Market environment

Metso offers equipment and services for the sustainable processing and flow of natural resources in the mining, aggregates, recycling and process industries. Our services offering covers the whole lifecycle of our customers’ products and processes and accounts for over 50% of our sales.

Minerals segment provides minerals processing equipment, solutions and services for mining customers, and crushing and screening products for aggregates customers. Segment consists of Mining Equipment, Minerals Services, Minerals Consumables, Aggregates Equipment, Pumps and Recycling business areas. These businesses provide minerals processing solutions and systems for mining customers and crushing and screening products for aggregates customers and full-scope services solutions, ranging from spare and wear parts and consumables all the way to highly tailored engineering services. Recycling business area provides equipment and services for mechanical treatment of metal scrap and solid waste for the automotive industry, scrap yards, steel mills, waste handlers and the cement industry among others. Mining industry covers 60% of sales, aggregates about 35% and recycling approximately 5%. Over 60% of sales comes from services.

Flow Control segment sells valves, valve automation and related services for oil & gas and chemical industries, pulp and paper and other process industries. Oil & gas, petrochemical and chemical industries represent over 50% of segments sales, pulp and paper some 20% and the rest is for other process industries.

Megatrends and growth drivers support Metso's businesses.

Urbanization continues to drive infrastructure spending and global demand for minerals. Construction in urban environments calls for stricter requirements for safety, noise and dust.

Growth of the middle class and rising living standards are increasing demand in Metso’s customer industries globally. Growth in copper demand is supported by increased demand for electronics and electric cars.

Scarcity of natural resources leads to processing of harder ores and overall larger processing volumes, increasing the demand for wear and spare parts, and more productive new equipment solutions.

Policies to combat climate change are shifting demand towards solutions that are based on more energy-efficient technologies, or can use biofuels and other renewable energy sources.

In circular economy, Metso’s service business helps customers improve their performance and extend the life of their equipment. Metso offers solutions for metal and waste recycling and the recycling of aggregates. Water efficiency and closed loops are increasingly in demand from our customers.

Digitalization is changing the way industries operate, and it creates new opportunities especially related to performance improvement and better interaction with customers.

Fundamentals of our strategy are: Customer centricity, service leadership, innovation, operational excellence and people and leadership.

Our company structure supports decision-making close to our customers, and we operate seamlessly together to create value for them. We innovate and develop technologies to address future needs. We offer presence and solutions for the whole lifecycle and we are experts in maintaining and improving the whole lifecycle of our customers’ processes. We operate close to them globally, to always serve them locally.

We secure sustaining differentiation with winning innovations. We develop new products and solutions and expand our existing product portfolio. Digitalization is reshaping the way we do business and offering us new ways to serve our customers.

We drive excellence in processes, quality and safety. We continuously develop our ways to operate and our processes throughout the whole supply chain. We know that the best and most motivated team bringing the best results. Developing a strong performance culture ensures the best results for our customers. Competent people with the right capabilities and an open internal job market are key factors for our success.

Metso's competitors are the following companies among others:

  • In mining: FLSmidth, Sandvik, Weir, Outotec and Citic Heavy Industris
  • In aggregates: Terex, Sandvik and Kleemann
  • In metal recycling: Danieli, Harris, Leimbach and Wendt
  • In valves: Emerson, Cameron, Flowserve and Circor Energy
  • In pumps: Weir, KSB Pumps and FLSmidth

In addition, especially in aggregates and valves, a lot of local competitors exist. In valves and waste recycling the markets is very fragmented.

Following external sources provide data on Metso's market environment: