Ringier to hold Advanced Composite Materials Application Summit

The 4th Advanced Composite Materials Application Summit focusing on Reinforced Plastics in Automotive, Infrastructure, Energy and Chemical Industry is scheduled to be held on 30-31 May 2012 at Renaissance Shanghai Putuo Hotel in Shanghai. This summit, one of the many events organised by Ringier Conferences brings into one gathering experts in the production and processing of reinforced plastics. Recent developments and trends in the use of such materials for automotive, infrastructure/construction, energy and chemical industries will be highlighted. It is estimated that China alone will account for 43% of the global growth rate in the composites market. A 65% growth of the China market will come from application in the booming construction industry. The annual growth rate of composite materials used in the automobile industry is forecast to increase by over 30% each year in the short term. Due to the healthy development of ship building, wind power, aircraft, transportation, medical, and communication industries, the development speed of China’s composite industry is far higher than the world economics. It is hence expected to keep increasing annually at a rate of 9% until year 2015. http://conference.industrysourcing.com