Henkel has recently extended its grip on this $21-billion to $23-billion industry via its recent $400-million purchase of Dexter’s Specialty Polymers business.
This deal, according to World Adhesives File 2000-2005 — a recent report published on the global adhesives industry by Market Tracking International (MTI) — will see Henkel increase its market share of the world adhesives industry from 12% to 14%. A combined Loctite (Henkel)/Dexter operation will now have a dominant position in the fast-growing electronics-adhesives market, which is currently experiencing double-digit growth.