Analysis
NAICS 32551 is the 2022 NAICS industry for paint and coating manufacturing, part of 3255 (Paint, Coating, and Adhesive Manufacturing).
It has only one more detailed code, 325510, which covers exactly the same activities; the definition, index entries and statistics are on that page.
County Business Patterns counts 1,125 US establishments in this code in 2023, employing 46,345 people at an average annual payroll of $74,924 per employee (62nd percentile of national industries). 28% of the establishments have fewer than five employees, which is close to the national mix.
By establishments it ranks 1st of the 2 codes at this level within Paint, Coating, and Adhesive Manufacturing, with 67.6% of them.
Between 2018 and 2023 the number of establishments fell 2% and employment rose 19%. The 2018 count used NAICS 2017, so part of a large move can come from codes being redefined rather than from businesses opening or closing.
Official definition
See industry description for 325510.
Source: US Census Bureau, NAICS 2022 Manual.