Top 3 countries with the most paint and coatings companies

1. Germany

Germany is represented by ten companies in the 2025 top 25 ranking – one fewer than the previous year due to the Grebe Holding being acquired by Kansai Helios. Nevertheless, Germany remains the clear leader. The following companies are listed along with their latest paint and coatings revenues:

• BASF: EUR 4,300 million

• Deutsche Amphibolin-Werke (DAW): EUR 1,276 million

• Beckers Group: EUR 621 million

• Brillux: EUR 550 million

• Mankiewicz: EUR 506 million

• Meffert AG Farbwerke: EUR 380 million

• Sto: EUR 618 million

• Mipa: EUR 270 million

• Remmers: EUR 231 million

• Frei Lacke: EUR 176 million

The German segment remains stable overall. Notably, Meffert reported revenue growth of +15.5%, and Mankiewicz grew by +5.86% – placing both among the fastest-growing companies in this year’s ranking.

2. The Netherlands

The Netherlands, as in previous years, is represented by two companies:

• Akzo Nobel: EUR 10,711 million

• Stahl: EUR 715 million

Akzo Nobel remains not only the largest company in the Netherlands but also the top-ranking coatings manufacturer in Europe. Despite market saturation, the company achieved a modest 0.4% increase in revenue.

3. Denmark

Denmark also maintains its position with two companies in the top 25:

• Hempel: EUR 2,185 million

• Flügger Group: EUR 296 million

Both companies recorded significant revenue losses: Hempel saw a –7.1% decline, while Flügger experienced the sharpest drop in this year’s list at –13.2%.

Other countries with a single company in the top 25

In addition to the top 3 countries, several others are represented by one company each:

• Norway – Jotun: EUR 2,980 million (+6.85%)

• Portugal – CIN: EUR 400 million (+1.24%)

• Finland – Teknos: EUR 327 million (–7.89%)

• Italy – IVM Chemicals: EUR 315 million (–1.56%)

• Austria – Tiger Coatings: EUR 307 million (+2.88%)
  – Adler-Werk Lackfabrik: EUR 167 million (+1.21%)

• Turkey – Dyo Boya (Yaşar Holding): EUR 270 million (+3.45%)

• Spain – Briolf Group: EUR 227 million (+5.58%)

• France – Mäder: EUR 192 million (–1.54%)

• Switzerland – Dold Gruppe: EUR 182 million (+1.11%)

• Poland – Śnieżka Group: EUR 175.5 million (+1.4%)

Conclusion

Germany remains the dominant force in the European paint and coatings industry in 2025 – despite dropping from eleven to ten companies in the top 25. The Netherlands and Denmark follow with two companies each, although Danish firms struggled with revenue declines this year. Overall, the ranking remains relatively stable. The combined revenue of the top 25 companies fell slightly to EUR 28.4 billion – a modest decrease of 0.2% compared to the previous year.

For further insights into revenue trends in the European paint and coatings industry, the following rankings are particularly informative:

Top 25 highest-grossing companies:
This ranking provides a detailed overview of the largest companies in the European market. It offers valuable insights into market developments and the positions of leading manufacturers:
Top 25 companies in the European paint and coatings industry

Top 10 companies with the greatest revenue changes:
This analysis highlights the companies that recorded the most significant fluctuations in revenue. A fascinating look at businesses that have undergone major changes:
Top 10 companies with the greatest revenue changes

Revenue development of the top 5 companies:
This summary shows how the five largest European manufacturers performed compared to the previous year – and provides an indication of how stable or volatile the market leaders currently are:
Revenue development of the top 5 companies in the paint and coatings industry 2024

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