# AKZO NOBEL

Summary updated: 2026-03-20T02:14:18.001588Z
Canonical: https://finbar.com/research/companies/akzo-nobel

## Overview

Akzo Nobel N.V. is a Netherlands-headquartered paints and coatings company whose principal activity is the production and sale of paints and coatings [1](https://app.finbar.com/go?id=P-0a2529b246694d7c8384ede69ae0adac). The group operates through two main segments: Decorative Paints and Performance Coatings [2](https://app.finbar.com/go?id=P-89323643832b47ae96dccccb937cfc34). Its Decorative Paints business serves both professional and do-it-yourself customers with paints, lacquers, varnishes, and color and mixing systems for building and renovation applications [3](https://app.finbar.com/go?id=P-4b08643ec3064c1b91e884b4e44b9ff4). Its Performance Coatings business supplies coatings used to protect and enhance ships, cars, aircraft, yachts, architectural components, consumer goods, and oil and gas facilities [4](https://app.finbar.com/go?id=P-98aa107af2b747d2a8ffdd4b4b112df0). Key brands include Dulux, International, Sikkens and Interpon [5](https://app.finbar.com/go?id=P-462f727cbfa3499ab829b93208922359).

AkzoNobel describes itself as active in more than 150 countries and as a long-established paints company with origins dating to 1792 [6](https://app.finbar.com/go?id=P-892d8569223146e89950458aebca8c93)[5](https://app.finbar.com/go?id=P-462f727cbfa3499ab829b93208922359). The company says its mission is to deliver profitable growth through innovative, high-performance and more sustainable products, and frames its broader purpose as coloring people’s lives, protecting what matters and “Paint the Future together” [7](https://app.finbar.com/go?id=P-01fee3417d514036a59cf6f6e5b34062)[8](https://app.finbar.com/go?id=P-8acb9d1fd926436d95b6d2a6acc2e7d1). In 2024, it reported revenue of €10.7 billion and 34,600 employees on an FTE basis, underscoring its scale as a global coatings manufacturer [9](https://app.finbar.com/go?id=T-1c99a83372cc4695b53ff814f8f66b88)[10](https://app.finbar.com/go?id=P-155db3cf29784e12a7e24a6ce26f79f4).
[1](https://app.finbar.com/go?id=P-0a2529b246694d7c8384ede69ae0adac)[2](https://app.finbar.com/go?id=P-89323643832b47ae96dccccb937cfc34)[3](https://app.finbar.com/go?id=P-4b08643ec3064c1b91e884b4e44b9ff4)[4](https://app.finbar.com/go?id=P-98aa107af2b747d2a8ffdd4b4b112df0)[5](https://app.finbar.com/go?id=P-462f727cbfa3499ab829b93208922359)[6](https://app.finbar.com/go?id=P-892d8569223146e89950458aebca8c93)[7](https://app.finbar.com/go?id=P-01fee3417d514036a59cf6f6e5b34062)[8](https://app.finbar.com/go?id=P-8acb9d1fd926436d95b6d2a6acc2e7d1)[9](https://app.finbar.com/go?id=T-1c99a83372cc4695b53ff814f8f66b88)[10](https://app.finbar.com/go?id=P-155db3cf29784e12a7e24a6ce26f79f4)

