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Global composites market grows 6% annually

2020-09-20

The 2013 JEC Composites Exhibition and Seminar will be held in Paris from March 12th to 14th. On the eve of the meeting, Frederick Muttle, President and CEO of JEC Group, said that in 2012, the global composite materials market value reached 81.6 billion euros and the output reached 9.2 million tons. The global composites market is growing at an average annual rate of 6%.


Today, composite materials are increasingly used in lightweight structures, aircraft, and automobiles to improve energy efficiency. Industry innovation is reflected in every aspect of the product value chain. Raw material producers such as polyester fiber, carbon fiber, fiberglass and natural fiber are strengthening the research and development of new formulations. Downstream, the industry is also strengthening its efforts in R&D and innovation.


This year's JEC Europe conference will focus on the latest developments in heavy-duty composite consumption, such as aerospace, aerospace, shipbuilding, railways, automobiles, public transportation, construction, equipment, and sports and leisure. The conference will also focus on 12 topics in the composites industry, including: design, non-destructive testing, robotics, aerospace, automotive, electronic cars, wind power, carbon fiber, biocomposites, thermoplastics, multifunctional materials and the environment. In addition, Turkey, as the most innovative European country in the composites industry, will be recognized at the conference.


Mutel also pointed out that in this field, especially in Europe, the composites industry has a very significant improvement in the production process and processing. Innovation directly affects the manufacturing industry, and the scale production and industrialization of products To direct promotion. These technological advances will be of interest to international engineering contractors and policy makers, especially in countries where populations and economies are growing.


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