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Vertigo

With whispers of yet more industry consolidation , 2015 looks certain to continue the trend for the creation of vertically integrated end-to-end service providers as OEM’s, material suppliers and tier 1’s try to position themselves for composites arrival in mainstream manufacturing.  More will no doubt be revealed as we enter spring show season but one thing is for certain the inexorable shift from boutique niche to off-the-peg mainstream is causing concern as the game of musical chairs winds down. Volumes will increase and margins fall.  Not everyone can win and it will be interesting to see how company valuations look in 12 months time.

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