The Global Composites Marketimages.jeccomposites.com/conference-france-9-fev-2017/...Transportation,...

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The Global Composites MarketMr Frédéric REUXMedia Director & Editor-in-Chief

JEC Group

February 9, 2017 - Nantes

Copyright JEC Group 2017

Copyright JEC Group 2017 2

GLOBAL MARKET: REPORT and FORECAST

FRENCH MARKET

AUTOMOTIVE TRENDS

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“JEC represents, promotes and expands composites markets by providing global or local networking and information services”


JEC Offices in North America, Europe and Asia Contribute to expanding composites markets Services provider globally and locally Offices and staff in the US, European Union and Asia

North America ParisHeadquarter

Singapore

4Copyright JEC Group 2017

Newport Beach

Chicago

Atlanta

Knoxville Mumbaï

Shanghai

Singapore

Brussels

Paris

Augsburg

Bangkok

JEC GROUP SERVES THE COMPOSITES INDUSTRY ALL YEAR ROUND, WORLDWIDE

NetworkingEvents MediaJEC Customers (2017)


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GLOBAL MARKET FORECAST



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Composites10,000 kT

Steel1,578,079

kT

Concrete4,000,000 kT

Aluminium49,714 kT

Plastics299,000 kT

COMPETITION VS OTHER MATERIALS


Size of the composites market in 2016 per region in valueAsia represents 43% of the global market in value (Euros)


Transportation, Construction and E&E are the three industries that have largest weight in the global composites market, 2016 - In volume

(1) Includes US, Canada and Mexico; (2) Electrical appliances and electronics; (3) Other includes medical equipment, machine housings, safety hats, and toolingSources: Lucintel, interviews, Estin & Co analysis and estimates 10

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Evolution with the composites industry

Increasing share of carbon fiber applications compared to glass fiber applications (slow evolution trend at +1-2 pts per annum)

Increasing share of thermoplastic resins applications compared to thermoset resins applications (slow evolution trend at +1 pts per annum)

Increasing share of injection processes (+3 pts per annum) and compression processes (+0-1 pts per annum) to the detriment of manual processes and continuous processes (-1 pts per annum)


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Growth of the composites industry

Overall pursuit of the future growth of the global composites industry at a limited level (5% p.a. in value at global level, comparable to the global economic growth)

Differentiation of the growth dynamics by geographies and end-users applications

60% of the growth driven by the growth of emerging Asia (8% p.a. in value)

35% of the growth still driven by North America, Europe and Mature Asia (Japan,…) through innovation

36% of the growth concentrated in Transportation (automotive,…) and Aerospace applications


The global composite industry should continue to grow, with China representing 60% of the global growth In volume - 2010 - 2021


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Breakdown of the global composites market by application (2010-2021, in Mt)


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Market trends drive new applications

MEGACITIESURBANIZATIONHEALTH

TAKING INTO ACCOUNT THE FULL LIFE CYCLE

DEMOCRATIZATION OF COMPOSITES

• Demand for Infrastructure• Safe, Eco-friendly Transportation• Clean Renewable Energy (air, water)

• Durability• No Maintenance• Lightness, Energy Saving

• Mass Production• New Entrants• Novel Applications


- Problem of large series

- Innovation & New ideas

- Awareness & Visibility

Other challenges for the composites industry


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FRENCH MARKET


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Growth potential


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Overview of main end-user applications


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Overview of main manufacturing processes


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Growth and employement potential


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Overview of employers’ structure


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Innovation and intellectual property


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Innovation and intellectual property


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AUTOMOTIVE MARKET


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Land transport represents 28% of the total volume.

The automotive represents 21% of the total volume, or 75% of land transport in volume.

THE AUTOMOTIVE MARKET


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Historical trends for composite materials in Automotive industry

Luxury and high-end car have been increasing the penetration rate of composites in the past 30 years


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Usage of composites by car partThe usage of composites part varies according to the price level of the car


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The transportation segment features strong share of growth in the Chinese, North American and European Markets - 2021


Breakdown of the demand for carbon fibre from 2013 to 2020, by main user sector


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Transportation by region - 2021


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Weight reduction potential by type of car partThe chassis presents the most potential for weight reduction but cost-efficient

materials / processes do not yet exist


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Average weight distribution of a car by materialEurope 2010-2020 – in %


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Three key industries in which composites penetration has potential to increase further in the future

- Automotive, aeronautics, building and construction

Automotive - Further penetration of composites materials challenged at this stage by some bottlenecks

- High production cost versus competing materials (steel, aluminum)

- Absence at this stage of industrial processes for long run lengths production

- Limits of recycling possibilities versus traditional materials

Automotive - Future long term growth depending on technology and industrial disruptions, with uncertain probability and time horizon

- Development of electric and connected / autonomous cars, in emerging Asia in particular, with required investments from emerging car manufacturers (as opposed to western manufacturers with existing manufacturing processes mainly designed for steel and aluminum)


Others challenges for the composites industry

JEC Asia 2014 7th anniversary

Please come

and celebrate with us!

COPYRIGHT JEC 2013 - PROPRIETARY DATA

धन्यवाद



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