Sherwin-Williams Co (Sherwin-Williams) is engaged in the development, manufacture, distribution, and sale of paint, coatings, and related products. It also supplies stains, equipment, and floor covering products, architectural paints, coatings, and varnishes. The company serves industrial, commercial, and retail customers.

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Sherwin-Williams has undertaken R&D initiatives to drive solutions for customers, retain and attract industry talent, and spur future growth. The company is simplifying its operations by consolidating 14 resin platforms down to 2 and simplifying over 500 product formulas. This initiative aims to avoid manufacturing capital expenditures, reduce supply risk, and create more robust formulations for future product innovation. Additionally, a product line with 12 platforms and 78 different bases has been transitioned to a single, fully customizable platform with just four tintable bases, allowing for greater customization and cost reduction. The R&D unit of Sherwin-Williams is the global R&D innovation center, which is responsible for driving solutions for customers, retaining and attracting industry talent, and supporting future growth through research and development activities. In FY2025, the company incurred an expense of US$224.8 million on its R&D activities, which grew by 3.5%YoY and stood at 1% of the company’s total revenue.