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10 Best Paint Manufacturing Companies in Nigeria

10 Best Paint Manufacturing Companies in Nigeria

03 Oct 2025

The paint industry in Nigeria is quite competitive and has matured significantly. Key factors that define the “best” paint manufacturers here include consistency of product quality, adaptability to the tropical climate (heat, humidity, rainfall), range/diversity of coatings (for interiors, exteriors, marine, automotive, industrial), widespread distribution network, and reputation among contractors & homeowners. Major players like CAP Plc, Berger Paints, and Meyer Plc have been around for decades and have invested in research & development to ensure their formulations resist fading, mildew, and cracking under harsh conditions. CAP Plc in particular has shown strong market share growth, especially after merging with Portland Paints. Businessday NG +1 Smaller but strong players (e.g. Marshal Paints, Vaniah, Accurate) fill niches or compete vigorously in regional markets, delivering good quality at more affordable prices or with fast service. Increasingly, eco-friendly or lower-VOC products are also gaining consumer interest. Challenges for manufacturers include raw material import costs (many pigments/resins have to be imported), exchange rate fluctuations, ensuring consistent quality, maintaining supply chains, and meeting regulatory & environmental norms. Also, competition from informal or lower-cost producers affects pricing. But the top companies generally balance these via scale, strong branding, export potential, and innovation in product mix (e.g., specialty coatings, auto & marine, waterproofing etc.).

1

CAP Plc (Chemical & Allied Products Plc)

A leading producer of premium decorative & industrial paints (brands like Dulux, Caplux, Sandtex). Has grown rapidly in market share, especially after merging with Portland Paints.

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2 Berger Paints Nigeria Plc

Berger Paints Nigeria Plc

One of the oldest & most visible paint brands; strong product range, good R&D, known for premium quality decorative and specialty coatings.

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3

Meyer Plc

Long-standing company with products spanning architectural, marine, industrial coatings, auto refinishes etc.; good reputation among professionals.

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4

IPWA Plc

One of the more diversified manufacturers; covers a wide array of coatings and finishes. Known for marine, protective & industrial coatings in addition to decorative.

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5

Apex Paints Limited

Focuses on both architectural and industrial coatings; recognized for quality and adaptability to local climate conditions.

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6

. Marshal Paints and Chemicals

More specialised but notable: good presence in epoxy, floor paints, waterproofing, screeding etc., with branches in major cities.

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7

Accurate Paints (Accurate Chemical & Allied Industries Ltd.)

Known for quality wall-screeding paints (POP), wide colour palettes, good customer service in Abuja/Lagos etc.

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8

Prestige Paint Nigeria

Branding and product quality focus; serving residential & commercial sectors with variants like emulsions, gloss, marine coatings.

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9

Vaniah Paints

A relatively newer but rising player; premium formulations, good coverage and durability; innovating in coatings adapted to local climates.

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10

Maximum Paints (Maximum Tribe Products Ltd.)

Offers eco-friendly and durable paint options; combining value with quality; recognized in more recent years.

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