Investor Presentation
Well-positioned for market growth
Energy
Focus
markets¹
Oil &
Gas
H₂
Hydrogen
•
Market
drivers
•
Energy security
Net zero agenda
High commodity prices
Energy transition
Supportive policy
Technology
Carbon
capture
• Net zero agenda
•
Improving economics
•
Mineral
processing
Materials
Chemicals
Life
sciences
•
Transition to net zero
•
Consumer demand
Supportive policy
Addressable
market (2025)²
$124bn
$4bn
$4bn
Supportive policy
Technology advancement
$21bn
•
Circular initiatives
•
Net zero agenda
$50bn
•
Consumer demand
Onshoring commitments
• Aging populations
$26bn
Market CAGR
2022-20253
6%
67%
29%
7%
1%
6%
Market CAGR
2%
31%
15%
7%
2%
6%
2022-20303
Wood share
today
High
Low
Low
High
Medium
Low
17
Market share
growth
1.
2 3
2.
3.
Oil & Gas refers to upstream and midstream. Chemicals excludes refining
Addressable market sizes estimated using secondary sources, details available in our Capital Markets Day presentation (Nov 2022)
Market CAGR assumptions shown are nominal growth rates based on a range of global inflation assumptions from 0% to 2.5%View entire presentation