Founded in 1902, 3M is a global science and technology company that applies innovation to solve real-world challenges across industries such as health care, electronics, transportation, and consumer goods. With a diverse portfolio of over 55,000 products — including Post-it^® Notes, Scotch^® Tapes, and personal protective equipment — 3M is committed to advancing solutions that make everyday life better. For 2024, 3M posted $24.6 billion in net sales, a change year over year of -0.1% compared to 2023. ASI was unable to obtain specific adhesives sales.

The company operates in three business groups: Safety & Industrial, which posted $11.0 billion in sales for 2024 (46% of total sales); Consumer, with $4.9 billion in 2024 sales (21% of total sales); and Transportation & Electronics, with $7.4 billion in sales for 2024 (32% of total sales). A category the company describes as “Other” accounted for the additional 1% of sales in 2024.

By region, the Americas region accounted for $13.1 billion in sales, or 55% of total sales. China accounted for $2.7 billion in sales, or 12% of total sales. Asia saw $3.8 billion in sales in 2024, representing 16% of total sales, while EMEA posted $4.0 billion in sales, representing 17% of total 2024 sales.

In March of 2024, 3M approved the planned spin-off of its Health Care business, now Solventum Corp. The spinoff was completed on April 1, 2024. 3M's remaining organization consists of 16 divisions managed under three business groups: Consumer, Safety & Industrial, and Transportation & Electronics. Many of the divisions leverage the company's Adhesives technology platform.

Examples of adhesive-related brands within 3M’s portfolio include Scotch-Weld™ structural adhesives, VHB™ tape, Scotch masking, packaging, and filament tapes, Command™ adhesive products, and Post-it repositionable notes.

NOTES: In July 2024, 3M announced a strategic investment in Ohmium International, a developer of efficient Proton Exchange Membrane (PEM) electrolyzers for green hydrogen production, supporting its push into emerging climate technologies. This investment aligns with 3M's commitment to a low-carbon economy and may contribute to decarbonizing its own operations.

On April 1, 2024, 3M finalized the spin-off of its health care business, officially launching Solventum Corp. as an independent entity. Solventum includes more than 20,000 employees led by Bryan Hanson as chief executive officer, Wayde McMillan as chief financial officer, and Carrie Cox as board chair.

Opening image courtesy of 3M.

More on 3M

• Winners of ASC Innovation Awards
• 3M Announces Changes to Board of Directors and Leadership Structure
• 3M Announces Science Based Targets Initiative Validation
• 3M Appoints New Chief Financial Officer
• 3M Invests in Green Hydrogen Developer Ohmium
• 3M Completes Solventum Spin-off