Sandvik Materials Technology

Three persons in factory.

Business area Sandvik Materials Technology is a world-leading manufacturer of advanced stainless steels and special alloys for the most demanding industries.

Key figures 2019

Revenues: 15,279 million SEK
Operating profit: 1,444 million SEK
Adjusted operating profit: 1,787 million SEK
Employees: 5,726

President

Göran Björkman

The offering covers a large variety of product forms, such as tube, pipe, bar and strip steel as well as products for industrial heating.

With a unique expertise in materials technology and extensive insight into industrial processes and applications, products and services are continuously developed to increase customer productivity and safety, while often reducing the environmental impact.

Revenues by customer segment

  • Energy 44
  • Engineering 21
  • Consumer&Electronics 12
  • Automotive 6
  • Chemicals 6
  • Aerospace 3
  • Construction 3
  • Other 5

Revenues by market area

  • Europe 56
  • North America 24
  • Asia 17
  • Africa/Middle East 2
  • South America 1

Demand drivers

  • Energy demand
  • Industrial production
  • Environmental demands and legislation e.g. reduced emissions and energy consumption
  • Materials evolution i.e. advanced material requirements such as additive manufacturing
  • Increased demand for safety, reliability and more sustainable materials

Websites for products and services


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