Middle East Automotive Composites Market Report (2021-2031) by Scope, Segmentation, Dynamics, and Competitive Analysis
Description
The Middle East automotive composites market is projected to grow from USD 185.1 million in 2024 to USD 382.4 million by 2031, reflecting a compound annual growth rate (CAGR) of 10.9% from 2025 to 2031.
Executive Summary and Middle East Automotive Composites Market Analysis
The automotive composites market in the Middle East is expanding due to rising demand for lightweight, high-performance materials in the automotive industry. Materials such as carbon fiber, glass fiber, and natural fiber composites are increasingly adopted in the region because they help reduce vehicle weight, enhance fuel efficiency, and improve safety features. This demand is largely driven by the shift towards more sustainable automotive solutions and the growing focus on electric vehicles (EVs). As automakers strive to meet stringent emission regulations and enhance vehicle performance, composites provide essential solutions to these challenges.
Middle East Automotive Composites Market Segmentation Analysis
Key segments involved in analyzing the automotive composites market include product type, resin type, technology, vehicle type, and application.
Product Type: The market is segmented into glass fiber composites, carbon fiber composites, and others. The glass fiber composites segment dominated the market in 2024.
Resin Type: The market is divided into thermosets (such as polyester, epoxy, vinyl ester, polyurethane, and others) and thermoplastics (including polyethylene, polypropylene, polycarbonate, polymethyl methacrylate, and others). The thermoplastics segment led the market in 2024.
Technology: The market is segmented into pultrusion, injection molding, compression molding, and others. The injection molding segment was the leading technology in 2024.
Vehicle Type: The market is categorized into passenger cars, commercial vehicles, two-wheelers, and others. The passenger cars segment held the largest market share in 2024.
Application: The market is divided into structural assembly, powertrain components, interior, and exterior applications. The interior segment dominated in 2024.
Middle East Automotive Composites Market Outlook
The Middle East is witnessing significant growth in the automotive sector. Countries like the UAE, Saudi Arabia, and Oman are increasing investments in manufacturing facilities, research and development, and establishing local production bases. Additionally, the rising consumer demand for high-end, luxury, and performance vehicles is contributing to the adoption of advanced composite materials. These materials help manufacturers meet consumer expectations for enhanced aesthetics, durability, and fuel efficiency. The region's strategic position within global automotive supply chains is enabling local companies to seize opportunities for the production and export of composite materials. As the demand for sustainable and innovative vehicle components continues to rise, the Middle East automotive composites market is expected to expand, with local players investing in research, development, and manufacturing capabilities. Government initiatives to promote green technologies and support automotive innovation are also playing a crucial role in shaping the future of the region's automotive composites industry. Consequently, the Middle East is poised to become a significant player in the global automotive composites market.
Middle East Automotive Composites Market Country Insights
The Middle East automotive composites market is further segmented into specific countries, including the UAE, Bahrain, Saudi Arabia, Oman, Qatar, Kuwait, and Turkey. Notably, Turkey held the largest market share in 2024.
Turkey's automotive composites market is growing, driven by its robust automotive manufacturing sector and increasing demand for lightweight, fuel-efficient vehicles. Composites such as fiberglass, carbon fiber, and natural fibers are increasingly used to enhance vehicle performance, reduce emissions, and improve fuel economy. As Turkey emphasizes sustainability and environmental regulations, the transition towards electric vehicles accelerates, utilizing lightweight materials to maximize battery range and overall efficiency. With ongoing investments in automotive research and development, Turkey's automotive composites market is poised for further expansion, supporting both domestic production and export opportunities.
Middle East Automotive Composites Market Key Players
Key players in the automotive composites market include Gurit Holding AG, Hexcel Corp, Mitsubishi Chemical Group Corp, SGL Carbon SE, Solvay SA, Teijin Ltd, DuPont de Nemours Inc, Toray Industries Inc, Atlas Fibre, and Elaghmore Advisor LLP. These companies employ strategies such as expansion, product innovation, and mergers and acquisitions to remain competitive and offer innovative products to consumers.
Executive Summary and Middle East Automotive Composites Market Analysis
The automotive composites market in the Middle East is expanding due to rising demand for lightweight, high-performance materials in the automotive industry. Materials such as carbon fiber, glass fiber, and natural fiber composites are increasingly adopted in the region because they help reduce vehicle weight, enhance fuel efficiency, and improve safety features. This demand is largely driven by the shift towards more sustainable automotive solutions and the growing focus on electric vehicles (EVs). As automakers strive to meet stringent emission regulations and enhance vehicle performance, composites provide essential solutions to these challenges.
