AkzoNobel

What AkzoNobel does

AkzoNobel N.V. is a Dutch public paints and coatings manufacturer founded in 1792 and headquartered in Amsterdam, organized into five business units: Decorative Paints, Marine/Protective/Yacht Coatings, Automotive & Specialty Coatings, Powder Coatings, and Industrial Coatings. The company operates in more than 150 countries with manufacturing and R&D sites across Europe, North America, and Asia, marketing products under globally recognized brands including Dulux, International, Sikkens, Interpon, Coral, Awlgrip, Aerodur, and Resicoat. Core technology capabilities span polymer and resin formulation, corrosion protection (including patented graphene-enhanced Interzone 954), low-VOC waterborne and powder systems, low-temperature cure powder coatings (Interpon D1036 Low-E at 150°C), silicone foul-release marine coatings (Intersleek 2120), intumescent passive fire protection (Interchar 1150), and EV-specific functional powder coatings (Interpon A1000 for NIO battery bottom plates).

AkzoNobel makes money primarily through one-time product sales (B2B negotiated quotes for enterprise OEM accounts and distribution/retail sales for decorative paints) with multi-year supply contracts for OEM customers (NIO, McLaren, BYD, Porsche China, Boeing, CNH Industrial) and volume-based distributor relationships for vehicle refinish and decorative markets. Pricing is not publicly disclosed; the company has announced mid-single-digit to low-teens percentage price increases in 2025–2026 to offset raw material inflation from geopolitical disruptions. The company reported €11.49B revenue in FY2024 and is guiding above €1.48B adjusted EBITDA for FY2025, with a mid-term adjusted EBITDA margin target above 16% and leverage target below 2.5x net debt/EBITDA.

The company is currently in active strategic transition: it has divested AkzoNobel India (€1.4B to JSW Group, completed December 2025) and Pakistan (April 2026), is undergoing a multi-year industrial transformation closing sites in Wapenveld (Netherlands) and Machelen (Belgium), and has announced an all-stock merger of equals with Axalta Coating Systems (~ $25B combined EV, $600M annual synergies, expected closing late 2026 / early 2027). The Boards unanimously rejected a €12.5B joint bid from Nippon Paint and Sherwin-Williams in April–May 2026 in favor of the Axalta transaction.

Name

AkzoNobel

Legal name

Akzo Nobel N.V.

Website

https://akzonobel.com

Company type

Public

Founded year

1792

Operating status

Operating

Headcount range

5,001–10,000 employees

Short description

AkzoNobel is a Dutch public paints and coatings manufacturer founded in 1792, operating in 150+ countries through five business units (Decorative Paints, Marine & Protective, Automotive & Specialty, Powder, Industrial Coatings) under brands including Dulux, International, Sikkens, and Interpon, serving B2B OEMs and consumer/professional decorative markets.

Ownership category

akta.pro rank

Product category

Paints and Coatings

NAICS

Paint and Coating Manufacturing (32551), Paint, Coating, and Adhesive Manufacturing (3255)

SIC

Paints, Varnishes, Lacquers, Enamels & Allied Prods (2851), Adhesives & Sealants (2891)

akta.pro primary industry

Industrial & Protective Coatings (IMAEAGAB)

akta.pro secondary industries

Architectural & Decorative Coatings (IMAEAGAA), Marine & Offshore Coatings (IMAEAGAD), Automotive & Transportation Coatings (IMAEAGAC), Specialty & Functional Coatings (Anti-microbial/Anti-slip/Insulating) (IMAIAKAM)

Keywords

• Decorative paints
• Marine coatings
• Industrial powder coatings
• Automotive refinish coatings
• Aerospace protective coatings

Headquarters

HQ city

Amsterdam

HQ country

Netherlands

HQ region

Europe

Offices9 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Personnel, Infrastructure, Technology or R&D, Marketing or Sales

