According to the annual survey of the composites market carried out by JEC Group, the Asian market has experienced high growth rates at around +6.9 % per year since 2002 and should reach up to 50% of the global production of composites by 2015.
"The market is increasingly in demand of advanced composites for a wide range of applications. We believe composites will see sustained growth in the construction, aeronautics, automotive, wind-power, Oil & Gas and EEE (electrical and electronic equipment) sectors in Asia over the next five years" says Mrs. Frédérique Mutel, JEC Group President and CEO.
A strong Composites Organization and undisputed leadership in the Carbon, resins and fiber glass sectors have confirmed the choice of Japan as country of Honor for JEC Asia 2013. Their advances in the automotive sector will be put in the limelight during this session as well as their many assets in the composites industry:
“JEC Group has been working on developing the Asia-Pacific market for more than 20 years and has created a regional platform 6 years ago at the demand of the industry. Many indicators prove that Singapore is the place to be thanks to a very dynamic industry in the field of composites through developments such as:
JEC encourages and builds bridges between Composites professionals and research poles in universities within the frame of its strategy focused on Knowledge & Networking.
After having signed their MoU on JEC Asia in 2012, the Munich Institute of Science & Technology (TUM) and Singapore Polytechnic (SP) will partner with JEC Group to offer a strong program of conferences in Singapore during JEC Asia 2013.
The Asia-Pacific region is leading the demand for new aircrafts: airlines will take delivery of approximately 9,370 new aircrafts valued at $1.3 trillion over the next 20 years according to a recent Airbus market forecast.
The global demand for PAN-based carbon fibers is expected to grow at a rate exceeding 15% a year. In 2012, around 16,500t of Carbon were produced in Asia, 80% of it in Japan.
For instance Toray, a world leader in carbon fiber has invested 22.5 billion yen in Japan in 2012 to build an integrated production facility for precursor and high-performance small-tow carbon fiber mainly used in aircraft and premium automobiles at their Ehime plant.
JEC Asia 2013 will be presenting a range of innovations in bio composites emphasizing especially the rapid commercial expansion of natural fibers used to replace traditional glass and carbon fibers. Natural fibers can improve the environmental compatibility of composite materials, especially bio composites, at a reasonable cost. All these developments are already emerging in Asia today. For instance, the green mobility is emphasized by the Japanese car manufacturer Toyota that is speeding up the incorporation of bio composites in its production vehicles.