Middle East Automotive Composites Market Segmentation Analysis
Key segments involved in analyzing the automotive composites market include product type, resin type, technology, vehicle type, and application.
Product Type: The market is segmented into glass fiber composites, carbon fiber composites, and others. The glass fiber composites segment dominated the market in 2024.
Resin Type: The market is divided into thermosets (such as polyester, epoxy, vinyl ester, polyurethane, and others) and thermoplastics (including polyethylene, polypropylene, polycarbonate, polymethyl methacrylate, and others). The thermoplastics segment led the market in 2024.
Technology: The market is segmented into pultrusion, injection molding, compression molding, and others. The injection molding segment was the leading technology in 2024.
Vehicle Type: The market is categorized into passenger cars, commercial vehicles, two-wheelers, and others. The passenger cars segment held the largest market share in 2024.
Application: The market is divided into structural assembly, powertrain components, interior, and exterior applications. The interior segment dominated in 2024.
Middle East Automotive Composites Market Outlook
The Middle East is witnessing significant growth in the automotive sector. Countries like the UAE, Saudi Arabia, and Oman are increasing investments in manufacturing facilities, research and development, and establishing local production bases. Additionally, the rising consumer demand for high-end, luxury, and performance vehicles is contributing to the adoption of advanced composite materials. These materials help manufacturers meet consumer expectations for enhanced aesthetics, durability, and fuel efficiency. The region's strategic position within global automotive supply chains is enabling local companies to seize opportunities for the production and export of composite materials. As the demand for sustainable and innovative vehicle components continues to rise, the Middle East automotive composites market is expected to expand, with local players investing in research, development, and manufacturing capabilities. Government initiatives to promote green technologies and support automotive innovation are also playing a crucial role in shaping the future of the region's automotive composites industry. Consequently, the Middle East is poised to become a significant player in the global automotive composites market.
Middle East Automotive Composites Market Country Insights
The Middle East automotive composites market is further segmented into specific countries, including the UAE, Bahrain, Saudi Arabia, Oman, Qatar, Kuwait, and Turkey. Notably, Turkey held the largest market share in 2024.
Turkey's automotive composites market is growing, driven by its robust automotive manufacturing sector and increasing demand for lightweight, fuel-efficient vehicles. Composites such as fiberglass, carbon fiber, and natural fibers are increasingly used to enhance vehicle performance, reduce emissions, and improve fuel economy. As Turkey emphasizes sustainability and environmental regulations, the transition towards electric vehicles accelerates, utilizing lightweight materials to maximize battery range and overall efficiency. With ongoing investments in automotive research and development, Turkey's automotive composites market is poised for further expansion, supporting both domestic production and export opportunities.
Middle East Automotive Composites Market Key Players
Key players in the automotive composites market include Gurit Holding AG, Hexcel Corp, Mitsubishi Chemical Group Corp, SGL Carbon SE, Solvay SA, Teijin Ltd, DuPont de Nemours Inc, Toray Industries Inc, Atlas Fibre, and Elaghmore Advisor LLP. These companies employ strategies such as expansion, product innovation, and mergers and acquisitions to remain competitive and offer innovative products to consumers.