## Products & services

AkzoNobel’s products are organized mainly into Decorative Paints and Performance Coatings, which represented about 40.2% and 59.8% of 2024 revenue, respectively.[2](https://app.finbar.com/go?id=P-89323643832b47ae96dccccb937cfc34)[11](https://app.finbar.com/go?id=T-874bb69554c846349823a7dd78c004d9) In Decorative Paints, the company sells interior and exterior decoration and protection products including paints, enamels, varnishes and surface-preparation products, and it also provides related offerings such as mixing machines, color concepts, advice and training.[12](https://app.finbar.com/go?id=P-4719fa4b9cfe48d2b1e7bd58e127511c) Brands named in this portfolio include Dulux, Coral, Flexa, Marshall, Nordsjö, Pintuco, Sadolin, Hammerite, Polyfilla, Sikkens and TITAN.[13](https://app.finbar.com/go?id=P-41943421f1624c1c87313d5d55568b92)[14](https://app.finbar.com/go?id=P-b990161d804b4011a49494b6b9c00403) A specific decorative product highlighted by the company is Dulux Anndru (Angel edition), a wall paint described as helping improve indoor air quality and containing 48% bio-based ingredients.[15](https://app.finbar.com/go?id=P-2abc113e4ebe4cfeae3e2f2e080dcd0a)

In Performance Coatings, AkzoNobel supplies coatings for ships, cars, trucks, aircraft and yachts with functional properties such as corrosion protection, weatherability and resistance to wear and tear.[16](https://app.finbar.com/go?id=P-0dffa415e7474117ba00a6a08cf2bc55) Key brands listed for this segment include International, Interpon, AWLGRIP, Chemcraft, Interlux, RESICOAT, WANDA and Sikkens.[17](https://app.finbar.com/go?id=P-db9f20c2247d46d2a6878feb42a6a619)[18](https://app.finbar.com/go?id=P-5537735b8250483cb571f374c3b01bbc)[19](https://app.finbar.com/go?id=P-4392e48cfe604275a71dec835679a4d6)[20](https://app.finbar.com/go?id=P-a52a0760580840cda9409ae5f83c0069)[21](https://app.finbar.com/go?id=P-c5188c9c2c0841458be8d81bdea78b13)[22](https://app.finbar.com/go?id=P-7ce5cadb0176406b9231a1a91a775095)[23](https://app.finbar.com/go?id=P-3221efbd83e24285a639d814cbcce6f4)[24](https://app.finbar.com/go?id=P-8465b999cf164abea2bf6fa3cc0b0d9d) Product examples include Interpon D2525 Low-E, described as a superdurable low-bake powder coating for extreme environments; Interpon A3000, a single-layer powder coating for two-wheelers intended to reduce cost and energy use without sacrificing performance or aesthetics; and RESICOAT, which is described as improving electrical protection for EV battery systems in a single spray application.[25](https://app.finbar.com/go?id=P-784e4ef3ce9045e085936b139f3e7854)[26](https://app.finbar.com/go?id=P-963dac6815734c5e8dfb3f1e831a9f0c)[27](https://app.finbar.com/go?id=P-9d9e25aaace34c8daabd278ae1cf6d68) The company also highlights lower-temperature cure powder-coating technology and a patented technology for more sustainable metal-effect architectural finishes.[28](https://app.finbar.com/go?id=P-81aeaaaad4e248959bdb1f81219400e2)

