Henkel heading for further profitable growth with adhesives
Henkel regards itself as being well positioned for profitable organic growth in its adhesive technologies business. Thomas Geitner, Executive Vice President Adhesive Technologies, was confident that the business sector was well set to make a major contribution to the achievement of the company’s financial targets for 2012. The world market for adhesives, sealants and surface treatment products and systems is worth around EUR 47 billion, and, over the long term, growing faster than global GDP.
There are four trends driving growth in the adhesives segment:
First, the expansion in adhesives consumption in the emerging economies that already make up 43 % of the sales realized by Henkel’s Adhesive Technologies business sector.
Second, the ever-increasing importance of sustainability in the manufacture of industrial products, for example in the automotive or aircraft industries.
Third, the move away from traditional joining processes such as welding or riveting toward structural adhesive bonding.
And fourth, the employment of adhesive solutions for completely new fields of application such as medicine or lighting engineering.