SPE ACCE keynote to emphasize composites growth opportunities

Lucintel's Charles Kazmierski will discuss the global composites market at the Society of Plastics Engineers' annual Automotive Composites Conference & Exhibition, Sept. 13-15 in Troy, Mich.

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The Society of Plastics Engineers (SPE, Troy, Mich., USA) Automotive Division has announced that Charles Kazmierski, program manager at Lucintel, will discuss results from his company’s in-depth study and strategic analysis of the global composites market as a keynote speaker for the 2011 SPE Automotive Composites Conference & Exhibition (ACCE), Sept. 13-15, 2011 at the MSU Management Education Center in Troy, Mich. Kazmierski’s presentation, "Growth Opportunities in the Global Composites Market 2011-2016," will cover composites competitiveness versus traditional materials, market trends driving change, plus growth opportunities and strategic insights.

According to Kazmierski, the composites industry is already sustainable with more than 30,000 applications worldwide. He points to positive signs of healthy, visible growth in the gradual rebound of the automotive, construction, electronics and consumer-goods markets. Whereas the market value of end products made from composites in 2010 was $50.2 billion, by 2016 the end-product market value is expected to reach $78 billion according to Lucintel data. Meanwhile, the global composite-materials industry is expected to reach a value of $27.4 billion in 2016, up from $17.8 billion, an approximate 9 percent compound annual growth rate (CAGR).

For more information about the SPE Automotive Composites Conference & Exhibition, visit speautomotive.com/comp.htm, compositeshelp.com, or contact the group at +1 248-244-8993.