Marine and protective products called out by name include Intersleek, a biocide-free marine foul-release coating associated with fuel- and emissions-saving benefits; Chartek passive fire protection and Chartek One; Interline 704HS; Awlcraft 3000; and Intersmooth fouling-control technology used on ship hulls.[29](https://app.finbar.com/go?id=P-e8d789edb9a84584affc6ce4ab411b60)[30](https://app.finbar.com/go?id=P-4ed422ef60a34906b5fb8931404572c8) In automotive, aerospace and industrial coatings, AkzoNobel notes products for OEM and vehicle refinishing applications, aerospace coatings, wood adhesives, wood finishes, and packaging and coil coatings, including next-generation bisphenol-free, PFAS-free and styrene-free technologies.[31](https://app.finbar.com/go?id=P-5f86b020c6694f6c9c6eb6cfe55f83f7)[32](https://app.finbar.com/go?id=P-69684d3a27e74abe9724513cd72fca47)
[2](https://app.finbar.com/go?id=P-89323643832b47ae96dccccb937cfc34)[11](https://app.finbar.com/go?id=T-874bb69554c846349823a7dd78c004d9)[12](https://app.finbar.com/go?id=P-4719fa4b9cfe48d2b1e7bd58e127511c)[13](https://app.finbar.com/go?id=P-41943421f1624c1c87313d5d55568b92)[14](https://app.finbar.com/go?id=P-b990161d804b4011a49494b6b9c00403)[15](https://app.finbar.com/go?id=P-2abc113e4ebe4cfeae3e2f2e080dcd0a)[16](https://app.finbar.com/go?id=P-0dffa415e7474117ba00a6a08cf2bc55)[17](https://app.finbar.com/go?id=P-db9f20c2247d46d2a6878feb42a6a619)[18](https://app.finbar.com/go?id=P-5537735b8250483cb571f374c3b01bbc)[19](https://app.finbar.com/go?id=P-4392e48cfe604275a71dec835679a4d6)[20](https://app.finbar.com/go?id=P-a52a0760580840cda9409ae5f83c0069)[21](https://app.finbar.com/go?id=P-c5188c9c2c0841458be8d81bdea78b13)[22](https://app.finbar.com/go?id=P-7ce5cadb0176406b9231a1a91a775095)[23](https://app.finbar.com/go?id=P-3221efbd83e24285a639d814cbcce6f4)[24](https://app.finbar.com/go?id=P-8465b999cf164abea2bf6fa3cc0b0d9d)[25](https://app.finbar.com/go?id=P-784e4ef3ce9045e085936b139f3e7854)[26](https://app.finbar.com/go?id=P-963dac6815734c5e8dfb3f1e831a9f0c)[27](https://app.finbar.com/go?id=P-9d9e25aaace34c8daabd278ae1cf6d68)[28](https://app.finbar.com/go?id=P-81aeaaaad4e248959bdb1f81219400e2)[29](https://app.finbar.com/go?id=P-e8d789edb9a84584affc6ce4ab411b60)[30](https://app.finbar.com/go?id=P-4ed422ef60a34906b5fb8931404572c8)[31](https://app.finbar.com/go?id=P-5f86b020c6694f6c9c6eb6cfe55f83f7)[32](https://app.finbar.com/go?id=P-69684d3a27e74abe9724513cd72fca47)

## Geographic presence

Akzo Nobel N.V. is headquartered in Amsterdam, Netherlands, with its registered office at Christian Neefestraat 2, Amsterdam. The company states that it is active in more than 150 countries and operates approximately 130 manufacturing sites globally, indicating a broad footprint across Europe, the Americas, Asia-Pacific, the Middle East and Africa.[1](https://app.finbar.com/go?id=P-0a2529b246694d7c8384ede69ae0adac)[33](https://app.finbar.com/go?id=P-41d0b14a2958486ba87dba4b0d21824b)[34](https://app.finbar.com/go?id=P-a1805a6a439e4a93a6d25bf0734b0772)[35](https://app.finbar.com/go?id=P-3835c94743b34dd1af8418567819b308)

By revenue destination in 2024, Europe, the Middle East and Africa was AkzoNobel’s largest market: the Netherlands generated €329 million and other EMEA countries €4,727 million, for a combined €5,056 million out of total revenue of €10,711 million, or about 47.2%. Asia-Pacific contributed €2,979 million, made up of €1,668 million from North Asia and €1,311 million from South Asia Pacific, or about 27.8% of total revenue. North America contributed €1,363 million, or about 12.7%, and Latin America €1,313 million, or about 12.3%.[36](https://app.finbar.com/go?id=P-34624575a5ae424aa18de0c807d3ae5b)[37](https://app.finbar.com/go?id=T-cc27fb3709034bae988ba98a5b74a598)

