Sherwin-Williams (SHW)

Competitors to Sherwin-Williams (SHW)

AkzoNobel

AkzoNobel competes with Sherwin-Williams in the global paint and coatings market, focusing on both decorative paints and performance coatings. The company's strong commitment to innovation and sustainability has helped it carve out a significant presence in Europe, and it is gaining traction in North America. AkzoNobel emphasizes its product quality and sustainable practices, challenging Sherwin-Williams in segments where environmental credentials are critical. However, Sherwin-Williams maintains an edge in terms of distribution scale and strong brand recognition, particularly in the U.S., which gives it a competitive advantage.

Benjamin Moore

Benjamin Moore, a subsidiary of Berkshire Hathaway, competes with Sherwin-Williams primarily in the premium paint segment. The company is known for its high-quality products and superior customer service, making it popular among upscale residential and commercial clients. While Sherwin-Williams has a larger market presence and extensive distribution, Benjamin Moore distinguishes itself through its premium pricing strategy and a loyal customer base that values quality over cost. Although Benjamin Moore has a strong niche focus, Sherwin-Williams typically leverages its scale for competitive advantage across a broader audience.

DuluxGroup

DuluxGroup, an Australian company, competes with Sherwin-Williams through its diverse range of paint and coating products primarily in the Asia-Pacific market. The brand leverages local market knowledge and customer relationships to differentiate its offerings, often tailoring products to meet regional preferences. While DuluxGroup excels in specific geographic markets, Sherwin-Williams holds a significant advantage in terms of global presence and brand equity, enabling them to leverage economies of scale and an extensive distribution network.

PPG Industries 

PPG Industries and Sherwin-Williams compete primarily in the architectural and industrial coatings markets. Both companies offer a wide range of products and leverage their extensive distribution networks to provide services to contractors, professionals, and consumers. PPG has a strong focus on innovation and sustainability, which appeals to environmentally conscious customers and provides a competitive edge in specific market segments. However, Sherwin-Williams has a broader retail presence with numerous company-operated stores and a strong brand reputation in the DIY segment, positioning it as a formidable competitor.

Valspar 

Valspar, now part of Sherwin-Williams after their 2017 acquisition, was once one of the major competitors in the paint industry, offering a diverse range of coatings and paints targeting both professionals and consumer markets. Valspar competed by focusing on innovation, particularly in color technology and eco-friendly solutions, to attract environmentally aware consumers. Post-acquisition, Valspar is now fully integrated within Sherwin-Williams, which has strengthened the latter by adding complementary product lines and increased market share, effectively eliminating Valspar as an independent competitor.