The two exhibitions will present a comprehensive spectrum of products and solutions from additive manufacturing, casting machines to processing equipment and new technology for the user industries – from automotive, building and construction, energy and gas, to users from metal and steel plants.
Launch into Southeast Asia
The move to introduce GIFA and METEC to Southeast Asia come against the backdrop of a revitalised steel industry in 2021 with V-shape recoveries in economy growth expected – as well as steel consumption - together with demand for foundry solutions and metallurgical technologies in the region.
According to the World Steel Association, steel demand in 2021 is expected to recover to 1,717 Mt, an increase of 3.8 % over 2020 with Southeast Asia steel consumption forecast rebounding strongly to 83.2 Mt and renewed focus in infrastructure investment making the fall in steel demand less acute.
As capital projects and priority infrastructure expansions in the region are predicted to stay on schedule, “GIFA and METEC Southeast Asia are ideally timed and will stimulate investment decisions in the region, which is exactly what the industry needs, as economies make progress and pent-up demand is expected to gain momentum next year,” said Mr Gernot Ringling, Managing Director, Messe Düsseldorf Asia. “Thailand has a strong and resilient market particularly for the automotive sector, though recovery to pre-crisis levels may take some time, safety concerns could boost demand for passenger cars and the move to electric vehicles is likely to continue post-pandemic - consequently the die casting technology market has
significant growth potential, and similarly for emerging economies such as Vietnam and Indonesia with major infrastructure projects underway,” said Mr Ringling.
The conditions are favourable: Neighbouring country Vietnam continues to be a bright spot for Asian steel supply growth, helped by new capacity start-ups. Following a 30% rise in 2019, the first four months of this year saw crude steel output advance by 4.7% year over year. While Southeast Asian steel supply growth is expected to remain broadly flat in 2020, with lower output forecast in Malaysia and Indonesia; this will be offset by increases in Vietnam and Thailand according to the World Steel Association. The most important sectors contributing to the region’s steel consumption are energy generation, transport, construction/civil engineering and steel/metal packaging, making the demand for metallurgy and casting technology particularly strong in Southeast Asia.
“Held alongside wire and Tube Southeast Asia – the two events have been anchored in Thailand since 2007. We believe that the synergies will give the industries in the construction and the automotive production the impetus to grow. These added segments will offer a more complete showing of technology for these industries which will rebound after 2020.” shared Mr Gerrit Nawracala, Project Director, GIFA, METEC, THERMPROCESS, and NEWCAST - Düsseldorf.
What to expect at GIFA and METEC Southeast Asia 2021
A total of 110 foundry and metallurgy companies are expected to participate at GIFA and METEC Southeast Asia 2021 to present business opportunities, downstream perspectives, and new applications. The first edition of GIFA and METEC Southeast Asia is expected to bring together the industry – which includes specialists from Thailand and the region who will provide the knowhow and technology transfer among international and regional producers, processors, and technology companies.
The GIFA and METEC Southeast Asia team are also in talks with associations and industry-experts to introduce a series of industry-led forums and presentations at the first edition of the show which will be announced at a later
The two exhibitions are powered by ‘The Bright World of Metals’ portfolio of trade fairs under the Messe Düsseldorf group in Germany which include the long-established metal trade fair quartet of GIFA, METEC, THERMPROCESS,
GIFA and METEC Southeast Asia will co-locate with the well-established wire and Tube Southeast Asia exhibitions already into their 14th and 15th editions respectively, gathering a synergistic supply chain under a single roof.