Table of Contents
186 Pages
- 1. Introduction
- 1.1 Business Market Insights Research Report Guidance
- 1.2 Market Segmentation
- 2. Executive Summary
- 2.1 Key Market Insights
- 2.2 Market Attractiveness
- 3. Research Methodology
- 3.1 Secondary Research
- 3.2 Primary Research
- 3.2.1 Hypothesis formulation:
- 3.2.2 Macro-economic factor analysis:
- 3.2.3 Developing base number:
- 3.2.4 Data Triangulation:
- 3.2.5 Country level data:
- 4. Middle East Automotive Composites Market Landscape
- 4.1 Market Overview
- 4.2 Porter's Five Forces Analysis
- 4.2.1 Bargaining Power of Suppliers
- 4.2.2 Bargaining Power of Buyers
- 4.2.3 Threat of New Entrants
- 4.2.4 Competitive Rivalry
- 4.2.5 Threat of Substitutes
- 4.3 Ecosystem Analysis
- 4.3.1 Raw Material Suppliers
- 4.3.2 Manufacturers
- 4.3.3 Distributors/Suppliers
- 4.3.4 End Users
- 5. Middle East Automotive Composites Market – Key Market Dynamics
- 5.1 Growth Drivers
- 5.1.1 Demand for Lightweight Materials
- 5.1.2 Rise of Electric and Hybrid Vehicles
- 5.1.3 Increased Demand for Durability and Performance
- 5.2 Market Opportunities
- 5.2.1 Growing Adoption of Lightweight Composites for Fuel Efficiency
- 5.2.2 Increased Use of Composites in Electric Vehicles
- 5.2.3 Development of Recyclable and Sustainable Composites
- 5.3 Future Trends
- 5.3.1 Increased Use of Carbon Fiber Composites
- 5.3.2 Advancements in Recycling and Sustainability
- 5.3.3 Integration of Smart Materials in Automotive Composites
- 5.4 Impact of Drivers and Restraints
- 6. Middle East Automotive Composites Market Regional Analysis
- 6.1 Middle East Automotive Composites Market Overview
- 6.2 Middle East Automotive Composites Market Revenue 2021-2031 (US$ Million)
- 6.3 Middle East Automotive Composites Market Forecast Analysis
- 7. Middle East Automotive Composites Market Analysis – by Fiber Type
- 7.1 Glass Fiber Composites
- 7.1.1 Overview
- 7.1.2 Glass Fiber Composites: Middle East Automotive Composites Market – Revenue and Forecast to 2031 (US$ Million)
- 7.2 Carbon Fiber Composites
- 7.2.1 Overview
- 7.2.2 Carbon Fiber Composites: Middle East Automotive Composites Market – Revenue and Forecast to 2031 (US$ Million)
- 8. Middle East Automotive Composites Market Analysis – by Resin Type
- 8.1 Thermoset
- 8.1.1 Overview
- 8.1.2 Thermoset: Middle East Automotive Composites Market – Revenue and Forecast to 2031 (US$ Million)
- 8.2 Thermoplastics
- 8.2.1 Overview
- 8.2.2 Thermoplastics: Middle East Automotive Composites Market – Revenue and Forecast to 2031 (US$ Million)
- 9. Middle East Automotive Composites Market Analysis – by Technology
- 9.1 Pultrusion
- 9.1.1 Overview
- 9.1.2 Thermoplastics: Middle East Automotive Composites Market – Revenue and Forecast to 2031 (US$ Million)
- 9.2 Injection Molding
- 9.2.1 Overview
- 9.2.2 Thermoplastics: Middle East Automotive Composites Market – Revenue and Forecast to 2031 (US$ Million)
- 9.3 Compression Molding
- 9.3.1 Overview
- 9.3.2 Thermoplastics: Middle East Automotive Composites Market – Revenue and Forecast to 2031 (US$ Million)
- 10. Middle East Automotive Composites Market – Middle East Analysis
- 10.1 Middle East
- 10.1.1 Middle East Automotive Composites Market Breakdown, by Key Country, 2025 and 2031 (%)
- 10.1.1.1 Middle East Automotive Composites Market – Revenue and Forecast Analysis – by Country
- 10.1.1.1 Bharain: Middle East Automotive Composites Market – Revenue and Forecast to 2031 (US$ Million)
- 10.1.1.1.1 Bharain: Middle East Automotive Composites Market Breakdown, by Fiber Type
- 10.1.1.1.2 Bharain: Middle East Automotive Composites Market Breakdown, by Resin Type
- 10.1.1.1.3 Bharain: Middle East Automotive Composites Market Breakdown, by Technology
- 10.1.1.2 Saudi Arabia: Middle East Automotive Composites Market – Revenue and Forecast to 2031 (US$ Million)
- 10.1.1.2.1 Saudi Arabia: Middle East Automotive Composites Market Breakdown, by Fiber Type
