At present, Asia's composite materials industry accounted for 36% of the global composite materials industry's market output value. In 2006, the market value of the global composite materials industry was estimated at 19 billion euros. The Asia-Pacific composites industry is expected to grow at a double-digit rate each year and will account for half of the global composite industry's output value within 10 years. In fact, the number of composites manufacturers in Asia is growing at an average rate of 20% per year. The fastest growing rate in the world. Specifically, all composite material applications in Asia have grown significantly faster than other areas. These areas include maritime, transportation, consumer products, aviation, wind energy, pipelines and tanks, construction and electronic equipment.
JEC Asia 2008 received strong support from industry-leading raw materials (resins and fibers), processors, machine tool manufacturers, and distributors such as Haining Chengrudan, En-Liang Enterprises, and Taiwan Electric Insulator. The show also received support from JEC board member companies, including AGY, Advanced Composites Group Umeco, Cray Valley, CPC, DSM, Hexcel, Huntsman, Menzolit, Owens Corning Vetrotex, Porcher Industries, and Sora.
Academics (academic and research institutions) including Grandes Ecoles and National University of Singapore will participate in the exhibition. At the same time, some government-related institutions in Singapore also support the 2008 JEC Asia show, including A*Star (Manufacturing Technology Institute). Economic Development Council, Construction Bureau, Singapore Tourism Board, and Land Transport Agency.
Frédérique Mutel, president and chief executive officer of JEC, said: “Many customers and manufacturers in the composite material industry are urging us to establish an international platform in the fastest-growing Asia in the composite material industry. As JEC has long been committed to promoting composite materials worldwide. The application, especially our success in holding the JEC Paris annual exhibition, so we have a great advantage to help us hold the same successful exhibition in Asia for Asia.†They believe that through a professional platform like JEC Asia, they will To better utilize the business opportunities brought about by the rapid development of the region.
Mr. Liu Ying, general manager of Taishan Fiberglass, also welcomed the exhibition. He pointed out: “Asia is rapidly becoming a core area of ​​the glass fiber manufacturing industry. For example, China is the largest producer of fiberglass and its production accounts for global glass. One third of the fiber and 60% of Asia's total production.In the Middle East and other developing countries, with the prosperity and development of the construction sector, the construction industry has brought tremendous pressure on the glass fiber industry. We have provided excellent business opportunities so that we can communicate with other professionals and share our experience.â€