Megatrends such as world population growth, burgeoning urbanization and increasing motorization are indicators of greater global changes. Large cities have a magical appeal for people. Even now, more than half of the world population lives in metropolitan centers. By 2030, two-thirds of the inhabitants of this planet will be city people. Large cities in Africa and Asia are growing especially fast.
All of this has an impact on our climate, energy generation, the development of technologies and, last but not least, on the way our everyday residential and living spaces are shaped. Sustainable concepts to address these trends increasingly demand effective product innovations in the chemicals industry in order to develop solutions that help lower energy consumption and enhance our quality of life.
By focusing on four mega-trends – mobility, urbanization, water and agriculture – LANXESS is in an excellent position to meet the challenges posed by these developments with innovative products and solutions that serve market demand. The stated goal of LANXESS is to effectively help shape the urban future – while simultaneously benefiting from these trends. No wonder the mega-trends play a key role in the growth strategy of the specialty chemicals group. “Our innovative products and solutions are in ever greater demand. China alone is planning to build dozens of new cities in order to keep up with increasing urbanization. This trend along with the growth of the middle class creates a lot of opportunities for us,” explains Axel C. Heitmann, Chairman of the Board of Management at LANXESS.
The fact that sustainability plays a special role in this process is a matter of course for LANXESS.