Results of the 20th Composites Market Survey now available
General economic developments are dampening mood in composite industry
Like all industries, the composite industry has been affected by strong negative forces in recent years. The main challenges over the last few years have been the Covid pandemic, a shortage of semiconductors, supply chain problems and a sharp rise in the price of raw materials. Furthermore, there have been numerous isolated effects that added to the pressure on the industry.
The main challenges during the past year were primarily a steep increase in energy and fuel prices and the cost of logistics. In addition, the war in Ukraine put a further strain on supply chains that had already been weakened.
Please read here the full article (PDF).
28th February 2023