12
Wire & Cable ASIA – November/December 2014
www.read-wca.comIndustry
news
INTEGER Research, UK, is staging the third
Advanced Cable Asia conference from 2
nd
to 4
th
December in Shanghai, China.
Asia’s economic situation remains robust, with
moderate growth forecast to continue in China
and India and a stable outlook across the
Southeast Asian region.
As the region’s largest economy, China makes
up a quarter of the global wire and cable
demand and continues to have the largest cable
production market in the world. On-going
projects such as the ‘West–East Electricity
Transfer’ and the expanding high-voltage power
grid network have been driving a growth in
demand for advanced power cables, while
high-end fibre optic cables are increasingly
required for the ‘12
th
Five Year’ projects like
‘Broadband China’ and IT data centre
infrastructure.
However, Integer Research has lowered its
projection for growth in Chinese wire and cable
demand slightly to 3.5 per cent year-on-year
between 2013 and 2018, which reflects the
Chinese government’s policy on market
consolidation and sustainable growth.
It is believed that the Chinese wire and cable
market will need to have a new round of market
reshuffling in the next few years in order to
clean up the overcapacity and poor quality
production.
To survive in this extremely competitive market
place, many Chinese wire and cable producers
recognise the need to implement more effective
strategies to differentiate and stand-out,
including expansion into high-skilled sectors,
stricter quality control schemes, and advanced
automation of manufacturing processes.
The South-East Asia market, as a whole, is
expected to be one of the fastest-growing
regions in the world, but the situation does vary
country by country. Indonesia, Thailand and
Malaysia are leading the way, while
opportunities are also being seen in Myanmar,
the Philippines and Singapore.
Indonesia and Thailand, in particular, have been
making large-scale investment into the
sophisticated
power
transmission
and
telecommunication network infrastructure,
which will trigger a huge demand for advanced
power cables, telecom cables and fibre optic
products.
The forecast for production from Integer
Research has indicated 6.5 per cent compound
annual growth rate in both Indonesia and
Thailand by 2018. It is vital for any cable
industry stakeholders to plan in advance for
these emerging opportunities.
More developed markets such as Japan and
South Korea are experiencing a recovery to
their pre-crisis levels. In the year 2013/2014,
Japan consumed over 700k tons of copper for
the wire and cable industry and the market
almost levelled out.
The major challenge for market players there is
to understand the fragmentation of both the
global and Asian wire and cable markets and to
maintain their leading positions in the industry.
Advanced Cable Asia 2014 conference will
provide the one-stop knowledge-sharing and
networking platform for both global and Asian
wire and cable executives to discuss the
strategies and technologies needed to succeed
in the advanced cable markets.
The dedicated streams in advanced power
cable and fibre optic sectors will identify the key
market developments and growth areas for the
wire and cable manufacturers, while uncovering
the potential opportunities and technology-
related demand for suppliers and solution
providers.
Integer Research – UK
Website
:
www.integer-research.comAdvanced Cable Asia heads
for Shanghai!
pic to come
New
national
sales
manager
Conneaut
Industries Inc has
named John
Mancinelli as its
new national
sales manager.
A global supplier
of speciality fibres
used in
applications for
wire and cable,
magnet wire,
composites and
industrial markets,
Conneaut
processes high
performance
industrial yarns,
binder yarns,
ripcords, braiding
yarns and serving
yarns. Its product
line includes
E-glass, S2 glass,
polyglass,
PTFE-coated
fibreglass,
KlassCore
®
,
DynaCore
®
,
ConnCore
®
and
others.
Mr Mancinelli, an
industrial
engineer, comes
from 15 years at
AGY, where he
was engaged as a
product engineer
and regional sales
manager.
❍
New national
sales manager
John Mancinelli
❍
Delegates listen intently at last year’s conference