BUSINESS DEVELOPMENT

Composites Germany and the latest KPIs for the fibre-reinforced plastics market

The assessment of today’s general business situation continues to be largely positive. For some of the regions, however, there has been a noticeable downturn

Composites Germany has identified the latest KPIs for the fibre-reinforced plastics market. Again, the survey covered all the member companies of the four biggest umbrella organisations of Composites Germany: AVK, CCeV, CFK-Valley and the VDMA Working Group on Hybrid Lightweight Construction Technologies.

The assessment of today’s general business situation continues to be largely positive. For some of the regions, however, there has been a noticeable downturn. Globally, 88% of respondents viewed today’s current situation as positive or even highly positive. The region of Germany, on the other hand, was viewed far more critically, and its current situation attracted a positive rating from only 69% of respondents. In the last survey, taken about six months ago, the situation was considered to be positive by 79%.

General expectations continue to be positive, but the data is showing a downturn in several regions.

Whereas, in the last survey, over 30% of respondents still believed that their own business activities would improve in all three regions covered by the survey, this figure is now considerably lower in parts of the survey.

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