- 10.1.1.2.2 Saudi Arabia: Middle East Automotive Composites Market Breakdown, by Resin Type
- 10.1.1.2.3 Saudi Arabia: Middle East Automotive Composites Market Breakdown, by Technology
- 10.1.1.3 UAE: Middle East Automotive Composites Market – Revenue and Forecast to 2031 (US$ Million)
- 10.1.1.3.1 UAE: Middle East Automotive Composites Market Breakdown, by Fiber Type
- 10.1.1.3.2 UAE: Middle East Automotive Composites Market Breakdown, by Resin Type
- 10.1.1.3.3 UAE: Middle East Automotive Composites Market Breakdown, by Technology
- 10.1.1.4 Turkiye: Middle East Automotive Composites Market – Revenue and Forecast to 2031 (US$ Million)
- 10.1.1.4.1 Turkiye: Middle East Automotive Composites Market Breakdown, by Fiber Type
- 10.1.1.4.2 Turkiye: Middle East Automotive Composites Market Breakdown, by Resin Type
- 10.1.1.4.3 Turkiye: Middle East Automotive Composites Market Breakdown, by Technology
- 10.1.1.5 Kuqwit: Middle East Automotive Composites Market – Revenue and Forecast to 2031 (US$ Million)
- 10.1.1.5.1 Kuqwit: Middle East Automotive Composites Market Breakdown, by Fiber Type
- 10.1.1.5.2 Kuqwit: Middle East Automotive Composites Market Breakdown, by Resin Type
- 10.1.1.5.3 Kuqwit: Middle East Automotive Composites Market Breakdown, by Technology
- 10.1.1.6 Oman: Middle East Automotive Composites Market – Revenue and Forecast to 2031 (US$ Million)
- 10.1.1.6.1 Oman: Middle East Automotive Composites Market Breakdown, by Fiber Type
- 10.1.1.6.2 Oman: Middle East Automotive Composites Market Breakdown, by Resin Type
- 10.1.1.6.3 Oman: Middle East Automotive Composites Market Breakdown, by Technology
- 11. Competitive Landscape
- 11.1 Heat Map Analysis
- 11.2 Company Positioning and Concentration
- 12. Middle East Automotive Composites Market Industry Landscape
- 12.1 Overview
- 12.2 Mergers and Acquisitions
- 12.3 Agreements, Collaborations, and Joint Ventures
- 12.4 New Product Launches
- 12.5 Expansions and Other Strategic Developments
- 13. Company Profiles
- 13.1 Gurit Holdings AG
- 13.1.1 Key Facts
- 13.1.2 Business Description
- 13.1.3 Products and Services
- 13.1.4 Financial Overview
- 13.1.5 SWOT Analysis
- 13.1.6 Key Developments
- 13.2 Hexcel Corp
- 13.2.1 Key Facts
- 13.2.2 Business Description
- 13.2.3 Products and Services
- 13.2.4 Financial Overview
- 13.2.5 SWOT Analysis
- 13.2.6 Key Developments
- 13.3 Mitsubhishi Chemical Group
- 13.3.1 Key Facts
- 13.3.2 Business Description
- 13.3.3 Products and Services
- 13.3.4 Financial Overview
- 13.3.5 SWOT Analysis
- 13.3.6 Key Developments
- 13.4 SGL Carbon SE
- 13.4.1 Key Facts
- 13.4.2 Business Description
- 13.4.3 Products and Services
- 13.4.4 Financial Overview
- 13.4.5 SWOT Analysis
- 13.4.6 Key Developments
- 13.5 Solvay SA
- 13.5.1 Key Facts
- 13.5.2 Business Description
- 13.5.3 Products and Services
- 13.5.4 Financial Overview
- 13.5.5 SWOT Analysis
- 13.5.6 Key Developments
- 13.6 Teijin Ltd
- 13.6.1 Key Facts
- 13.6.2 Business Description
- 13.6.3 Products and Services
- 13.6.4 Financial Overview
- 13.6.5 SWOT Analysis
- 13.6.6 Key Developments
- 13.7 DuPont de Numours Inc
- 13.7.1 Key Facts
- 13.7.2 Business Description
- 13.7.3 Products and Services
- 13.7.4 Financial Overview
- 13.7.5 SWOT Analysis
- 13.7.6 Key Developments
- 13.8 Toray Industries
- 13.8.1 Key Facts
- 13.8.2 Business Description
- 13.8.3 Products and Services
- 13.8.4 Financial Overview
- 13.8.5 SWOT Analysis
- 13.8.6 Key Developments
- 13.9 Atlas Fibre
- 13.9.1 Key Facts
- 13.9.2 Business Description
- 13.9.3 Products and Services
- 13.9.4 Financial Overview
- 13.9.5 SWOT Analysis
- 13.9.6 Key Developments
- 13.10 Elaghmore Advisor LLP
- 13.10.1 Key Facts
- 13.10.2 Business Description
- 13.10.3 Products and Services
- 13.10.4 Financial Overview
- 13.10.5 SWOT Analysis
- 13.10.6 Key Developments
- 14. Appendix
- 14.1 About Business Market Insights
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