Which Segment Will Push 3M’s Growth Through 2020?

April 10th, 2019 by Trefis Team
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MMM: 3M Company logo
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3M Company

Trefis estimates growth in the Industrial segment’s revenue will push 3M‘s (NYSE: MMM) total revenue to nearly $34 billion in 2019 and around $35 billion by 2020. The company posted revenue of $32.8 billion in 2018.

We have created an interactive dashboard wherein you can edit the drivers to arrive at your own conclusions, What is the Revenue breakdown for 3M and its potential growth till 2020?  In addition, here is more Industrials data.

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Total Revenue:

  • The company has seen a constant growth in Total Revenue over the past years. The revenue has increased from $30.1 billion in 2016 to $32.8 billion in 2018.
  • Trefis estimates the growth will start stabilizing and the company will post Total revenue of around $34 billion in 2019 and about $35 billion in 2020.

 

Industrial Revenues:

  • Industrial Revenues has been the highest contributor to Total Revenue over the years. The revenue has increased from $10.1 billion in 2016 to $11.4 billion in 2018.
  • Trefis estimates the segment to have steady growth as the global economy shows positive signs and post revenue of approximately $11.8 billion and $12.1 billion in 2019 and 2020, respectively.

 

Health Care Revenues:

  • Health care Revenues has seen fluctuating growth over the years. The revenue has increased from $5.4 billion in 2016 to $5.6 billion in 2018.
  • Trefis estimates the segment to have steady growth on the back of pricing in the near term and to post revenue of approximately $5.74 billion and $5.9 billion in 2019 and 2020, respectively.

 

Safety and Graphics Revenues:

  • Safety and Graphics Revenues has seen high growth over the years. The revenue has increased from $5.5 billion in 2016 to $6.3 billion in 2018.
  • Trefis estimates the segment to have steady growth mainly due to better pricing in the near term and post revenue of approximately $6.6 billion and $6.8 billion in 2019 and 2020, respectively.

 

Consumer Revenues:

  • Consumer Revenues has seen fluctuating growth over the years. The revenue has increased from $4.38 billion in 2016 to $4.44 billion in 2018.
  • Trefis estimates the segment to have steady growth and post revenue of approximately $4.66 billion and $4.72 billion in 2019 and 2020, respectively.

 

Electronics & Energy Revenues:

  • Electronics & Energy Revenues has seen constant growth over the years. The revenue has increased from $4.7 billion in 2016 to $5.1 billion in 2018.
  • Trefis estimates the segment to continue its growth and post revenue of approximately $5.2 billion and $5.4 billion in 2019 and 2020, respectively.

 

 

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