RPM International Inc. manufactures and sells specialty chemical products, including specialty paints, protective coatings, roofing systems, sealants, and adhesives. The company operates across industrial, specialty, and consumer markets with a diverse brand portfolio that includes Rust-Oleum, DAP, and Tremco. RPM's products are available in approximately 159 countries, catering to a global clientele.
RPM generates revenue through four primary segments: Construction Products Group (CPG), Performance Coatings Group (PCG), Consumer Group, and Specialty Products Group (SPG). CPG focuses on construction-related products, PCG offers high-performance coatings and flooring systems, the Consumer Group provides home improvement products, and SPG includes restoration equipment and specialty coatings. The company reported net sales of $7.3 billion for the fiscal year ending May 31, 2024, with international operations contributing about 30% of this figure.
RPM's primary customers include industrial firms, specialty businesses, and consumers seeking DIY and professional products. The company's operational structure is based on its four segments, each focusing on different aspects of the specialty chemicals market. Key factors affecting RPM's business performance include the cost and availability of raw materials, competition in fragmented markets, and seasonal sales variations. Research and development, along with RPM's intellectual property portfolio, play crucial roles in maintaining its competitive edge.