Asia Demand For Composites Is Massive

22 June 2009

Following the overwhelming success of the inaugural JEC Asia Show in 2008, where more than 300 leading players in the composite industry showcased their innovations and cutting edge technologies, the 2nd annual JEC Asia Show will be held at the Suntec Centre in Singapore on 14-16 October 2009.

This show reflects the tremendous growth potential of the composite industry in the Middle East, Asia-Pacific, Australia and New Zealand. It brings new composite solutions and ideas to help the industry emerge from the current economic crisis.

This year’s theme will be automation of manufacturing processes: How to produce more while optimizing prices, quality, safety and environmental impacts? Where to buy new materials? From whom? How to adopt new technologies? Who are the best suppliers for machines and equipment? How to find the best partners?

Significant public direct investments and favourable regulations are boosting the growth of the main markets. JEC Asia will highlight exchanges & meetings with end-users from the construction, infrastructure, aerospace, automotive, marine, and renewable energy sectors, with a specific focus on wind energy. Natural fibres and biocomposites will provide new green solutions for housing, automotive and transportation, consumer goods, etc.

The spotlight this year will be on the achievements of composite companies in countries such as Australia, China and Taiwan, India, Indonesia, New Zealand, Malaysia, South Korea, Singapore and Japan.

As JEC President and CEO Frédérique MUTEL says: “In Asia, the composites market is mainly driven by economic growth. Since 2002, Asia has experienced high growth rates, at around 8% p.a. In 2000, Asia represented 25% of the global composite consumption. Now it represents 42% with a value of 18 billion euros. It could reach 50% in 2013. With major growth markets in China and India, along with interesting growth in the Middle-East, Malaysia, Vietnam and Indonesia, without forgetting the stable consumption in Australia, Japan and South Korea, the current composite market amounts to 18 billion euros. The outlook for the composite industry in the Asia Pacific is quite bright.”

The JEC Asia Show 2009 is being organized by JEC, who have secured participation from major companies all over Asia-Pacific, including new countries this year: Australia, Malaysia, New Zealand and Vietnam. Seven national pavilions have already been confirmed for the 2009 session, including Australia (new in 2009), Taiwan, India, Japan, China, South Korea and France. There will also be support from the scientific community and institutions such as Hanyang University (South Korea), NUS (National University of Singapore), A*STAR, BCA (Building and Construction Authority), LTA (Land and Transport Authority), Stanford University (USA), STB (Singapore Tourism Board) and EDB (Economic Development Board).

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