Even before the coronavirus started to impact the global economy, the market for tire and rubber machinery was showing signs of strain due to factors such as trade protectionism and a decline in the ...
HANOVER, Germany—The market for rubber and tire machinery is in a state of flux, driven partly by developments in China, where many locally-based equipment manufacturers have reported a steep drop in ...
Although 2022 closed with a price-adjusted increase in turnover of 10 percent — in nominal terms, 18 percent — for German plastics and rubber machinery manufacturers, the outlook is subdued according ...
Orders for German plastics and rubber machinery fell 21 percent in 2024, adjusted for prices changes, according to official figures from trade group VDMA. The double-digit decline follows a 22 percent ...
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