Chemicals & Materials

PPG Industries, Inc.

Company Profile Analysis

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PPG Industries, Inc. - Chemicals & Materials showcase

Year Founded & Workforce

1882-12-31

47,300 Employees

Industry

Chemicals & Materials

Services

P

PPG Industries, Inc. Overview

Company Headquarters: US

Founded: 1883

Workforce: ~47,300

Company Working: PPG Industries, Inc. manufactures and distributes coatings, specialty materials, and glass products. It operates through two segments—performance coatings and industrial coatings segments. The performance coatings segment offers a variety of protective and decorative coatings, sealants, finishes, paint strippers, stains and related chemicals, transparencies, and transparent armors. The industrial coatings segment includes industrial coatings, automotive OEM coatings, specialty coatings and materials, and packaging coatings business units. The industrial coatings and automotive OEM coatings business unit provides adhesives, coatings, metal pretreatments and sealants for the consumer electronics, OEM, agricultural, appliances, construction equipment, building products, and transportation vehicles. The company operates in the Americas, Europe, the Middle East & Africa, and Asia-Pacific.

Strategy

PPG Industries, Inc. follows both organic and inorganic approaches as a part of its market growth strategy. The company’s sustained revenue performance, diverse end markets, and well-established manufacturing and distribution network are some of the major strengths of the company, which has enabled it to reach major geographies globally. Also, as a part of its inorganic approach, the company focuses on acquisitions and business expansion strategies to create growth opportunities in the field of global paints and coatings.

Company Snapshot

$14,766M

Revenue

47,300

Employees

1882-12-31

Founded

US

Headquarters

SWOT Analysis

Strengths

  • Sustained revenue performance attracts new and potential investors
  • Diverse end-use applications attract new and potential customers
  • Well-established manufacturing and distribution network
  • Global leader for coatings
  • Net assets increased by USD 231 million since 2016
  • Increase in revenue in 2018
  • Diverse end-use markets

Weaknesses

  • Decline in profitability
  • Long-term debt of USD 4,134 million
  • Lawsuits
  • Dependent on raw material suppliers

Opportunities

  • Business expansion initiatives enhances future growth business opportunities and expansion plans
  • Positive outlook for global paints and coatings market
  • Strategic acquisitions to support inorganic growth strategy
  • Strategic expansion and mergers and acquisitions
  • Strategic expansion in untapped markets

Threats

  • Volatile raw material prices could affect PPG's operating results
  • Intense competition may put strain on the company's margins
  • Fluctuating foreign currency exchange rates
  • Volatile raw material prices
  • Fluctuating foreign exchange rates

Key Developments

DateApproachDevelopment
August 2018R&DPPG has planned to build a new paints and coatings R&D center in Tianjin, China. The center will be operational in 2021 and will strengthen its R&D footprint in China and other countries of Asia-Pacific. This development with will help strengthen its market position and serve customers across the globe.

Product Offering

  • PPG Industries, Inc.
    • HI-SIL silica
    • AGILON performance silica
    • FLO-GARD silica
    • INHIBISIL silica
    • LO-VEL silica
    • SDS

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About the Author

Wantstats Research Team

Wantstats' research desk profiles PPG Industries, Inc. as part of our ongoing coverage of the Chemicals & Materials sector, drawing on public company data, filings, and market intelligence.

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I have been reading the first document or the study, the Global HVAC and FP market report 2021 till 2026. Must say, good info! I have not gone in depth at all parts, but got a good indication of the data inside!
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Thanks for your great support. Appreciate it. Well received report. It helps us to understand market well. We're planning other area of survey in the future, let's keep in touch.
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Strategy & Business Development Director, Dogan Holding

We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.
Noah Malgeri
Noah Malgeri

Co-Founder, Mojave Rail Fabrication Limited

This is really good guys. Excellent work on a tight deadline. I will continue to use you going forward and recommend you to others. Nice job.
Michael Robert

Manager, JavolVision

Thanks, I am so happy that we worked together. Maybe we still can work together in the future.
Joseph Aguayo
Joseph Aguayo

Sales Operations & Pricing Manager, Intel

Thanks. It's been a pleasure working with you, please use me as reference with any other Intel employees.
Bong Lau

Sales Leader, Bamberg

We bought your "2025 report" in 2020. Everything is fine and very good.
Peter Groot Koerkamp
Peter Groot Koerkamp

Account and Business Manager, EFS-Holland BV

Thanks for sending the report it gives us a good global view of the Betaïne market.
Younghwan Choi
Younghwan Choi

Senior Retail Manager, LG Chem

We found the report very insightful! we found your research firm very helpful. I'm sending this email to secure our future business.
Mark Irwin

Management Consultant, Level 21

I am very pleased with how market segments have been defined in a relevant way for my purposes (such as "Portable Freezers & refrigerators" and "last-mile"). In general the report is well structured. Thanks very much for your efforts.
Rob Kooiker

Group Product Manager HVAC & Fire Protection GMA, Rockwool

I have been reading the first document or the study, the Global HVAC and FP market report 2021 till 2026. Must say, good info! I have not gone in depth at all parts, but got a good indication of the data inside!
Jason Lee

R&D Director, Seojin

Thanks for your great support. Appreciate it. Well received report. It helps us to understand market well. We're planning other area of survey in the future, let's keep in touch.
Akif Moroglu

Strategy & Business Development Director, Dogan Holding

We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.

PPG Industries, Inc.

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