Mack Brooks Exhibitions brings Fastener Fair to Thailand

Fastener Fair Thailand 2012 will bring together  the latest technological innovations and cost-effective solutions for the automotive, electronics, infrastructure, airport and general manufacturing industries right in the heart of Thailand and ASEAN region.

At the event on September 6-8, at BITEC Bang Na, there will be 120 international and local exhibitors, numerous international pavilions and at least 5,000 trade visitors from around the world.

Michael Wilton, exhibition director of Mack Brooks Exhibitions Ltd - the organiser, said “Thailand is a major fastener markets. Demand for fasteners and fixings are on the rise on the back of the bright outlook of the major fasteners and fixing users such as automotive, electronics, infrastructure and airport industry. Not to mention that Thailand is gaining momentum to become the hub of ASEAN manufacturing industry.”

Thailand's automotive sector grew by 64 per cent in 2010 and is forecasted to be one of the top 10 producers of cars by 2015 with a 10 per cent growth rate for car production. During January to November, 2011, the automotive parts export from Thailand totaled to Bt14.78 billion, which was higher than the total value in 2010 at Bt14.45 billion.
The Thailand Automotive Institute projects that production will exceed 2 million units for the first time in the history, pushing Thailand as one of the top 10 global automobile producers.

In the electronics industry, 85 per cent of Thailand’s electronic goods production are for export. Electronics and electrical appliances saw 108 projects, with a total investment of US$950 million.
 
The outlook of the infrastructure is second to none. Modernization and development of the urban traffic network in Bangkok will be a driving factor. A $50 billion high-speed rail network between Thailand and China—transnational rail link between Greater Mekong countries with investment of $130 million—is also in the pipeline.
Wilton further explained that even though the recent floods gravely affected several communities and industrial estates in Thailand, historical data has shown that Thailand is incredibly resilient to such setbacks and industries are predicted to recover quickly.

“In the absence of a fair focusing of fastening solutions and trade in this region, the time seems ripe to bring the Fastener Fair model to this marketplace. The exhibitors will display their cost-saving products which in turn will help users cut their total production cost. Cost of each fastener and fixing item may be little but industries have to use them in large quantity so a cut in price per piece will result in an effective cost saving," he said.

Mangkorn Dhanasarnsilp, vice chairman of the Federation of Thai Industries, conferred that the fastener and fixing industry is essential in the production chain for the interrelated industries of electronics, automobiles and furnitures. One of the pillars of Thai industry is automobile production, which utilises the largest number of pieces of fastener and fixing items.

The domestic and global automotive industry is expected to recover in the first half of this year, resulting in more demands for automobile parts. Therefore, the more-than 2,000 automotive part producers in Thailand have to supply both the domestic and export markets to support the growth of the global automobile producers. It is expected that the automotive parts industry will grow by 12 per cent in the first quarter of 2012, which is already evidenced by strong initial orders.

“With the bright outlook in automotive industry, the fastener and fixing industry will certainly see the growth in their business as well as the Thai economy as a whole,” he noted.
 

Fastener Fair's flagship event was first launched in Stuttgart, Germany and was later followed by the Fastener Fair series, which includes Fastener Fair Hannover, Germany; Fastener Fair India; Fastener Fair Brazil and the next and exciting Fastener Fair Thailand.