The Group identified five growth drivers which will enable to improve its medium-term development
Energy is one of today’s main issues. Increases in demand, notably in Developing economies, have accelerated the depletion of fossil resources, which are damaging to the environment when used in large quantities. In this context, it’s important to change our methods of producing and consuming energy. Air Liquide has decided to actively contribute to this evolution.
The constant rise in worldwide industrial production has brought about mounting energy needs. For the moment, these needs are mostly met by the use of fossil fuels (coal, petroleum, natural gas). Their use leads to many destructive consequences: climate change, respiratory diseases, etc. Actively engaged in sustainable development, Air Liquide invests 60% of its Research and Development budget in solutions aiming to preserve the environment and life.
Advanced countries are seeing aging populations and an accompanying desire for improved quality of life. This has led to an increase in demand for Group products and medical services. The field of health thus provides strong growth opportunities for Air Liquide. In hospitals and at home, more and more patients benefit from the wide range of Group services.
Developing economies are building new production capacities and industrial infrastructures. The Group is pursuing its development there. Today, Developing economies amount to more than 80% of the Group's investment opportunities portfolio.
Developing more and more specialized technologies fulfills two objectives: it improves everyday life via more powerful, compact technologies that cost less; and it drives scientific progress and knowledge advancement. Air Liquide has joined forces with researchers and scientists to create innovative solutions to meet these objectives.