The member companies of the major supporting associations of Composites Germany were surveyed: VDMA Working Group Hybrid Lightweight Technologies, AVK and Leichtbau Baden-Württemberg.
▪ Assessment of current business situation very positive
▪ Future expectations optimistic
▪ Expectations for application industries vary
▪ Growth drivers unchanged
After the assessment of the current business situation had been steadily declining for almost two years in a row. The last survey already showed a trend reversal towards a more positive view. In the current survey, the positive trend continues. The assessments for all three regions (Germany, Europe & Worldwide) are consistently positive. Almost 80 % of the respondents assess the current general business situation as positive or even very positive.
You can download the complete press release as a PDF at the end of this article.
The next Composites Market Survey will be published in February 2022.
Press enquiries:
Composites Germany
Dr. Elmar Witten
Phone: +49 69 2710770
E-Mail: mailto:elmar.witten@composites-germany.org
www.composites-germany.org
About Composites Germany
The three strong organisations of the German lightweight construction/fibre composite industry want to strengthen the German composites industry and research with the economic association Composites Germany, determine joint positions and safeguard overlapping interests.
AVK - Industrievereinigung Verstärkte Kunststoffe e. V., Leichtbau BW GmbH and VDMA-Arbeitsgemeinschaft Hybride Leichtbau Technologien (VDMA Working Group for Hybrid Lightweight Technologies) are joining forces here with currently more than 2,700 active member companies to promote the future topics of high-performance composites and automated production technologies in and for Germany.
Further information at: http://www.composites-germany.org
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