# If PPG Industries moves, who benefits? How far does the value-chain ripple reach?
Canonical: https://valuechain.wiki/ppg-industries · Facet: ripple · Updated: 2026-09-24T11:09:25.326382+00:00 · Source: ValueChain.wiki (cited money-flow graph)

**Citable summary**: Per the valuechain.wiki graph, PPG Industries is directly linked to 3 companies (1 supply, 2 revenue relationships) and reaches 8 companies within two hops; the links are backed by 7 dated sources, 2 of them primary filings (as of 2026-09-24).

PPG Industries operates across Global specialty coatings maker. It is +11.9% in 2026. Demand side (avg -12.2%), the stock (+11.9%) and supply side (avg +23.4%) are moving in step. Propagation has completed a lap, so the next leg depends on individual results more than chain direction. Among connected nodes the furthest ahead is Mitsubishi Chemical Holdings (+23.4%) and the furthest behind is Hyundai Motor Company (-22.2%). If chain logic explains the gap, the laggard is the next propagation candidate; if not, the link itself deserves a second look. Its manufacturing depends on resins, solvents, titanium dioxide, additives and pigments, while demand follows production and aftermarket activity in automotive and aerospace markets.

## Demand chain (leading)
- T1 Boeing (https://valuechain.wiki/boeing.md)
- T2 SES S.A. (https://valuechain.wiki/ses.md)
- T2 Viasat (https://valuechain.wiki/viasat.md)
- T3 Delta Air Lines (https://valuechain.wiki/delta-air-lines.md)
- T2 United Parcel Service, Inc. (https://valuechain.wiki/united-parcel-service.md)
- T3 Amazon (https://valuechain.wiki/amazon.md)
- T3 W. W. Grainger (https://valuechain.wiki/w-w-grainger.md)
- T3 Williams-Sonoma, Inc. (https://valuechain.wiki/williams-sonoma.md)
- T2 FedEx (https://valuechain.wiki/fedex.md)
- T3 AutoZone (https://valuechain.wiki/autozone.md)
- T2 United Airlines Holdings, Inc. (https://valuechain.wiki/united-airlines-holdings.md)
- T3 JPMorgan Chase (https://valuechain.wiki/jpmorgan-chase.md)
- T1 Hyundai Motor Company (https://valuechain.wiki/hyundai-motor-company.md)

## Supply chain (benefiting)
- T1 Mitsubishi Chemical Holdings (https://valuechain.wiki/mitsubishi-chemical-holdings.md)

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Full node: https://valuechain.wiki/ppg-industries.md · JSON: https://valuechain.wiki/ppg-industries.json