Market Trends

Climate change is an important megatrend

Munters is benefitting from strong global drivers and trends that support the use of advanced solutions for climate control. Perhaps the most important megatrend for Munters is climate change, with a focus on resource efficiency, where Munters is well positioned and can be part of the solution for a more sustainable world.

TREND: CLIMATE CHANGE

Around the world demand is increasing for sustainable and energy-efficient solutions for indoor climate control, which help Munters’ customers reduce emissions. Achieving global climate goals will require major investments and force more companies to take responsibility for and ensure sustainability throughout the value chain. Contributing to more efficient use of the earth’s resources is an important success factor.

How Munters is addressing the trend:

Munters’ energy-efficient solutions help customers to meet their climate and sustainability commitments.

Examples:

• Munters’ products can extend the service life of bridges and other infrastructure and thereby create resource efficiency.
• Our solutions can separate hazardous substances in industrial processes and flue gases.
• Munters enables a large proportion of the world’s production of lithium-ion batteries by supplying ultra-dry air.

TREND: INCREASED DIGITIZATION

Increasing data traffic, greater use of cloud services and a growing number of connected devices are driving growth in industries that are exposed to digitization. Digitization also opens up doors to new ways to create value and interact with customers. One example is offering connected service and support.

How Munters is addressing the trend:

Munters’ customer solutions connect products and climate systems, providing more data and control in the customer’s production environment and the entire value chain.

Examples:

• Digitization facilitates new solutions with long-term potential for Munters to sell indoor climate as a service.
• Munters’ IoT solution for connecting farms and food plants, SonarEcho, optimizes the logistics chain and thereby minimizes resource consumption.
• High demand for cooling data centers. Our data center solutions provide significant energy savings compared with traditional cooling.

TREND: POPULATION GROWTH

An increased focus on climate change - and the environment and a scarcity of resources due to global population growth, as well as a growing urban middle-class that consumes more animal and plant based protein, are driving demand for energy- and resource-efficient solutions.

How Munters is addressing the trend:

On the whole, Munters has the most energy-efficient solutions in the market, which help customers increase efficiency and reduce their carbon footprint

Examples:

• Exact climate control in livestock farming optimizes resource consumption in the form of food and water and improves animal health.
• Energy-efficient coolers in supermarkets reduce energy consumption by up to 40 percent.
• Environmentally friendly and energy-efficient air treatment systems, which recycle heat energy and transform it into cooling, are used in office buildings, supermarkets and production facilities.

SUBTREND POPULATION GROWTH: Strict demands on production environments

Higher quality standards, tighter competition and an increased understanding of the impact of the climate on productivity and product quality are raising demand for advanced climate solutions. The food industry needs cost-efficient solutions for mist, ice formation, condensation and other moisture-related problems to meet zero-tolerance guidelines and avoid discrepancy reports.

How Munters is addressing the trend:

Munters offers exact control of the climate to meet our customers’ requirements for better control of their environment.

Examples:

• Munters’ portfolio of Dedicated Outdoor Air Systems (DOAS) is the most efficient in the industry in term of moisture removal.
• A good climate in livestock farming is important for the animals’ well-being as well as the employees’ work environment and increased productivity

SUBTREND: POPULATION GROWTH: Strict regulations

More rigorous laws and environmental standards are driving demand for solutions to reduce pollution from exhaust and flue gases, e.g., in the shipping industry. Requirements are also being tightened on dehumidification efficiency in public buildings, including in the US.

How Munters is addressing the trend:

Munters has many solutions to meet customers’ needs and requirements for treating emissions from coal-fired power plants and ships, where the Group’s mist eliminators purify emissions to a high level.

Examples:

• Munters energy-efficient HVAC solutions (Heating, Ventilation and Air Conditioning) can meet demand for higher energy-efficiency in the food industry, for example.