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 automotive composites landscape in Africa is evolving rapidly, driven by an increasing preference for lighter, more durable, and fuel-efficient vehicles. Automakers across the continent are progressively integrating composite materials, including fiberglass, carbon fiber, and natural fiber options, into their manufacturing processes to align with global sustainability imperatives. The growing emphasis on electric vehicles (EVs) and the pressing need to curtail carbon emissions are significant catalysts for the adoption of advanced materials. Composites offer substantial weight reduction advantages, leading to enhanced energy efficiency in vehicles. This trend is poised for further acceleration as environmentally responsible policies and practices gain greater traction among African governments and the business sector.
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Africa Automotive Composites Market Outlook
The continent is witnessing a surge in manufacturers establishing operations within key markets such as South Africa, Nigeria, Egypt, and Morocco. South Africa has solidified its position as a prominent automotive center, attracting global automakers and fostering local production capabilities. This growth has spurred an increasing demand for high-performance materials, such as composites, to support vehicle manufacturing endeavors. Furthermore, the expanding middle-class demographic and a rising consumer appetite for affordable yet high-quality vehicles are prompting automakers to leverage composites to enhance their products’ performance and visual appeal. Natural fibers, sourced from local agricultural resources like hemp, jute, and sisal, present a more sustainable and economically viable alternative to synthetic composites. This strategic shift not only contributes to a more environmentally conscious automotive industry but also unlocks economic opportunities for local agricultural sectors. The future trajectory of Africa’s automotive composites market appears promising, with the demand for advanced materials anticipated to continue its upward climb in tandem with the region’s expanding automotive industry and evolving sustainability objectives.
Africa Automotive Composites Market Country Insights
South Africa’s automotive composites market is growing as the country’s automotive industry increasingly adopts advanced materials to enhance vehicle performance, reduce weight, and improve fuel efficiency. Composites such as fiberglass, carbon fiber, and natural fibers are becoming more common in vehicle manufacturing, driven by the demand for more sustainable and efficient transportation solutions. According to the International Trade Administration, the total vehicle production in South Africa increased from 446,210 units in 2020 to 510,000 units in 2022. South Africa launched the South Africa Automotive Masterplan (SAAM) 2021–2035 in 2021, aimed at producing 1.4 million vehicles, representing 1% of global vehicle production per annum by 2035. The country’s seven original equipment manufacturers (OEMs) in the automotive sector invested ~US$ 460 million in 2021. South Africa’s well-established automotive sector, which includes major global automakers, is shifting toward EVs, further boosting the use of lightweight materials. As the market for environmentally friendly vehicles expands, South Africa’s automotive composites industry is poised to grow, supporting domestic and export demands.
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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