Chemical
PPG Industries slaps up to 20% price hike amid surging global costs & supply turmoil
The company said the increase will apply across paints, coatings and specialty products, implemented on a customer-by-customer basis or where contracts allow
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By ICN Bureau | April 16, 2026
PPG Industries is rolling out sweeping price hikes of up to 20% across its global portfolio, citing surging costs and ongoing market volatility that are rippling through the coatings supply chain.
The company said the increase will apply across paints, coatings and specialty products, implemented on a customer-by-customer basis or where contracts allow.
The move comes as raw materials, energy, transportation and packaging costs climb sharply amid what PPG described as “significant volatility and supply constraints” in global petrochemical and logistics markets.
PPG warned that some segments and regions could see even steeper increases, and signaled that further pricing action may follow if conditions worsen.
“Our top priority remains supporting our customers with consistent quality, dependable supply and technical expertise, even as market conditions remain highly dynamic,” said Tim Knavish, PPG chairman and chief executive officer. “This pricing action allows us to ensure availability of supply as we navigate unexpected and increased cost pressures.”
Behind the scenes, the company’s sourcing, manufacturing and logistics teams are scrambling to offset disruptions by leaning on its global production footprint and supplier network. The goal: keep products moving despite mounting pressure across the value chain.
The pricing shift underscores a broader reality facing manufacturers worldwide—volatile input costs are forcing difficult trade-offs between price stability and supply reliability. For PPG, the message is clear: securing supply now means customers will have to pay more.
