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JEC Values Asian Composites Market at US$ 32.2 billion in 2014

25 November 2014

JEC Values Asian Composites Market at US$ 32.2 billion in 2014

It explains that the main Asian countries participating in JEC Asia presented their current positions and ambitions for the future. Thanks to the connection between the academic and industrial sectors, “green” transportation was central to the event with examples of electric cars or taxis for instance. It says the aerospace industry is also changing with the high penetration of composites and reallocation of parts production.

Alain Prost, 4 times Formula 1 World Champion held a debate on High-Tech Composites in Automotive and Achievement to every attendees’ honour. “Alain Prost shared his experience in the race car industry and the difficulties he had to overcome to succeed in a competitive environment. His highlight of the importance of being surrounded by a good team and their common faith to success is truly inspiring. I can relate to his state of mind as the Composites Industry evolves in a fierce market. JEC mission is to create the best environment and give the needed knowledge to every exhibitors and visitors of JEC Asia to build successful partnerships and gather the most information possible from our conferences”, says Mrs Frederique Mutel, JEC Group President and CEO.

Delegates who attended the 5 conferences on Asian Markets trends, production Solutions, Oil and Gas, Aeronautics and Carbon were able to discuss the new trends with more than 30 speakers from Asia-Pacific and Europe. Moreover 11 national pavilions (France, China, Thailand, United Kingdom, Spain, Singapore, South Korea, Australia, Germany, Japan and the USA) proudly represented their Composites advances to the international crowd of more than 50 countries. “The support of our long-time partners from all around the world, especially in Asia, has helped us bring the event to what it is today: an international platform with composites professionals willing to develop the industry together”, adds Mrs Mutel. Also, 6 composites representatives of 6 countries supported JEC with the Ribbon Cutting ceremony on the first day.

In addition to the meetings on site, JEC explains that more than 250 pre-arranged business meetings were organised by its teams between exhibitors and end-user buyers such as Airbus Defence, Boeing, BASF, Delta Aircraft, Louis Vuitton, Mitsubishi Chemicals, to name a few.

This year, Singapore Composites Industry was chosen as country of honour. Out of the 11 Innovation Awards trophies, no less than 4 Innovation Awards were handed out to Singaporean laureates in the Compression Moulding, Life Achievement, Academic and Student categories.

Photos provided by JEC .





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