and recognized
as the quadrant leaders. The 360 Quadrant effectively maps the companies based
on factors such as revenue, geographic presence, growth strategies, investments,
channels of demand, and sales strategies that were considered for the market
presence of the paints and coatings quadrant.
Access Research Report
@ https://www.360quadrants.com/chemicals/paints-and-coatings
Sherwin-Williams – A Market Leader
The Sherwin-Williams is one of the leading players in the Paints
and Coatings Market. The company is listed as a visionary leader on
the 360Quadrants due to its advanced product offerings and customer-focused
strategy. Sherwin-Williams offers a diverse range of paints and coatings for a
variety of industries and uses. Architectural coatings for residential and
commercial usage, industrial and protective coatings, automotive coatings, and
specialist coatings for aerospace, marine, and other demanding sectors comprise
their extensive product offering. This broad range enables the organization to
serve a diverse consumer base while effectively meeting their specific
requirements.
The Sherwin-Williams Company is an American corporation
headquartered in Cleveland, Ohio. It principally manufactures, distributes, and
sells paints, coatings, floorcoverings, and associated goods to professional,
industrial, commercial, and retail customers in North and South America and
Europe. The Americas Group, Consumer Brands Group, and Performance Coatings
Group are the company's three reportable segments.
Architectural paints and coatings, protection and marine
goods, OEM product finishes, and associated products are available through the
Americas Group sector for architectural and industrial paint contractors, as
well as do-it-yourself homes.
The Consumer Brands Group sector provides retailers and
distributors with a range of branded and private-label architectural paints,
stains, varnishes, industrial goods, wood finishing products, wood
preservatives, applicators, corrosion inhibitors, aerosols, caulks, and
adhesives.
Industrial coatings for wood finishing and general
industrial applications, automobile refinish products, protection and marine
coatings, coil coatings, packaging coatings, and performance-based resins and
colorants are all developed and sold under the Performance Coatings Group
section. Its branches and direct sales staff, as well as outside sales
representatives, service retailers, dealers, jobbers, licensees, and other
third-party distributors.
The Sherwin-Williams Company signed a contract in February
2022 with the state of North Carolina, Iredell County, and the city of
Statesville to significantly increase its architectural paint and coatings
manufacturing capacity and establish a larger distribution facility in
Statesville, North Carolina. Sherwin-Williams intends to invest at least USD
300 million in the project.
360 Quadrants Scoring Methodology
360 Quadrants employs a comprehensive and transparent
scoring methodology to evaluate companies. It identifies relevant evaluation
criteria, collects, and validates data from multiple sources, and employs an
algorithm that considers parameter weights to generate scores. Normalization
ensures fair comparisons, and the aggregated scores categorize solutions into
quadrants such as Market Leaders, Contenders, Innovators, and Emerging
Companies. This unbiased approach equips users with accurate information,
empowering them to make well-informed decisions and select solutions that best
suit their needs and objectives.
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Free Marketing Kit @ https://www.360quadrants.com/chemicals/paints-and-coatings
See Also: Top Lubricants
Companies, Worldwide 2023
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