For the 14th time, the trade association Composites Germany e.V., Berlin/Germany, has released current key performance indicators (KPI) for the fiber-reinforced plastics market. Again, the survey covered all the member companies of the 3 biggest umbrella organizations of Composites Germany: AVK, Composites United and the VDMA Working Group on Hybrid Lightweight Construction Technologies.
The assessment of the prevailing business situation produced rather restrained results in the last few surveys, and this trend is continuing. Respondents in all 3 regions (Germany, Europe and worldwide) under review continue to give negative assessments of the general business situation. Ratings have reached the lowest figures since the surveys were started in January 2013.
In total, for example, 37% of respondents describe the general business situation in Germany as rather or very negative. In the previous survey this figure was only 26%. This shows a sustained lack of optimism about the general market environment.
These rather subdued expectations also tend to prevail among respondents assessing their own business situations. About one third of respondents, for instance, describe the situations of their own companies as rather negative or even very negative. The ratings display only minor differences in the various regions (Germany, Europe and worldwide).
For further information: https://composites-germany.org/index.php/en/news-en/market-information/682-14th-composites-market-survey