Market Forecast by Raw Material Type (PAN-based carbon fiber, rayon-based carbon fiber and pitch-based carbon fiber), by Applications (aerospace & defense, construction, automotive, wind turbines, sports equipment, molding & compounding and others), by Product Type (continuous carbon fiber, long carbon fiber and short carbon fiber), By Form Type (composite carbon fiber and non-composite carbon fiber), By Countries (Saudi Arabia, UAE, Qatar, Bahrain and rest of Middle East) and Competitive Landscape
Product Code: ETC054460 | Publication Date: Apr 2021 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 200 | No. of Figures: 90 | No. of Tables: 30 |
Middle East carbon fiber market is estimated to grow descent for the forecast period. Major factors driving the market are the increasing demand for fuel-efficient and lightweight vehicles, demand from the aerospace sector, the wind turbine plants etc. Also, the most influential drivers are the need from the construction sector in the Middle East and the subsequent FDI by the conglomerates led to a rise in the demand for the carbon fiber market. The restraint in the Middle East is the lack of reach and flexible transportation also the Covid-19 has affected the entire situation very badly since the demands from the Middle East countries has fallen
According to 6Wresearch, The Middle East Carbon Fiber Market size is projected to witness descent growth during 2020-26. Currently, Saudi Arabia accounts for the largest producing country in the Middle East region. Since Saudi Aramco and Hyosung have partnered to construct carbon fiber plant in Saudi Arabia this bilateral tie has given an edge over others. Also, Saudi Aramco has acquired a 70% stake in SABIC. Apart from that, Turkey will be witnessing the highest growth in the years to come.
The Middle East carbon fiber market is segmented on the basis of raw material, fiber type, and industry vertical. On the basis of raw material, the market is sub-segmented into PAN and petroleum pitch & rayon. Based on the raw material type, the PAN-based and RAYON based carbon fiber are going to witness the subsequent growth during coming time. The key segment is non-composite carbon fiber. The market value is attributed to the increased production by the major aerospace, defense manufacturers and wind turbine industry.
The key market players in the Middle East are as follows ACP Composites, Clear Water Composites, LLCCytec Industries Inc., Formtech Composites, Hexcel Corporation, HITCO Carbon composites Inc., Kemrock Industries and Exports Limited, Mitsubishi Rayon Carbon Fiber & Composites.
The Middle East carbon fiber market report thoroughly covers the market by type, end-users, distribution channels, and countries including Turkey, Saudi Arabia, Qatar, UAE and the rest of the Middle East. The Middle East Carbon Fiber outlook report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
Key Highlights
Markets Covered
The report provides a detailed analysis of the following market segments:
1. Executive Summary |
2. Introduction |
2.1. Key Highlights of the Report |
2.2. Report Description |
2.3. Market Scope & Segmentation |
2.4. Research Methodology |
2.5. Assumptions |
3. Middle East Carbon Fiber Market Overview |
3.1. Middle East Country Macro Economic Indicators |
3.2. Middle East Carbon Fiber Market Revenue, 2019 & 2026F |
3.3. Middle East Carbon Fiber Market - Industry Life Cycle |
3.4. Middle East Carbon Fiber Market - Porter's Five Forces |
3.5. Middle East Carbon Fiber Market Revenue Share, By Raw Material Type, 2019 & 2026F |
3.6. Middle East Carbon Fiber Market Revenue Share, By Application, 2019 & 2026F |
3.6. Middle East Carbon Fiber Market Revenue Share, By Product Type, 2019 & 2026F |
3.6. Middle East Carbon Fiber Market Revenue Share, By Form Type, 2019 & 2026F |
3.6. Middle East Carbon Fiber Market Revenue Share, By Regions, 2019 & 2026F |
4. Middle East Carbon Fiber Market Dynamics |
4.1. Impact Analysis |
4.2. Market Drivers |
4.3. Market Restraints |
