The Africa Automotive Composites Market size is expected to reach US$ 152.22 million by 2031 from US$ 78.79 million in 2024. The market is estimated to record a CAGR of 10.2% from 2025 to 2031.
Executive Summary and Africa Automotive Composites Market Analysis
The African automotive composites market is growing quickly, fueled by the rising demand for vehicles that are lighter, tougher, and more fuel-efficient. Composites like fiberglass, carbon fiber, and natural fibers are increasingly being used in car manufacturing across the continent. This shift is happening because automakers want to meet global sustainability standards, especially with more and more electric vehicles (EVs) on the road and a strong push to lower carbon emissions. Using composites significantly cuts down vehicle weight, which boosts energy efficiency. We expect this trend to get even stronger as African governments and businesses focus more on eco-friendly policies.
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Africa Automotive Composites Market Outlook
More and more car manufacturers are setting up businesses in key African countries like South Africa, Nigeria, Egypt, and Morocco. South Africa, a big automotive center, has brought in international carmakers and increased local production, which has led to a greater need for high-performance materials such as composites. Also, as the middle class grows and people look for cars that are affordable yet still high quality, automakers are using composites to make vehicles perform better and look good. Natural fibers, which come from local farms (like hemp, jute, and sisal), offer a green and cheaper option than synthetic composites. This not only helps create an environmentally friendly car industry but also creates jobs and economic opportunities for local farming communities. The future of Africa’s automotive composites market looks good, with the demand for advanced materials set to grow as the region’s car industry expands and its sustainability goals develop.
Africa Automotive Composites Market Segmentation
Africa Automotive Composites Market By Fiber Type
- Glass Fiber Composites
- Carbon Fiber Composites
Africa Automotive Composites Market By Resin Type
- Thermoset
- Thermoplastics
Africa Automotive Composites Market By Technology
- Pultrusion
- Injection Molding
- Compression Molding
Africa Automotive Composites Market By Vehicle Type
- Passenger Cars
- Commercial Vehicles
- Two Wheelers
Africa Automotive Composites Market Regions and Countries Covered
Africa
- South Africa
- Egypt
- Algeria
- Nigeria
Africa Automotive Composites Market – Market leaders and key company profiles
- Gurit Holdings AG
- Hexcel Corp
- Mitsubhishi Chemical Group
- SGL Carbon SE
- Solvay SA
- Teijin Ltd
- DuPont de Numours Inc
- Toray Industries
- Atlas Fibre
- Elaghmore Advisor LLP
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