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According to JEC’s predictions, Asia’s composite production is set to achieve 50% of the world’s output by 2015. Since 2000, Asia has already seen significant increases with an estimate of 42% of the world’s composite production coming from this region in 2008.
In the words of JEC President & CEO Frédérique Mutel, “the composite market in Asia is driven mainly by economic growth. Since 2002, Asia has experienced high growth rates, at around 8% per year. Despite the effects of the current worldwide crisis, which has also impacted Asia, the Asian composite market is full of opportunities in the long term.”
Mutel sees four main sectors to drive this growth, “construction, automotive, aeronautics and wind energy.”
“Due to their unique properties, which include low weight, high strength, recyclability, corrosion resistance (and therefore low or zero maintenance), and flexibility of design, shape and choice of materials, composites can provide immediate solutions, especially for infrastructure builders and designers of new means of transportation by land, air and sea,” concludes Mutel.
Because of this increase, 2009’s JEC Asia is expected to be even larger than previous years with over 330 participants, 400 delegates, and over 8,000 visitors expected at the event.
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