Revenue model

1. Decorative Paints: Sale of decorative paints (Dulux, Sikkens, Coral, and regional brands) to consumers, professional painters, and contractors through retail, distribution, and direct channels. Revenue generated from water-based and powder architectural coatings, specialty decorative coatings, color mixing services, and training programs (Dulux Academy). Operates in 150+ countries with manufacturing sites in key markets.
2. Marine, Protective and Yacht Coatings: Sale of marine fouling control coatings (Intersleek, Intercept), anti-corrosive protective coatings (Interzone, Interseal), passive fire protection coatings (Interchar), and yacht aesthetics coatings (Awlgrip, Sea Hawk) to shipowners, naval operators, energy companies, and yacht owners. Revenue driven by volume (liters/coatings applied), service contracts for technical in-field support, and fleet management programs.
3. Automotive and Specialty Coatings: Sale of automotive OEM coatings, aerospace coatings, vehicle refinish systems, consumer electronics coatings, and commercial vehicle coatings. Revenue from direct supply contracts with automotive OEMs (Audi, BMW, McLaren, Porsche, BYD, NIO), aerospace manufacturers and airlines (Aerofleet fleet management), and collision repair networks. Includes digital color tools and technical support services.
4. Powder Coatings: Sale of Interpon and Resicoat powder coatings for architectural, industrial, automotive, and functional applications. Zero-VOC sustainable coating solutions sold directly to fabricators, OEMs, and through distribution. Revenue from product sales, with growing contribution from sustainable solutions commanding premium pricing. Includes low-energy cure, bio-based, and functional powder coatings.
5. Industrial Coatings: Sale of coil and extrusion coatings, packaging coatings (for beverage and food cans), and wood finishes and adhesives. Revenue from direct B2B supply to packaging converters, construction material manufacturers, and wood processing companies.

Pricing tiers

Go-to-market motion1 record

Distribution channels5 records

Marketing channels8 records

Core offering

AkzoNobel manufactures and sells paints and coatings through five business units: Decorative Paints (Dulux, Sikkens, Coral), Marine/Protective/Yacht Coatings (International, Awlgrip, Sea Hawk), Automotive & Specialty Coatings (Aerodur, vehicle refinishes, consumer electronics coatings), Powder Coatings (Interpon, Resicoat), and Industrial Coatings (coil, packaging, wood finishes). It also offers digital services such as Aerofleet Coatings Management and drone-based inspection tools for aerospace customers. Products serve B2B enterprise OEMs and professional/B2C decorative paint markets across more than 150 countries.

Product overview

AkzoNobel is a leading global paints and coatings company offering a comprehensive portfolio organized into four main business units: Decorative Paints, Powder Coatings, Marine/Protective/Yacht Coatings, and Automotive/Specialty Coatings. The company markets products under iconic brands including Dulux, International, Sikkens, and Interpon. Key products include protective coatings (Interzone 954, Interchar 1150), marine fouling control systems (Intersleek, Intercept), powder coatings (Interpon D1036 Low-E, Resicoat), and aerospace coatings (Aerodur). AkzoNobel also provides digital services such as Aerofleet Coatings Management for predictive aircraft maintenance and drone inspection tools (Iris CMX, Iris GVI). The company operates across more than 150 countries and serves diverse end markets including construction, transportation, energy, and consumer electronics.

Differentiator

Problem solved

Functional benefit

Brands

• Dulux: Leading decorative paint brand, especially prominent in UK and Australia
• International
• Sikkens
• Interpon
• Coral
• Sea Hawk
• Awlgrip
• Resicoat
• Aerobase
• Aerodur
• Interlux
• Lesonal
• Wanda
• Dynacoat
• Chemcraft
• Zweihorn

