Outlook 2017: Advanced materials target ASEAN market

The demand for high performance materials continues to rise owing to the expanding requirements of customers for new compounds. For companies, the ASEAN market is an attractive destination but stringent regulations must still be met in terms of performance and environment impact.  

 

Titan Plastics Compounds Co., Ltd of Taiwan sees the ASEAN market as a fast-growing region for its range of materials. According to Robert Chang, General Manager,  the company launched its PA6T–high temperature nylon composite material under the PA series. “PA6T presents excellent temperature sustainability, and low water absorption that would solve the general problem of nylon’s high water absorption. The melting point is up to 315 Celsius. PA6T, therefore, meet the requirements for automotive and machinery industries that are exposed under long term high temperature.” 

 

PAMXD6 aromatic nylon composites released by the company features high rigidity, stable size change (small alteration in rigidity and size before and after water absorption). It is suitable to apply in processing precision parts as in the electronics, automobiles, scooters manufacturing industries. 

 

Mr. Robert Chang

 

Mr. Chang sees several factors affecting the company’s operations and markets in 2017 and beyond. For one, China’s economic and market conditions would be a significant factor as this will affect industries including automobile, automation machines as well as the construction industry where huge amount of plastics is used. “Also, the economic situation in Europe and the U.S. would affect the people’s consumption behavior, and would bring direct and indirect influence to cars, daily consumer products and also the housing market, which indicates impacts on plastics demand,” he added. The ASEAN bloc and emerging powers such as India are critical as well, and economies in these regions must keep growing to stimulate the demand for plastics, he stressed.  

 

For 2017, the company’s high performance materials will play an important role in enhanced production process. “We are looking forward to the industrial automation issue. In order to realize automation, the machineries would need a lot of high-end and high capacity plastics materials. This demand fits Titan’s product features, and we are investing in developing high capacity industrial plastics that can be applied in green energy (electro cars, scooter), and also in automobile parts to reduce weight and cut energy consumption. In short, high capacity industrial plastics will replace metals, and Titan is closely following this trend to satisfy customers demand,” Mr. Chang explained. 

 

Titan Plastics Compounds Co., Ltd

Tel: +886-8 752 2966

Fax+886-7-752 2066

Email:robert@titan-plastic.com.tw

Website: www.titan-plastic.com.tw