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Composite Materials in Middle East & Africa

Publisher GlobalData
Published May 15, 2025
Length 47 Pages
SKU # GBDT20306602

Description

Composite Materials in Middle East & Africa

Summary

Composite Materials in Middle East & Africa industry profile provides top-line qualitative and quantitative summary information including: market size (value 2019-24, and forecast to 2029). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights
  • Composite materials are formed when two materials with different physical and chemical properties are combined. These composite materials are specially designed to carry out a certain task, for instance becoming stronger, lighter, or electrically resistant. Additionally, they can increase stiffness and strength. They are preferred over conventional materials because they enhance the qualities of the base material and can be used in a variety of contexts.
  • The Middle East and African composite materials market recorded revenues of $4,456.1 million in 2024, representing a compound annual growth rate (CAGR) of 3.8% between 2019-24.
  • Market consumption volume increased with a CAGR of 2.8% between 2019-24, reaching a total of 553.9 kilotons in 2024.
  • The moderate growth of the Middle East & Africa composite materials market during 2019-24 is primarily due to the governments across the region that are increasingly focusing on economic diversification outside conventional industries such as oil and gas.
Scope
  • Save time carrying out entry-level research by identifying the size, growth, and leading players in the composite materials market in Middle East & Africa
  • Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the composite materials market in Middle East & Africa
  • Leading company profiles reveal details of key composite materials market players’ global operations and financial performance
  • Add weight to presentations and pitches by understanding the future growth prospects of the Middle East & Africa composite materials market with five year forecasts
Reasons to Buy
  • What was the size of the Middle East & Africa composite materials market by value in 2024?
  • What will be the size of the Middle East & Africa composite materials market in 2029?
  • What factors are affecting the strength of competition in the Middle East & Africa composite materials market?
  • How has the market performed over the last five years?
  • How large is Middle East & Africa’s composite materials market in relation to its regional counterparts?

Table of Contents

47 Pages
1. Executive Summary
1.1. Market value
1.2. Market value forecast
1.3. Market volume
1.4. Market volume forecast
1.5. Category segmentation
1.6. Geography segmentation
1.7. Market rivalry
1.8. Competitive landscape
2 . Market Overview
2.1. Market definition
2.2. Market analysis
3. Market Data
3.1. Market value
3.2. Market volume
4. Market Segmentation
4.1. Category segmentation
4.2. Geography segmentation
5. Market Outlook
5.1. Market value forecast
5.2. Market volume forecast
6. Five Forces Analysis
6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry
7. Competitive Landscape
7.1. Who are the leading players?
7.2. What are the strengths and strategies of the leading players?
7.3. What are the challenges in the market?
8. Company Profiles
8.1. Mitsubishi Chemical Group Corp
8.2. Toray Industries Inc
8.3. Huntsman International LLC
8.4. Solvay SA
9. Macroeconomic Indicators
9.1. Country data
10. Appendix
10.1. Methodology
10.2. Industry associations
10.3. Related GlobalData research
10.4. About GlobalData
List of Figures
Figure 1: Middle East & Africa composite materials market value: $ million, 2019-24
Figure 2: Middle East & Africa composite materials market volume: million kilotons, 2019-24
Figure 3: Middle East & Africa composite materials market category segmentation: $ million, 2019-24
Figure 4: Middle East & Africa composite materials market geography segmentation: % share, by value, 2024
Figure 5: Middle East & Africa composite materials market value forecast: $ million, 2024-29
Figure 6: Middle East & Africa composite materials market volume forecast: million kilotons, 2024-29
Figure 7: Forces driving competition in the composite materials market in Middle East & Africa, 2024
Figure 8: Drivers of buyer power in the composite materials market in Middle East & Africa, 2024
Figure 9: Drivers of supplier power in the composite materials market in Middle East & Africa, 2024
Figure 10: Factors influencing the likelihood of new entrants in the composite materials market in Middle East & Africa, 2024
Figure 11: Factors influencing the threat of substitutes in the composite materials market in Middle East & Africa, 2024
Figure 12: Drivers of degree of rivalry in the composite materials market in Middle East & Africa, 2024

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