Products and services

• Dulux decorative paints
• Sikkens professional decorative paints
• International marine and protective coatings
• Awlgrip yacht coatings
• Interpon powder coatings
• Aerodur aerospace coatings
• Sikkens vehicle refinishes
• Lesonal vehicle refinishes
• Aerofleet Coatings Management digital service
• Intersleek 2120 silicone foul-release coating
• EcoSPARC-optimized Interzone 954 protective coating
• Interchar 1150 waterborne intumescent PFP
• Interpon D1036 Low-E low-temperature cure powder coating
• Cool Roof Coating System
• ChromaCE consumer electronics coatings
• Resicoat functional powder coatings
• Industrial Coatings (coil, packaging, wood)

Quantifiable outcome

• Graphene-enhanced Interzone 954 protective coating reduces maintenance intervals for industrial assets, cutting long-term operating costs for end users in energy, mining, and offshore sectors
• +7 more outcomes

Named customers11 records

Segments6 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration1 record

AI capability4 records

Feature13 records

Partnerships

16 partnerships are on record, tiered flagship, supporting and core.

• Municipality of GenoaflagshipStrategic or Co-development Partner · 25 June 2026AkzoNobel partnered with the municipality of Genoa, Italy, to launch a three-year color plan developed by the company's Sikkens brand. The plan focuses on the historic Old Port area and includes technical guidelines on colors and materials for all future restoration and redecoration projects on building exteriors. AkzoNobel is conducting analytical and historical study of traditional building colors over centuries, providing scientifically based tools for designers, technicians, and citizens. Project divided into three phases, with harbor-front completion in 2026 and full completion by end of 2027.
• AlightsupportingStrategic or Co-development Partner · 26 May 2026Nordic solar developer and independent power producer Alight signed a power purchase agreement (PPA) with AkzoNobel for construction of a 15 MWp solar park in Uppsala County, Sweden. Alight will finance, construct, own, and operate the facility. AkzoNobel will contract clean electricity to power its adhesives site in Kristinehamn and protective coatings plant in Gothenburg. Projected to produce 16 GWh annually from 2027, equivalent to ~3,200 households. This is AkzoNobel's first PPA in Sweden.
• Sparc TechnologiescoreStrategic or Co-development Partner · 1 May 2026Australian graphene company Sparc Technologies collaborated with AkzoNobel and HydroGraph Clean Power to develop EcoSPARC graphene additives integrated into AkzoNobel's Interzone 954 protective coating — a product with 25+ years of market history. The partnership went through more than 6 years of development and 21 months of real-world field testing at coastal and industrial sites in Australia before the graphene-optimized version was commercially launched in May 2026. This represents Sparc's primary commercial pathway for ecosparc globally. AkzoNobel's global reach in 150+ countries positions the partnership to serve as a gateway for Sparc to access European and global industrial coatings markets.
• HydroGraph Clean PowersupportingStrategic or Co-development Partner · 1 May 2026Canadian graphene producer HydroGraph Clean Power collaborated with AkzoNobel and Sparc Technologies to integrate graphene into AkzoNobel's Interzone 954 protective coating for industrial corrosion protection applications in offshore wind, mining, and energy sectors.
• China Energy Engineering Group Co., Ltd.flagshipStrategic or Co-development Partner · 1 May 2026AkzoNobel is supplying high-performance corrosion protection coatings (Interbond 2340UPC and Interseal 670HS) for the Songyuan Hydrogen Energy Industrial Park in China — the world's largest integrated green hydrogen-ammonia-methanol project, constructed by China Energy Engineering Group. Coatings protect critical piping, ammonia tanks, and hydrogen storage spheres. The project validates AkzoNobel's technical capabilities in renewable energy applications and commitment to supporting China's green energy sector.
• McLaren RacingflagshipStrategic or Co-development Partner · 14 January 2026AkzoNobel and McLaren Racing extended their long-running partnership (since 2008) — continuing as McLaren Mastercard Formula 1 Team's exclusive Official Partner: Coatings Solutions and becoming one of the first partners in the McLaren United Autosports WEC Hypercar Team for the FIA World Endurance Championship. The partnership also includes McLaren Automotive (coatings for all models, 100+ colors developed). Joint initiatives in sustainability, technological innovation, product development, and personnel exchange. Demonstrates coatings performance in extreme F1 environments while driving cross-industry innovation.