5. Middle East Carbon Fiber Market Trends |
6. Middle East Carbon Fiber Market, By Raw Material Type |
6.1. Middle East Carbon Fiber Market, By Raw Material Type |
6.1.1. Overview and Analysis |
6.1.2. Middle East Carbon Fiber Market Revenue, By PAN-Based Carbon Fiber, 2016 - 2026F |
6.1.3. Middle East Carbon Fiber Market Revenue, By Rayon-Based Carbon Fiber, 2016 - 2026F |
6.1.4. Middle East Carbon Fiber Market Revenue, By Pitch Based Carbon Fiber, 2016 - 2026F |
7. Middle East Carbon Fiber Market, By Application |
7.1. Middle East Carbon Fiber Market, By Application |
7.1.1. Overview and Analysis |
7.1.2. Middle East Carbon Fiber Market Revenue, By Automotive, 2016 - 2026F |
7.1.3. Middle East Carbon Fiber Market Revenue, By Aerospace and Defense, 2016 - 2026F |
7.1.4. Middle East Carbon Fiber Market Revenue, By Wind Turbines, 2016 - 2026F |
7.1.5. Middle East Carbon Fiber Market Revenue, By Sports Equipment, 2016 - 2026F |
7.1.6. Middle East Carbon Fiber Market Revenue, By Moulding and Compounding, 2016 - 2026F |
7.1.7. Middle East Carbon Fiber Market Revenue, By Construction, 2016 - 2026F |
7.1.8. Middle East Carbon Fiber Market Revenue, By Others, 2016 - 2026F |
8. Middle East Carbon Fiber Market, By Form Type |
8.1. Middle East Carbon Fiber Market, By Form Type |
8.1.1. Overview and Analysis |
8.1.2. Middle East Carbon Fiber Market Revenue, By Composite Carbon Fiber, 2016 - 2026F |
8.1.3. Middle East Carbon Fiber Market Revenue, By Non-Composite Carbon Fiber, 2016 - 2026F |
9. Middle East Carbon Fiber Market, By Product Type |
9.1. Middle East Carbon Fiber Market, By Product Type |
9.1.1. Overview and Analysis |
9.1.2. Middle East Carbon Fiber Market Revenue, By Long Carbon Fiber, 2016 - 2026F |
9.1.3. Middle East Carbon Fiber Market Revenue, By Short Carbon Fiber, 2016 - 2026F |
9.1.4. Middle East Carbon Fiber Market Revenue, By Continous Carbon Fiber, 2016 - 2026F |
10. Saudi Arabia Carbon Fiber Market |
10.1. Saudi Arabia Carbon Fiber Market, By Raw Material Type |
10.2. Saudi Arabia Carbon Fiber Market, By Application |
10.3. Saudi Arabia Carbon Fiber Market, By Form Type |
10.4. Saudi Arabia Carbon Fiber Market, By Product Type |
10.5. Saudi Arabia Carbon Fiber Market, By Regions |
11. UAE Carbon Fiber Market |
11.1. UAE Carbon Fiber Market, By Raw Material Type |
11.2. UAE Carbon Fiber Market, By Application |
11.3. UAE Carbon Fiber Market, By Form Type |
11.4. UAE Carbon Fiber Market, By Product Type |
11.5. UAE Carbon Fiber Market, By Regions |
12. Qatar Carbon Fiber Market |
12.1. Qatar Carbon Fiber Market, By Raw Material Type |
12.2. Qatar Carbon Fiber Market, By Application |
12.3. Qatar Carbon Fiber Market, By Form Type |
12.4. Qatar Carbon Fiber Market, By Product Type |
12.5. Qatar Carbon Fiber Market, By Regions |
13. Bahrain Carbon Fiber Market |
13.1. Bahrain Carbon Fiber Market, By Raw Material Type |
13.2. Bahrain Carbon Fiber Market, By Application |
13.3. Bahrain Carbon Fiber Market, By Form Type |
13.4. Bahrain Carbon Fiber Market, By Product Type |
13.5. Bahrain Carbon Fiber Market, By Regions |
14. Rest of Middle East Carbon Fiber Market |
14.1. Rest of Middle East Carbon Fiber Market Overview |
15. Middle East Carbon Fiber Market Import-Export Trade Statistics |
15.1. Middle East Carbon Fiber Market Export to Major Regions |
15.2. Middle East Carbon Fiber Market Imports from Major Regions |
16. Middle East Carbon Fiber Market Key Performance Indicators |
17. Middle East Carbon Fiber Market - Opportunity Assessment |
17.1. Middle East Carbon Fiber Market Opportunity Assessment, By Raw Material Type, 2019 & 2026F |
17.2. Middle East Carbon Fiber Market Opportunity Assessment, By Application, 2019 & 2026F |
18. Middle East Carbon Fiber Market - Competitive Landscape |
18.1. Middle East Carbon Fiber Market Revenue Share, By Companies, 2019 |
18.2. Middle East Carbon Fiber Market Competitive Benchmarking, By Operating and Technical Parameters |
19. Company Profiles |
20. Recommendations |
21. Disclaimer |