
Middle East Automotive Composites Market Report (2021-2031) by Scope, Segmentation, Dynamics, and Competitive Analysis
No. of Pages: 150 | Report Code: BMIRE00031222 | Category: Chemicals and Materials
No. of Pages: 150 | Report Code: BMIRE00031222 | Category: Chemicals and Materials
The Automotive Composites Market size is expected to reach US$ 382.42 million by 2031 from US$ 185.11 million in 2024. The market is estimated to record a CAGR of 11.3% from 2025 to 2031.
The automotive composites market in the Middle East is growing due to the increasing demand for lightweight, high-performance materials in the automotive industry. Composites such as carbon fiber, glass fiber, and natural fiber-based materials are being increasingly adopted in the region due to their ability to reduce vehicle weight, enhance fuel efficiency, and improve safety features. This demand is largely spurred by the ongoing push for more sustainable automotive solutions and the shift toward EVs. As automakers aim to meet stringent emission standards and improve vehicle performance, composites offer a crucial solution to address these challenges.
Key segments that contributed to the derivation of the automotive composites market analysis are product type, resin type, technology, vehicle type, and application.
The Middle East is experiencing a rapid expansion in the automotive sector. Countries such as the UAE, Saudi Arabia, and Oman have seen increased investment in manufacturing facilities, research and development, and the establishment of local production bases. Additionally, the region's growing consumer demand for high-end, luxury, and performance vehicles further fuels the adoption of advanced composite materials. These materials help manufacturers meet consumers' expectations who seek enhanced vehicle aesthetics, durability, and fuel efficiency. The Middle East's strategic positioning as a hub for global automotive supply chains has enabled local companies to capitalize on opportunities for composite material production and export. 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 play a pivotal role in shaping the future of the region's automotive composites industry. The Middle East is poised to become a significant player in the global automotive composites market.
Based on region, the Middle East automotive composites market is further segmented into the UAE, Bahrain, Saudi Arabia, Oman, Qatar, Kuwait, and Turkey. Turkey held the largest share in 2024.
The automotive composites market in Turkey is growing, driven by the country's strong automotive manufacturing sector and increasing demand for lightweight, fuel-efficient vehicles. Composites such as fiberglass, carbon fiber, and natural fibers are increasingly being adopted to enhance vehicle performance, reduce emissions, and improve fuel economy. As Turkey focuses on sustainability and environmental regulations, the shift toward EVs accelerates using lightweight materials to increase battery range and overall efficiency. With ongoing investments in automotive research and development, Turkey's automotive composites market is poised to expand, supporting both domestic production and export opportunities.
Report Attribute | Details |
---|---|
Market size in 2024 | US$ 185.11 Million |
Market Size by 2031 | US$ 382.42 Million |
Global CAGR (2025 - 2031) | 11.3% |
Historical Data | 2022-2023 |
Forecast period | 2025-2031 |
Segments Covered |
By Fiber Type
|
Regions and Countries Covered | Middle East
|
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 are among the key players operating in the market. These players adopt strategies such as expansion, product innovation, and mergers and acquisitions to stay competitive in the market and offer innovative products to their consumers.
The following methodology has been followed for the collection and analysis of data presented in this report:
The research process begins with comprehensive secondary research, utilizing both internal and external sources to gather qualitative and quantitative data for each market. Commonly referenced secondary research sources include, but are not limited to:
Note:
All financial data included in the Company Profiles section has been standardized to US$. For companies reporting in other currencies, figures have been converted to US$ using the relevant exchange rates for the corresponding year.
The Insight Partners conducts a significant number of primary interviews each year with industry stakeholders and experts to validate and analyze the data and gain valuable insights. These research interviews are designed to:
Primary research is conducted via email interactions and telephone interviews with industry experts across various markets, categories, segments, and sub-segments in different regions. Participants typically include:
The Middle East Automotive Composites Market is valued at US$ 185.11 Million in 2024, it is projected to reach US$ 382.42 Million by 2031.
As per our report Middle East Automotive Composites Market, the market size is valued at US$ 185.11 Million in 2024, projecting it to reach US$ 382.42 Million by 2031. This translates to a CAGR of approximately 11.3% during the forecast period.
The Middle East Automotive Composites Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the Middle East Automotive Composites Market report:
The Middle East Automotive Composites Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The Middle East Automotive Composites Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the Middle East Automotive Composites Market value chain can benefit from the information contained in a comprehensive market report.