Publications

The rebound that started in 2014 continues in 2016, but overcapacity still remains a real concern for the French machinery industry in the long-term.

The general outlook remains positive, and margins are relatively high, especially in niche segments. However,competition from China is increasing.

Competition remains strong in the domestic market, especially among small and medium-sized machinery companies dependent on construction businesses.

Key success factors for Danish machinery businesses is their ability to streamline costsand continued investment in product development/new technology.

The Turkish machinery sector faces some troubles, with sales under pressure since 2015. Political uncertainty leading to less capital expenditure.

Demand for Belgian machines and engineering businesses is still affected by the difficulties some major buyer industries are facing (e.g. construction).

The machinery sector mainly suffers from a massive decrease in public and private investments, especially in the construction and oil/gas sectors.

Payment behaviour has been good over the last two years and the number of payment delays, defaults and insolvencies is expected to remain low in 2016.

The Swedish machinery industry has shown several years of positive development. Machinery production is expected to grow 2.3% in 2016 and 0.9% in 2017.

US machinery businesses related to the oil/gas or the mining segments are affected by lower capital spending on purchasing machinery and equipment.

Insolvencies across advanced markets are forecast to be flat in 2016 and 2017.

The French chemicals sector continues to grow in 2016, but high labour costs and strict regualtions remain a burden and global competition is strong.

Most German chemicals businesses show robust solvency and liquidity figures, however in 2016 sales decline as producer prices continue to decrease.

The Italian chemicals industry benefits from a rebound in domestic demand, however businesses dependent on the construction sector still face higher risks.

Production is expected to rebound in 2016 after a 2.5% decrease in 2015, but Dutch chemcials businesses face increasing international competition.

The Belgian chemicals sector continues to grow, benefitting from structural resilience, but suffers from weakening competitiveness due to high labour costs.

The industry continues to grow in 2016, but the slowdown in key markets like China and Brazil could have a negative impact on some key subsectors.

The outlook for the Indian chemicals industry is positive, but there are liquidity and solvency issues with businesses in the trade and wholesale segment.

The US chemicals sector performs well, but the energy and fuel/oil subsector is in trouble, mainly affecting smaller and regional players in this segment.

The number of payment delays was high at the end of 2015, with financially weaker players leaving the market. Insolvencies are expected to level off.