JEC Asia 2014
17-19 November 2014
Singapore and its region are at the heart of key composites application markets.
The global composite’s industry employed 550,000 professionals worldwide and generated 83 billion Euros worth of business in 2012.
Composites markets in Asia are driven by economic growth
- In 2000, Asia accounted for 25% of the global composite production
- By 2008, the percentage had risen to 42% and could reach 50% by 2015
- The composites market in Asia driven mainly by economic growth amounted to 24 billion euros in 2011
- High-potential development of the composites industry in Asia-Pacific
The Asian composites market represent 41% of this global industry in volume while only 36% in value. The share in value is likely to increase in the coming years.
Consequently, the potential for improvement is very important to cater the needs of many Asian developing economies. Especially since the present trend is a growing number of investments in all of the composites sectors across the board
Singapore is a local and regional booming composites industry!
In Singapore, the composites industry output is above 31K tons of semi-finished products and 32K tons of composites parts. Most of its composites related to raw materials are imported (glass fiber, carbon fiber, thermoset, resins etc.). Pre-eminent composites companies are present such as SGL, ATR, HEXCEL, ALTANA …
A case in point: Vestas, the wind energy world leader, has located its regional platform in Singapore.
More information here:
Event Type: Seminar
Location: Singapore Republic of Singapore
Date: November 17, 2014