• Petro Vietnam PaintflagshipStrategic or Co-development Partner · 1 January 2026Petro Vietnam Paint incorporated Sparc's ecosparc graphene additive into its PERAPHENE range of steel protective coatings for highly-corrosive environments — the first international coatings product range to adopt ecosparc outside Australia. New range commercially available from Q3 2026 for marine, offshore, industrial, and infrastructure markets. Discussions began November 2024, with laboratory testing preceding the commercial agreement. Demonstrates the pathway from AkzoNobel's Australian release of enhanced Interzone 954 through to broader international adoption.
• Axalta Coating SystemsflagshipStrategic or Co-development Partner · 18 November 2025AkzoNobel and Axalta Coating Systems announced an all-share merger of equals in November 2025, pending shareholder and regulatory approvals. The combined entity will have ~€7.9 billion total debt, target $600 million annual cost synergies, and conduct a €2.5 billion pre-completion shareholder distribution. EGM scheduled for August 5, 2026. Expected to close late 2026 or early 2027. Creates a premier global coatings company with ~$25 billion enterprise value.
• McLaren AutomotiveflagshipStrategic or Co-development Partner · 17 September 2025AkzoNobel developed the Intertherm 50 high-temperature heat shielding coating applied to McLaren MCL39 F1 car's engine and exhaust components (undercarriage heatshields). Also provides Sikkens coatings for McLaren Racing's factory, transport, pit lane, garage, and equipment. Long-standing partnership since 2008, with Sikkens products applied across McLaren's full portfolio.
• Arkema and BASF (Value Chain Partnership)coreStrategic or Co-development Partner · 11 September 2025AkzoNobel's Interpon brand partnered with Arkema and BASF in a value chain collaboration to reduce carbon footprint of superdurable architectural powder coatings by up to 40%. BASF supplies bio-attributed raw materials (NPG ZeroPCF) manufactured with renewable electricity. Arkema transforms bio-attributed raw materials into reduced-carbon polyester resins. AkzoNobel uses supplier-specific PCF data and bio-attributed materials in Interpon D2525, used on The Shard in London (BREEAM Excellent). Published joint industry case study on methodology and calculations.
• Dorina Nowill Foundation for the BlindsupportingStrategic or Co-development Partner · 1 August 2025AkzoNobel's Coral brand partnered with VML Brasil and the Dorina Nowill Foundation for the Blind in Brazil to create Touching Colors — a sensory innovation translating colors into Cromopoems using braille and sound for 6+ million visually impaired people in Brazil. Coral's 70 colors were translated into sensory descriptions, printed on cards, and assembled into an accessible color fan. Shortlisted in Cannes Lions Industry Craft category 2025. Project launched for Coral's 70th anniversary in Brazil.
• JSW GroupflagshipOthers · 27 June 2025AkzoNobel sold its India business (Akzo Nobel India Limited) to JSW Group, one of India's leading diversified conglomerates, for approximately €1.4 billion enterprise value (22x EV/EBITDA). Transaction includes liquid paints and coatings business. AkzoNobel retained India Powder Coatings business and International Research Center. Net cash proceeds of ~€900 million, with ~€500 million for deleveraging and €400 million share buyback planned. Completed December 2025. This was the first step in AkzoNobel's strategic portfolio review announced October 2024.
• Boeing China (Flying Dream Program)supportingStrategic or Co-development Partner · 20 May 2025AkzoNobel donated Aerodur 3001/3002 base coat/clear coat system for bespoke Flying Dream airplane livery at Boeing 737 Completion Center in Zhoushan, China. Partnership is part of Boeing's Soaring with Your Dream education program promoting aviation engineering to 130,000 students in 1,600+ schools across 20+ provinces. AkzoNobel color experts mixed and applied four colors based on existing brand formulas.
• SignifysupportingStrategic or Co-development Partner · 8 April 2025AkzoNobel and Signify extended their long-standing relationship. Signify (formerly Philips Lighting) is a leader in lighting systems. The partnership involves joint projects combining coatings and lighting technologies for building and urban applications.
• IPG PhotonicssupportingTechnology or Integration · 1 January 2025AkzoNobel's Powder Coatings business partnered with IPG Photonics to explore laser curing technology for powder coatings — an emerging energy-efficient alternative to traditional thermal curing processes. Supports sustainability objectives and customer demand for reduced energy consumption.
• DoneclecoreTechnology or Integration · 1 January 2023AkzoNobel's Aerospace Coatings business partnered with Donecle to develop the Iris CMX drone inspection tool — a second drone-based inspection system that captures precise quantitative data (dry film thickness, color, gloss) using a three-in-one contact-based sensor. Combined with Donecle's existing Iris GVI visual inspection drone, the two-drone system performs full narrowbody aircraft inspections in approximately 30 minutes. The system is ideally suited for airline fleets of 100+ aircraft.

