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German machinery industry market analysis
Publisher:admin  Date:2009/9/4  Click:2538
German plastics machinery produced in Germany in 2007 at the K show in Düsseldorf came under scrutiny. Made available to equipment manufacturers, an important component in short supply. German machinery industry, said an authority in the NPE2009, but after only a year and a half has undergone great changes.

Federation of German engineering under the plastics and rubber machinery association VDMA Managing Director Thorsten

Kühmann said the German machinery manufacturing business in the fourth quarter of 2008, has remained strong. Decline since the beginning.

Kühmann held in Chicago in June of NPE2009 an interview, said: "After that everything has changed rapidly, we began to move toward a recession."

He said that even so, the fact that 2008 is still the German plastics and rubber equipment manufacturers have experienced the best year.

However, as a highly export-dependent country, and Germany soon began to feel the impact of a global economic recession.

Kühmann said: "We expect the first quarter of 2009 we will be any significant downturn. Compared to the first quarter of 2008, reduction in the number of orders received this year by nearly 50%."

He said that, according to VDMA expects full-year 2009, the German plastics machinery sales in euros than in 2008 reduced by about 40%.

Plastics machinery is an important pillar industry in the German economy. Kühmann said: "The global economic crisis on the German machinery industry had a very big impact. I believe that as long as the global economic situation has improved, our machinery industry will recover again. At present, our industry is still very depressed. It may not be continue to wilt, but we estimate that it is difficult to see significant improvements in the near future. "

VDMA is headquartered in Frankfurt, Germany.

Under the impetus of the economic downturn, on behalf of processors, resin manufacturers and machinery manufacturers, a number of trade association set up jointly by the German Plastics Industry Association. Its members include a subsidiary of plastics and rubber machinery VDMA Association, the German branch of the European Plastics Industry Association and the German Plastics Processors Association.

The Federation of June 18 issued a position statement calling for the German government to overcome the bureaucracy and cut red tape and increase R & D tax incentives in order to improve the country's investment attractiveness.

Kühmann said: "At present, the German plastics industry, a very difficult situation, and we deeply feel that, from certain areas, the most important thing now is to unite the entire industry, disagree about consistent, concerted efforts to overcome the difficulties."
 
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