PPG Makes Fortune’s Most Innovative Companies List
PPG., has announced its recognition on Fortune magazine’s esteemed “America’s Most Innovative Companies” list, ranking at No. 194 overall and No. 49 in the product category. This acknowledgment highlights PPG’s continued commitment to innovation, particularly in the development of products and services that enhance usability, design, and uniqueness. To evaluate product innovation, the ranking considered various factors such as a company’s intellectual property portfolio, as well as the feedback from customers and industry experts.
David Bem, PPG’s Senior Vice President and Chief Technology Officer, expressed the company’s pride in this recognition. “With more than 1,320 granted U.S. patents and 41% of our sales derived from sustainably advantaged solutions, innovation is truly the lifeblood of our growth strategy,” Bem said. “We are continually assessing the needs of our customers, creating innovative solutions that support their goals of sustainability and productivity.” This focus on innovation has driven PPG’s success, positioning it as a leader in the paints, coatings, and specialty materials industries.
The methodology used to create the “America’s Most Innovative Companies” list involved a comprehensive analysis conducted by Statista, which surveyed over 40,000 people to gather insights from a diverse range of perspectives. The evaluation was based on three primary dimensions of innovation: the attractiveness of products and services, their design and usability, and the uniqueness of the solutions offered. In total, more than 8,000 evaluations were collected through various channels, including online survey panels, expert evaluations from recruiters, patent attorneys, and management consultants, as well as feedback from customers and employees.
PPG’s recognition is not just a reflection of its products, but also the company’s overall innovation culture, which integrates technology, sustainability, and design excellence. The company has continually sought to develop new solutions that address the evolving needs of its global customer base. This dedication to innovation is exemplified by PPG’s robust intellectual property portfolio, which plays a key role in securing the company’s competitive advantage.
The recognition on the “America’s Most Innovative Companies” list comes as PPG celebrates more than 140 years of leadership in the industry. The company operates in over 70 countries, serving customers in various sectors, including construction, industrial, transportation, and consumer products markets, as well as aftermarkets. With net sales of $15.8 billion in 2024, PPG has established itself as a trusted partner for customers seeking high-performance coatings and specialty materials.
PPG’s innovation strategy is closely tied to its commitment to sustainability. The company continues to prioritize the development of sustainable solutions, with 41% of its sales coming from products that are considered sustainably advantaged. These solutions contribute to reducing environmental impact while helping customers meet their own sustainability goals. Through continuous innovation, PPG aims to help businesses across industries improve efficiency, reduce waste, and achieve greater environmental responsibility.
The recognition on Fortune’s list is a testament to the company’s long-standing success in transforming the way industries think about materials. PPG’s products are not only designed to perform but also to provide long-term value for customers and the communities in which they operate. From automotive coatings that improve the durability of vehicles to architectural paints that beautify and protect structures, PPG’s products are integral to modern industry.
PPG’s commitment to research and development (R&D) continues to play a crucial role in the company’s innovative success. The company invests heavily in R&D to develop new materials that improve performance and sustainability. For instance, PPG has made significant strides in developing coatings that enhance energy efficiency and reduce the carbon footprint of buildings and vehicles. In addition to environmental innovation, PPG is also focused on enhancing the aesthetics and durability of its products, ensuring that they meet the diverse needs of customers.
In addition to product innovation, PPG’s commitment to improving operational efficiencies has also contributed to its success. The company uses data-driven insights to enhance its supply chain, optimize production processes, and improve customer satisfaction. This approach allows PPG to stay agile in a competitive market while continuing to meet the growing demand for high-quality, sustainable products.
PPG’s recognition on the “America’s Most Innovative Companies” list is a reflection of its deep-rooted culture of collaboration, creativity, and forward-thinking. The company continues to prioritize innovation in everything it does, from product development to customer service. By focusing on continuous improvement and responding to the ever-changing needs of the market, PPG has solidified its place as a leader in the global coatings industry.
The ranking also highlights the importance of a company’s employees in driving innovation. The collaborative culture at PPG, where teams work together across disciplines to develop new ideas, is an integral part of the company’s success. Employees are encouraged to think creatively and challenge the status quo, which has resulted in groundbreaking products and solutions. The company’s strong focus on training and development ensures that its workforce remains at the cutting edge of industry trends, contributing to the ongoing success of its innovation strategy.
