Chemicals & Materials

Sherwin Williams Company

Company Profile Analysis

ESOMAR 23 Corporate BadgeISO Certifications Badge
Sherwin Williams Company - Chemicals & Materials showcase

Year Founded & Workforce

1865-12-31

64,000 Employees

Industry

Chemicals & Materials

Services

S

Sherwin Williams Company Overview

Company Headquarters: Ohio, US

Founded: 1866

Workforce: ~ 64,000

Company Working: Sherwin Williams Company specializes in the manufacturing of numerous types of paints and coatings products. The company makes its products available through a chain of over 5,000 stores which are operated by the company and through mass merchandisers, independent paint dealers, home centers, automotive retailers, hardware stores, and industrial distributors across various parts of North America, parts of Europe, China, Australia, and New Zealand. The company serves numerous industries such as transportation, construction, and packaging by offering a wide array of product under brands such as Miniwax, Purdy, Carbot and Krylon, among others. Also, it has around 136 manufacturing and distribution facilities across various geographical regions, further enabling the company to expand their market penetration.

Strategy

Sherwin Williams Company focuses on innovation, growth and creativity and is seeking to be customer-centric by implementing growth strategies such as acquisition. The world-class portfolio of brands enables the company to acquire considerable market share by offering products according to the consumer requirements. The concept of progress has been at the heart of Sherwin Williams Company since its inception more than 150 years ago, driving the business to many of its defining successes. Moreover, it is continuously taking efforts to grow the business, for instance, the company is building an R&D center in Brecksville, Ohio and a new global headquarter in Cleveland.

Company Snapshot

$18,361.7M

Revenue

64,000

Employees

1865-12-31

Founded

Ohio, US

Headquarters

SWOT Analysis

Strengths

  • Extensive industry experience
  • Strong brand recognition and reputation
  • Offers wide array of products

Weaknesses

  • Replicable business model can allow the competitors to formulate the same policies
  • Uncertainties in the form of commodities price risk, credit risk, foreign exchange risk and interest rate risk.

Opportunities

  • Business growth through from online channel
  • New trends in costumer behavior
  • Strategic acquisitions to diversify the company's operations and product offering

Threats

  • Fluctuations in the raw material prices
  • Impact of foreign exchange fluctuations

Key Developments

DateApproachDevelopment
November 2022AcquisitionSherwin-Williams Company announced the acquisition of German wood coatings companies named Oskar Nolte GmbH and Klumpp Coatings GmbH for accelerating its growth opportunities in industrial wood market.
October 2022AcquisitionSherwin-Williams Company acquires Italian wood coating company name Industria Chimica Adriatica S.p.A: Sherwin-Williams Company announced the acquisition of Industria Chimica Adriatica S.p.A, company that specializes in designing, manufacturing, and distributing industrial wood coatings that has applications in flooring, kitchen cabinets, and furniture.
July 2022AcquisitionSherwin-Williams Company acquires Dur-A-Flex: Sherwin-Williams Company completes the acquisition of Dur-A-Flex. This acquisition would help the company to leverage the expertise of Dur-A-Flex in resinous flooring and numerous coating technology systems such as Accelera polyurea performance topcoats, Poly-Crete cementitious urethane concrete coatings and fast-cure methyl methacrylate (MMA) systems.

Product Offering

  • Sherwin Williams Company
    • Floor Coatings

Financial Performance

A plan for every need

Forecast+

Get unlimited access to forecasts, charts, and company data across every research report on Wantstats.

USD200/mo

About the Author

Wantstats Research Team

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

Powering the world's best teams.
From next-gen startups to established enterprises.

Google logo
Amazon logo
Microsoft logo
Intel logo
Neste logo
McKinsey & Company logo
Deloitte logo
Accenture logo
Oracle logo
PWC logo
EY logo
Honeywell logo

See our work in action

Start your data driven journey with us!

Book a Demo Now

What our clients say

Trusted by forward-thinking businesses
for data-driven intelligence

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.
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.

Sherwin Williams Company

Starting from
$4,950