Market environment and competitive position
Metso is well positioned in all of our customer industries globally.
Our customers’ and their customers’ needs derive from certain global trends – urbanization of communities, a circular economy, digitalization, an ever-increasing need for minerals, and the growing demand for oil and gas. We need raw materials to maintain our modern way of living. Many types of materials and waste can also be reused after the appropriate processing. Developing energy-efficient and cost-effective processes for refining different waste streams is a big business opportunity, as the global risk of material scarcity is continuously increasing.
Mining companies today are faced with declining ore grades and more complex ore bodies, as well as increasing environmental and safety requirements. In the quest for capital efficiency, continuous performance improvement has become the biggest challenge in the industry.
To accommodate growing populations, more houses, parks and roads, among others, are needed. Many aggregates producers are now studying the possibility of producing crushed sand, as natural sand deposits located near growth centers are being depleted and environmental regulations are becoming stricter.
Paper mills, power plants and oil refineries have countless needs for valves. As they evolve to stay competitive and to respond to new emissions regulations, they are constantly seeking ways to make their processes more reliable and efficient.