Company profile

Future of PPG Industries

#
Rank
130
| Quantumrun Global 1000

PPG Industries, Inc. is a US company and worldwide supplier of specialty materials, paints, coatings, and fiberglass. The company is headquartered in Pittsburgh, Pennsylvania and operates in various countries around the world. It is the largest coatings company in the world measured by revenue. Its headquarters is at PPG Place, a retail complex and office in downtown Pittsburgh, and is recognized for its glass facade designed by Philip Johnson.

Home Country:
Sector:
Industry:
Chemicals
Founded:
1883
Global employee count:
47000
Domestic employee count:
Number of domestic locations:
52

Financial Health

Revenue:
$14751000000 USD
3y average revenue:
$14769333333 USD
Operating expenses:
$3662000000 USD
3y average expenses:
$3660666667 USD
Funds in reserve:
$1820000000 USD
Market country
Revenue from country
0.45
Revenue from country
0.29

Asset Performance

  1. Product/Service/Dept. name
    Coatings
    Product/Service revenue
    8580000000
  2. Product/Service/Dept. name
    Industrial coatings
    Product/Service revenue
    5690000000
  3. Product/Service/Dept. name
    Glass
    Product/Service revenue
    481000000

Innovation assets and Pipeline

Investment into R&D:
$487000000 USD
Total patents held:
4141
Number of patents field last year:
4

All company data collected from its 2016 annual report and other public sources. The accuracy of this data and the conclusions derived from them depend on this publicly accessible data. If a data point listed above is discovered to be inaccurate, Quantumrun will make the necessary corrections to this live page. 

DISRUPTION VULNERABILITY

Belonging to the chemicals sector means this company will be affected directly and indirectly by a number of disruptive opportunities and challenges over the coming decades. While described in detail within Quantumrun’s special reports, these disruptive trends can be summarized along the following broad points:

*First off, artificial intelligence (AI) systems will discover new thousands of new compounds faster than humans that can, compounds that can be applied to everything from creating new makeup to cleaning agents to more effective medicines.

*This automated process of chemical compound discovery will accelerate once AI systems are integrated with mature quantum computers by the late 2020s, allowing these AI systems will compute ever more massive amounts of data.

*As the Silent and Boomer generations enter deep into their senior years by the late 2020s, this combined demographic (30-40 per cent of the global population) will represent a significant financial strain on the health systems of developed nations. This crisis will encourage these nations to fast-track the testing and approval process for new drugs that may improve the overall physical and mental health of patients so that they can lead more independent lives outside of the health care system. The chemical industry will partner with the pharmaceutical industry to address this market need.

COMPANY’S FUTURE PROSPECTS

Company Headlines