Scale indicators14 records

Recent moves10 records

Expansion highlights6 records

Direct peers

• Hempel: Danish privately held coatings company focused on marine, protective, decorative, and yacht coatings. Acquired Beckers Group in 2024, expanding its industrial coil and extrusion coatings footprint — directly comparable to AkzoNobel's Marine, Protective & Yacht Coatings business.
• Jotun: Norwegian privately held paints and coatings company with strong global positions in marine, protective, decorative, and powder coatings. Closely comparable to AkzoNobel in marine fouling control and protective coatings for offshore and energy applications.
• Asian Paints: India's largest decorative paints company with dominant domestic share and expanding Middle East/Africa presence. AkzoNobel's recent India divestiture to JSW Group (closed Dec 2025, €1.4B EV) reshaped competitive overlap; remains a key regional benchmark for decorative paints performance and growth.
• Sherwin-Williams: The largest global paints and coatings company, directly competing across decorative, industrial, automotive refinish, and protective coatings. Recently attempted a €12.5B takeover of AkzoNobel before withdrawing in June 2026; previously sold its China decorative paints business to AkzoNobel in 2023.
• BASF Coatings: Coatings division of BASF SE, one of the world's largest chemical companies, competing in automotive OEM, automotive refinish, industrial, and decorative coatings. Direct overlap with AkzoNobel's Automotive & Specialty Coatings and Industrial Coatings segments.
• Axalta Coating Systems: US-listed coatings company focused on light-vehicle OEM, refinish, and industrial coatings. AkzoNobel's announced merger-of-equals partner (Nov 2025), creating a ~$25B EV combined entity; strong overlap in automotive refinish and industrial end markets.
• PPG Industries: Major US-headquartered competitor across industrial, automotive OEM and refinish, aerospace, and protective coatings. Overlaps directly with AkzoNobel's Automotive & Specialty Coatings and Industrial Coatings segments and is a consistent benchmark in M&A discussions in the global coatings space.
• RPM International: US specialty coatings company with a federation of brands serving construction, industrial, and consumer markets. Comparable to AkzoNobel's specialty coatings portfolio (fire protection, intumescent, corrosion-resistant, and architectural finishes).
• Kansai Paint: Japanese paints and coatings manufacturer with leading positions in automotive OEM coatings globally and decorative paints across Asia, Africa, and the Middle East. Direct overlap with AkzoNobel in automotive OEM and industrial coatings; operates with similar geographic breadth.
• Nippon Paint Holdings: Asia's largest paint manufacturer with leading positions in decorative paints across Japan, China, and emerging Asia. Jointly bid with Sherwin-Williams to acquire AkzoNobel for €12.5B in 2026 before withdrawing; directly comparable in decorative paints, automotive, and industrial coatings.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks7 records

Key highlights7 records

Customer concentration

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Compliance5 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles13 records

Subsidiaries4 records

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A16 records

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about AkzoNobel