Valspar's principal activity is to manufacture and distribute coatings and paint products. It operates in two segments: Paints and Coatings. The Paint segment consists of various products like architectural paints, primers, varnishes, enamels, automotive refinish and other specialty coatings. The Coating segment consists of packaging coatings, industrial coatings for factory application by industrial customers and original equipment manufacturers. Valspar also manufactures specialty polymers, composites, and colorants, which are used internally and sold to other coatings manufacturers. It operates in North America, South America, Australia, Europe, and Asia.