This is the sixteenth time that Composites Germany has identified the latest KPIs for the fibre-reinforced plastics market. The survey covered all the member companies of the three major umbrella organisations of Composites Germany: AVK, Leichtbau Baden-Württemberg and the VDMA Working Group on Hybrid Lightweight Construction Technologies.
As before, to ensure a smooth comparison with the previous surveys, the questions in this half-yearly survey have been left unchanged. Once again, the data obtained in the survey was largely qualitative and related to current and future market developments.
Following an extremely negative assessment of the prevailing business situation in the last survey, the latest survey is looking considerably brighter now.
A highly positive trend is emerging for all three regions surveyed (worldwide, Europe and Germany). Whereas in last year’s survey an average of 85% described the prevailing business sit-uation as either negative or even very negative, the most recent survey shows that, on average, 50% of all respondents are currently seeing the situation as fairly positive or very positive.
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20 February 2021
