Trends and drivers

There are several global trends and drivers that impact Gränges and our business. Together with customers and other stakeholders, we aim to capture the business opportunities generated by these trends.

Resource efficiency and sustainability

pressure on the climate and the world’s natural resources. This will lead to an increased demand for business models involving responsible supply chains, recycling, and a circular economy. Sustainable materials which can improve resource efficiency are a key enabler of sustainable development.

Opportunities and risks
  • Increased demand for aluminium products driven by a global focus on sustainable development.
  • Increased focus on reducing the climate impact from the supply chain.
  • Sustainability becoming key criteria for investments, operations, purchasing, and Research & Innovation.
Gränges’ actions
  • Expand sustainable product offerings.
  • Increase circularity and recycling of aluminium.
  • Increase energy efficiency in own operations.
  • Increase collaboration in the value chain to achieve higher traceability and supplier engagement.

Disruptive automotive technologies

Electrification, autonomous driving, connectivity, and the sharing economy are reshaping businesses. The electrification is driven by consumer and regulator acknowledgement of the environmental benefits of electric vehicles. Thermal management of batteries and other components is critical for the reliability and safety of electric vehicles, which is a condition for acceptance by consumers. The sharing economy leads to higher fleet utilization, resulting in new requirements for vehicle materials and design. 

Opportunities and risks
  • Increased development of products and applications for electric vehicles.
  • New designs and material requirements in future vehicles.
  • New players in the automotive industry. 
Gränges’ actions
  • Strengthen capabilities to leverage the technology shift.
  • Use and strengthen Gränges’ R&I competence and create new business opportunities.
  • Extend and broaden customer collaborations and develop new types of partnerships.
  • Increase and broaden the development of flux-less (TRILLIUM®) and flux-free brazing materials.
  • Develop solutions for improved battery performance.

Digitalization and automation

Digital transformation affects all parts of the value chain. The transformation enables more efficient processes, faster development cycles, optimized inventories and better use of resources. It also changes the way companies go to market and interact with customers.

Opportunities and risks
  • Enabling more efficient operations, product development and integrated supply chains.
  • Enabling new ways of interacting with customers and other stakeholders.
  • New value adding services as well as differentiation.
Gränges’ actions
  • Upgrade and integrate IT-infrastructure and plant equipment to enable smart manufacturing and improved productivity.
  • Apply advanced data analytics to optimize critical activities.
  • Ensure sharing of best practices and know-how across the organization.

Economic and political development

Macro factors such as business cycles, as well as changes in trade legislation and emission regulations influence global companies such as Gränges. Geopolitical tensions and trade frictions have a negative impact on the global economy, putting strain on supply chains and disrupting the competitive landscape.

Opportunities and risks
  • Optimization of supply chain through global positioning in different regions.
  • Trade barriers requiring stronger partnerships with customers.
  • Change in vehicle sales volume.
  • Increased aluminium material content per vehicle.
Gränges’ actions
  • Further develop capabilities of heat exchanger materials in North America.
  • Broaden product offering and solutions, enter new niche markets and optimize allocation of current capacities in different regions.
  • Add value through product differentiation and partnerships.