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- Title
Rückgang im europäischen Composites-Markt: VERBAND: AVK FOKUS: Business.
- Abstract
According to a market report by AVK - Industrievereinigung Verstärkte Kunststoffe e.V., the composites market in Europe has been declining since 2018. In 2023, the overall market decreased by 8%. The negative sentiment in the industry is mainly caused by high energy and raw material prices, logistics issues, and a cautious consumer climate. The automotive industry, the largest application area for composites, has not yet reached its pre-2020 volume. The European composites market represents about 20% of the global market and has fallen back to the level of 2014. The market for thermosetting composites accounts for 43% of the total market, while the market for thermoplastic composites has a share of 57%. Germany is the largest market in Europe, followed by Eastern European countries, Spain/Portugal, and Italy.
- Subjects
THERMOSETTING composites; EXPORT marketing; PRICES; RAW materials; AUTOMOBILE industry; THERMOPLASTIC composites
- Publication
Technical Textiles / Technische Textilen, 2024, Issue 2, p18
- ISSN
0323-3243
- Publication type
Article
- DOI
10.51202/0323-3243-2024-2-018