2018 Investor Day Industrial Business Group

Transcription

1 2018 Investor Day Industrial Business Group Jim Bauman Executive Vice President November 15, 2018

2 Agenda: Industrial Business Group 2018 Investor Day Nov 15, 2018 Business overview Platforms for growth Factory automation 2

3 Industrial Advancing industry performance 2018e sales $12.4B Customers serving broad and diversified industrial markets Business model driving improved performance and productivity for end-users in faster-growing markets Advanced Materials $1.2B Automotive Aftermarket $1.7B Abrasives $1.8B Separation & Purification $0.9B Adhesives & Tapes $4.7B Automotive & Aerospace $2.1B 3

4 Accelerating growth in faster-growing market segments Accelerating end-user demand Through innovative business models End-user demand creation through digital and marketing specialization Platforms for growth Structural bonding Biopharmaceutical filtration Surface finishing Automotive electrification Advancing factory automation Leveraging our application expertise Expand into automation-enabled solutions 4

5 Driving value with our customers Applying materials performance Solving design challenges Application development support Customer Scaling and automating operations Innovating the production process 5

6 Differentiating value in our industrial business models Designed-in or regulated Brand-driven consumables Bonding Filtration Masking tape Box-sealing tape Automotive Fluoropolymers 6

7 Accelerating end-user demand Innovative business models Access to broader 3M portfolio Multiple channels I Specialized segment marketing and application development in our two go-to-market models: designed-in and brand-driven consumables Increased relevance through broader access to 3M products Enhanced end user coverage Distribution partners Direct to OEMs Value added resellers (Converters) Digital commerce 7

8 Building on the core and developing new platforms Adhesives Core Accelerating Automation Precision surface conditioning Structural bonding Dispensing equipment Additive manufacturing Tape solutions Biopharmaceutical filtration Machine vision Filtration solutions High-performance polymers Surface finishing End-of-arm tooling Industrial software Automotive electrification 8

9 3M s assembly solutions enable design flexibility Market trends Replacing mechanical fasteners, light-weighting and dissimilar materials How we win Most comprehensive and unparalleled tape and adhesive technologies 3M Scotch-Weld PUR Adhesives Polyurethane and Hybrids 3M Adhesive Sealants 3M Scotch-Weld Structural Adhesives Epoxy, Acrylic, Urethane 3M Hot Melt Adhesives 3M Laminating Adhesives 3M Contact and Spray Adhesives 3M VHB Tapes Acrylic Foam Tapes 3M Re-closable Fasteners Dual Lock and Hook and Loop 9

10 Structural bonding Market segments Aerospace, Automotive OEMs, Automotive aftermarket, Electronics Market trends Automation, light-weighting, sustainability, composites and dissimilar materials, replacing mechanical fasteners How we win Unique chemistry and technology, creates process speed and design flexibility for our customers through application development Segment opportunity $12B Growing 6% to 8% 10

11 Biopharmaceutical filtration Market segments Recombinant proteins, vaccines Market trends Increasing biopharma drug pipeline, increasing speed to clinical trial, increase in biosimilars How we win Enhanced performance through distinctive materials; improved customer yields and productivity Segment opportunity $5B 3M Core Filtration Precision Membranes 3M Surface Modification Technology Growing 10% to 12% 11

12 Surface finishing Market segments Metal fabrication, Automotive OEMs, Automotive aftermarket, Medical, Aerospace, Electronics Market trends Fine-finishing, enhanced productivity, automation, new emerging substrates How we win Brand, step-change performance in fine-finishing, super-abrasives, automated solutions Segment opportunity $5B Growing 8% to 10% 12

13 Auto electrification: light-weighting and assembly solutions Market Segments Automotive OEMs and automotive tiers Market trends Improved range and lower CO 2 emission standards, light-weighting and novel bonding solutions How we win Structural bonding solutions, glass bubbles and Thinsulate Acoustic Insulation enable light-weighting and a better cabin experience Segment opportunity $8B Growing 8% to 10% 13

14 Advancing factory automation Increasing relevance with our customers through industrial automation Automation-ready: high quality, reliable, predictable, design-in and consumable solutions Automation-enabled solutions: supplier of materials, hardware and software Segment opportunity Dispensing equipment Additive manufacturing Machine vision End-of-arm tooling Industrial software $50B+ Growing 8% to 10% 14

15 Automation example: wheel weight application From: manual operation with multiple sizes To: automation enabled solution Manual placement Automated placement 15

16 Automation example: automotive OEM paint finishing From: manual operation with significant variability To: automation-enabled solution Manual application Robotic sanding, finishing, polishing 16

17 Sustainability-inspired innovations for our customers Reduced and solvent-free adhesives Light-weighting vehicles for fuel efficiency Cutting faster, offering significant ergonomic and productivity gains Enhancing performance of water treatment systems 17

18 Summary Organic local-currency growth % to 5% Driving share gain with expanded end user reach Accelerating growth through expanded platforms Advancing industry performance through automation-ready to automation-enabled solutions 18

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