The event will be a meeting point for the composite industry of the Middle East, Eastern Europe, North Africa and the Balkan Peninsula.
It was decided to hold jointly two important events for the region because both composites and polyurethane are required by the same industries, such as aviation, automotive, defence, energy, construction, shipbuilding etc.
Turkey’s choice as a host country is not accidental, as the growth rate of the national composite sector is higher there than the growth rates of Europe and the world.
In Turkey, the use of composites in the automotive, construction and infrastructure sectors comprise more than half of total composite usage. The rapid growth in the automotive, construction and infrastructure sectors has captured the interest of foreign manufacturers. Turkey’s geographical location, the fast pace of the building sector, and the fact that Turkish companies now play a part in the construction sectors of neighboring countries are factors that have created a rapid expansion in the production of composite materials.
The world’s composites sector stands at 7.3 million tons, and represents a trade volume of 43.5 billion euros. The production volume of the European composite sector is 2.25 million tons and that of Turkey is 120,000 tons.
It is worth recalling that Turkey-located Kordsa, a global player in the market of tire, composite and construction reinforcement technologies became 2016 leader in patent applications. A year earlier, in 2015 Kordsa Global took part in the establishment of the Turkish Composite Technologies Excellence Center with $ 30 million investments. This Center focuses on study, research and manufacture of advanced composite materials.
Early October saw Istanbul composite summit Turk Kompozit 2017, in which the delegates of Basalt Projects GC participated. During the discussion the Turkish delegates representing national composite industry demonstrated an interest to basalt fiber and basalt fiber based composites.