Like all industries, the composite industry has been affected by strong negative forces in recent years as during the Covid pandemic.
The war in Ukraine and sharp price increases for raw materials, energy and logistics subsequently had a highly negative impact on the economic climate, especially in 2022.
The world market for composites, on the other hand, showed an increase from 12.1 million tonnes to 12.7 million tonnes last year, amounting to around 5% growth.
By comparison, European composites production in 2022 declined by 6.1%. Overall, market dynamics are currently accelerating, albeit in the face of many imponderables.
The AVK’s Market Report on Fibre-Reinforced Plastics and Composites 2022 sheds some light on developments, trends and challenges and provides a glimpse of the future.
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29 April 2023
