The GCC Automotive Composites Market size is expected to reach US$ 7.57 million by 2031 from US$ 4.26 million in 2024. The market is estimated to record a CAGR of 9.0% from 2025 to 2031.
Executive Summary and GCC Automotive Composites Market Analysis
The automotive composites sector within the GCC (Gulf Cooperation Council) is experiencing a period of significant expansion, driven by the region’s strategic focus on industrial diversification, technological advancements, and a growing emphasis on sustainability within the automotive industry. Lightweight composite materials, notably carbon fiber, fiberglass, and advanced polymer blends, are gaining considerable traction across GCC nations such as the UAE, Saudi Arabia, and Qatar. These materials are being increasingly implemented in the production of automotive components to achieve lighter vehicle structures, enhanced fuel efficiency, and improved overall vehicle performance. The rising demand for automotive composites in the GCC is closely connected to the automotive industry’s ongoing transition towards electric vehicles (EVs) and fuel-efficient cars, aligning with global sustainability trends and the region’s increasing focus on mitigating carbon emissions. Consequently, with growing investments in the EV sector and an increase in automotive production throughout the region, the demand for automotive composites has seen a substantial rise.
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GCC Automotive Composites Market Outlook
Rising fuel costs and the increasing awareness of the environmental impact of conventional gasoline-powered vehicles have spurred a global movement towards alternative fuel vehicles. Buyers are progressively leaning towards battery-powered and hybrid automobiles, thereby boosting the demand for electric vehicles. According to the International Energy Agency’s annual Global Electric Vehicle Outlook, over 10 million electric 1 cars were sold worldwide in 2 2022, and projections indicate a 35% increase in 2023, reaching 14 million. As the automotive industry undergoes a significant transformation towards electric vehicles (EVs), the role of composite materials has become increasingly critical. The GCC’s strategic position as a key player in the global oil and gas industry has facilitated the development of advanced composite technologies, leveraging expertise in resin manufacturing and materials science. Moreover, with sustainability gaining prominence in both regional and global automotive markets, the demand for environmentally friendly, recyclable, and bio-based composites is growing. Integrating these materials into vehicle production aligns with government initiatives promoting cleaner, greener transportation solutions.
GCC Automotive Composites Market Segmentation
GCC Automotive Composites Market: By Fiber Type
- Glass Fiber Composites
- Carbon Fiber Composites
GCC Automotive Composites Market: By Resin Type
- Thermoset
- Thermoplastics
GCC Automotive Composites Market: By Technology
- Pultrusion
- Injection Molding
- Compression Molding
GCC Automotive Composites Market: By Vehicle Type
- Passenger Cars
- Commercial Vehicles
- Two Wheelers
GCC Automotive Composites Market: Regions and Countries Covered
GCC
- Bahrain
- Kuwait
- Oman
- Qatar
- Saudi Arabia
- United Arab Emirates
GCC 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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