AkzoNobel reported 35,327 employees in 2024. Its permanent workforce was concentrated in EMEA with 15,922 employees, followed by South APAC with 5,206, Latin America with 4,761, North Asia with 3,916, and North America with 2,991; the company also reported 2,527 temporary employees globally. China alone accounted for 4,278 employees, equal to 12% of the total workforce.[38](https://app.finbar.com/go?id=T-6a8fbc13845649928763c8dad9f07d92)[39](https://app.finbar.com/go?id=T-7f869dfc305e4580a252dc48c1954711)
[1](https://app.finbar.com/go?id=P-0a2529b246694d7c8384ede69ae0adac)[33](https://app.finbar.com/go?id=P-41d0b14a2958486ba87dba4b0d21824b)[34](https://app.finbar.com/go?id=P-a1805a6a439e4a93a6d25bf0734b0772)[35](https://app.finbar.com/go?id=P-3835c94743b34dd1af8418567819b308)[36](https://app.finbar.com/go?id=P-34624575a5ae424aa18de0c807d3ae5b)[37](https://app.finbar.com/go?id=T-cc27fb3709034bae988ba98a5b74a598)[38](https://app.finbar.com/go?id=T-6a8fbc13845649928763c8dad9f07d92)[39](https://app.finbar.com/go?id=T-7f869dfc305e4580a252dc48c1954711)

## Business segments

AkzoNobel reports two operating/reportable segments: Decorative Paints and Performance Coatings. Decorative Paints serves professional and do-it-yourself customers with paints, lacquers, varnishes, mixing machines and color concepts for building and renovation, while Performance Coatings supplies coatings for ships, cars, aircraft, yachts, architectural components, consumer goods, and oil and gas facilities; the company states Decorative Paints is organized regionally, while Performance Coatings is organized by product/end market combinations [3](https://app.finbar.com/go?id=P-4b08643ec3064c1b91e884b4e44b9ff4)[40](https://app.finbar.com/go?id=P-ae79aacb08784076bfb8d91e50f0d376)[4](https://app.finbar.com/go?id=P-98aa107af2b747d2a8ffdd4b4b112df0). Based on 2024 third-party revenue, Decorative Paints contributed €4,301 million, or about 40% of group revenue, and Performance Coatings contributed €6,410 million, or about 60%, out of €10,711 million total [41](https://app.finbar.com/go?id=T-22d62434e97748ff86ebd2ddb91ee8fd).

AkzoNobel also provides a more detailed disaggregation within each segment. Decorative Paints is broken out into Europe, Middle East and Africa (€2,462 million, about 57% of Decorative Paints revenue), Latin America (€825 million, about 19%), South East and South Asia (€555 million, about 13%), and China and North Asia (€459 million, about 11%) [41](https://app.finbar.com/go?id=T-22d62434e97748ff86ebd2ddb91ee8fd). Performance Coatings is broken out into Industrial Coatings (€2,036 million, about 32% of Performance Coatings revenue), Marine and Protective Coatings (€1,575 million, about 25%), Automotive and Specialty Coatings (€1,434 million, about 22%), and Powder Coatings (€1,365 million, about 21%) [41](https://app.finbar.com/go?id=T-22d62434e97748ff86ebd2ddb91ee8fd). The cited business descriptions indicate these end markets cover, respectively, industrial applications such as packaging and wood-related coatings, marine and protective uses, automotive/aerospace/vehicle refinish and other specialty uses, and powder-based coating systems [32](https://app.finbar.com/go?id=P-69684d3a27e74abe9724513cd72fca47)[29](https://app.finbar.com/go?id=P-e8d789edb9a84584affc6ce4ab411b60)[31](https://app.finbar.com/go?id=P-5f86b020c6694f6c9c6eb6cfe55f83f7)[28](https://app.finbar.com/go?id=P-81aeaaaad4e248959bdb1f81219400e2).
[3](https://app.finbar.com/go?id=P-4b08643ec3064c1b91e884b4e44b9ff4)[40](https://app.finbar.com/go?id=P-ae79aacb08784076bfb8d91e50f0d376)[4](https://app.finbar.com/go?id=P-98aa107af2b747d2a8ffdd4b4b112df0)[41](https://app.finbar.com/go?id=T-22d62434e97748ff86ebd2ddb91ee8fd)[32](https://app.finbar.com/go?id=P-69684d3a27e74abe9724513cd72fca47)[29](https://app.finbar.com/go?id=P-e8d789edb9a84584affc6ce4ab411b60)[31](https://app.finbar.com/go?id=P-5f86b020c6694f6c9c6eb6cfe55f83f7)[28](https://app.finbar.com/go?id=P-81aeaaaad4e248959bdb1f81219400e2)

