Based on its recent analysis of the North American protective and marine coatings market, Frost & Sullivan recognized Hempel with the 2013 Growth Excellence Leadership Award. In 2012, Hempel exhibited double-digit revenue growth well in excess of 20% and increased its overall market share in North America to 9.5%. Frost & Sullivan noted that Hempel’s competitors’ revenue growth rates are more closely aligned with the base year total market growth rate of 2.1%. Hempel’s acquisition of Blome International in 2012 complemented its existing product lines, especially for the oil and gas industry.