PPG Industries, Inc., a global leader in the manufacturing of coatings, linings, and fiberglass, has been given a neutral rating by UBS.

The company primarily serves the automotive, transportation, and construction sectors, with a strong emphasis on high-performance coatings, which make up 61.2% of its net sales. The remaining 38.8% of sales come from industrial coatings.

PPG's net sales are distributed across various regions, with the United States and Canada contributing 41% of sales. Europe, the Middle East, and Africa account for 30.8% of sales, while Asia-Pacific and Latin America represent 15.8% and 12.4% respectively. This diverse market presence highlights PPG's strategic positioning in the coatings industry.