## Company history

AkzoNobel’s roots date to 1792, while part of its broader industrial heritage also traces through older predecessor businesses in northern Europe. A major step toward the modern company came in 1969, when Akzo N.V. was formed; the present-day group was then created in 1994 when Akzo acquired Nobel Industries, combining the Akzo and Nobel lineages under Akzo Nobel.[42](https://www.britannica.com/money/AkzoNobel)[43](https://www.akzonobel.com/en/about-us/our-history)[6](https://app.finbar.com/go?id=P-892d8569223146e89950458aebca8c93)

After its formation, the company expanded through acquisitions, including Courtaulds in 1998, which added the International brand to its portfolio.[43](https://www.akzonobel.com/en/about-us/our-history) Another defining milestone came in 2008, when AkzoNobel completed its acquisition of ICI, substantially enlarging its paints and coatings business.[44](https://www.reuters.com/article/business/akzo-nobel-completes-ici-takeover-to-delist-shares-idUSL02137124/)

In the following decade, AkzoNobel reshaped its portfolio by divesting businesses outside its core coatings activities. It sold National Starch in 2010 and completed the sale of its Specialty Chemicals business on 1 October 2018, marking another major turning point in the company’s history.[45](https://www.reuters.com/article/world/europe/corn-products-buys-akzonobel-unit-for-13-billion-idUSTRE65K13L/)[46](https://app.finbar.com/go?id=P-4cf89103ecb44e82a81e8619965fd5c5)
[6](https://app.finbar.com/go?id=P-892d8569223146e89950458aebca8c93)[46](https://app.finbar.com/go?id=P-4cf89103ecb44e82a81e8619965fd5c5)[42](https://www.britannica.com/money/AkzoNobel)[43](https://www.akzonobel.com/en/about-us/our-history)[44](https://www.reuters.com/article/business/akzo-nobel-completes-ici-takeover-to-delist-shares-idUSL02137124/)[45](https://www.reuters.com/article/world/europe/corn-products-buys-akzonobel-unit-for-13-billion-idUSTRE65K13L/)

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38. [AKZO NOBEL — Full financial report (2024 Y), p71](https://app.finbar.com/go?id=T-6a8fbc13845649928763c8dad9f07d92)
39. [AKZO NOBEL — Full financial report (2024 Y), p68](https://app.finbar.com/go?id=T-7f869dfc305e4580a252dc48c1954711)
40. [AKZO NOBEL — Full financial report (2024 Y), p137](https://app.finbar.com/go?id=P-ae79aacb08784076bfb8d91e50f0d376)
41. [AKZO NOBEL — Full financial report (2024 Y), p143](https://app.finbar.com/go?id=T-22d62434e97748ff86ebd2ddb91ee8fd)
42. [www.britannica.com](https://www.britannica.com/money/AkzoNobel)
43. [www.akzonobel.com](https://www.akzonobel.com/en/about-us/our-history)
44. [www.reuters.com](https://www.reuters.com/article/business/akzo-nobel-completes-ici-takeover-to-delist-shares-idUSL02137124/)
45. [www.reuters.com](https://www.reuters.com/article/world/europe/corn-products-buys-akzonobel-unit-for-13-billion-idUSTRE65K13L/)
46. [AKZO NOBEL — Full financial report (2018 Y), p108](https://app.finbar.com/go?id=P-4cf89103ecb44e82a81e8619965fd5c5)

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