Middle East And Africa Composites Market Size & Outlook, 2025-2033
Middle East And Africa Composites Market Size
According to Straits Research analysis, the Middle East and Africa Composites Market was valued at USD 6144 Million in 2024 and is projected to reach USD 11192 Million by 2033, expanding at a CAGR of 6.8% during the forecast period. The demand is primarily driven by extensive usage in industries like agriculture, chemicals, and energy. The market is witnessing an increasing demand for products like geosynthetics in agriculture, corrosion-resistant equipment in the chemical sector, and lightweight materials in the energy industry. Emerging trends such as green production, low-carbon emission strategies, and advanced technological developments are fuelling the market's growth. Additionally, there is significant potential for export. With strategic emphasis on sustainable technologies and green initiatives, the Middle East and Africa are setting a positive trajectory for the Composites Market, strengthening their global position.
Source: Straits Research Analysis Company Publications, Primary Interviews.
Middle East And Africa Composites Market Highlights
- By market size, Layup led the Manufacturing Process category in 2024.
- The Manufacturing Process segment led by Filament is estimated to post the fastest growth, sustaining its position as the most lucrative during the forecast timeframe.
- In 2024, Middle East And Africa accounted for 5.89% of the global composites market size.
- By 2033, China is projected to lead the global market in terms of market size.
- South Africa is projected to emerge as the fastest-growing market in Middle East And Africa, reaching USD 5913 Million by 2033.
Middle East And Africa Composites Market Revenue Share 2024
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Report Summary
| Report Scope | Details |
|---|---|
| Base Year for Study | 2024 |
| Study Period | 2020-2033 |
| Historical Period | 2020-2023 |
| Forecast Period | 2025-2033 |
| Market Size In 2024 | USD 6144 Million |
| Market Size In 2033 | USD 11192 Million |
| Largest segment | Layup |
| Fastest segment | Filament |
| Units | Revenue in USD Million |
| CAGR | 6.8% (2025-2033) |
| Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends |
Segmentation Covered
| Segments | Sub Segments |
|---|---|
| Country |
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| Manufacturing Process |
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| Product |
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| End-User |
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Middle East And Africa Composites Market By Country 2033
Source: Straits Research Analysis Company Publications, Primary Interviews.
Middle East And Africa Composites Market By Manufacturing Process 2033
Source: Straits Research Analysis Company Publications, Primary Interviews.
Middle East And Africa Composites Market By Product 2033
Source: Straits Research Analysis Company Publications, Primary Interviews.
Middle East And Africa Composites Market By End-User 2033
Source: Straits Research Analysis Company Publications, Primary Interviews.
