ICERP 2022 - Virtual Event
International Conference and Exhibition on Reinforced Plastics
One of the major events of the Indian Composites Industry is the International Conference and Exhibition on Reinforced Plastics (ICERP) and the event is organized once in every two years by FRP Institute. The ICERP event brings together all the stakeholders in the composites value chain under one platform to explore new business opportunities in the field of Fibre Reinforced Polymer composites. The ICERP event is the India’s largest and 2nd largest in Asia in the field of composites.
In the ICERP event, the Indian Composites Industry constituents from raw materials manufacturers to machinery manufacturers, product manufacturers to traders, testing and process equipment suppliers to consultancy firms etc, all the major stakeholders will be showcasing their capabilities to Indian and global composites fraternity. Due to COVID-19 pandemic and restricted travel options, we have decided to create business opportunity through online platform and we are glad to launch the ICERP 2022 virtual event.
Indian Composites Market offers enormous growth opportunities for Indian Companies as well as global players and has tremendous business growth potential in near future.
ICERP 2022 virtual event’s Objectives are:
- To create new networking opportunities and business opportunities
- To create an impact in the Composites Industry in India and also among the end-users
- To get the attention of Global Composites Players and bring in investments
- Utilize it create joint ventures for technology up-gradation
- To give thrust for export promotion and create outsourcing opportunities
- To broaden the participation of various stakeholders in the composites value chain and create value for them
FRP INSTITUTE is a not-for-Profit professional society formed in 1999 for growth and development of Composites in India. The members list include Industries, Organizations and Individuals from the Indian Composites Industry spread across all over India.
Indian Composites Industry
The Indian Composites Industry is back on growth track after the slowdown due to COVID-19 pandemic. Increased price rise in raw materials, logistics issues and disruptions in global supply chain had an impact on the Indian Composites Industry as well. In spite of all these obstacles, the business opportunities for composites in India are very bright. The fact that per capita usage of composites in India is about 0.4 Kg compared to about 13 Kg in the USA gives us the indication that there is a huge untapped potential in India.
The Government of India’s focus on Self Reliant India -the “’Atmanirbhar Bharat” initiative gives tremendous business opportunities for Indian companies as well as for the global players to have a serious look at India as a favourable investment destination for composites. There is a huge volume of composites that are needed to meet the local needs and products made in India meeting the global standards offers enormous export opportunities.
Some of the key drivers of the composites market will be transportation including e -vehicles, Renewable energy, corrosion mitigation products for chemical and marine sectors. There are also considerable growing needs for composite products in Electrical, Buildings and construction and Infrastructure. High value, high performance products will find extensive growth opportunities in sectors like Defence and Aerospace. Overall, composites are being used in every sector in India and the demand for these materials is set to grow in coming years as a materials of choice for performance.
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