GCC Automotive Composites Market Opportunities, Statistics, Size, Share, Competitive Landscape with Forecast (2025-2031)

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 GCC (Gulf Cooperation Council) automotive composites market is undergoing a phase of rapid expansion, driven by the region's strategic focus on diversifying its industrial base, embracing technological
advancements, and prioritizing sustainability within the automotive sector. Lightweight composite materials, most notably carbon fiber, fiberglass, and advanced polymer composites, are gaining significant traction across GCC nations such as the UAE, Saudi Arabia, and Qatar. These materials are being increasingly
integrated into the manufacturing of automotive components to achieve reductions in vehicle weight, improvements in fuel efficiency, and enhancements in overall vehicle performance. The escalating demand for automotive composites within the GCC is closely linked to the automotive industry's ongoing transition towards electric vehicles (EVs) and fuel-efficient automobiles, aligning with global sustainability trends and the region's growing commitment to lowering carbon emissions. Consequently, with increasing investments
directed towards the EV sector and expanding automotive production capacities throughout the region, the demand for automotive composites has witnessed a substantial upsurge.

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GCC Automotive Composites Market Outlook

The escalating costs associated with fuel and the increasing awareness of the environmental repercussions of conventional gasoline-powered vehicles have catalyzed a global shift towards alternative fuel vehicles.
Consumers are exhibiting a growing preference for battery-powered and hybrid vehicles, thereby fueling the demand for electric vehicles. Data from the International Energy Agency's annual Global Electric Vehicle Outlook indicates that worldwide sales of electric cars surpassed 10 million units in 2022, with projections forecasting a further 35% increase in 2023, reaching 14 million. As the automotive industry undergoes a profound transformation towards electric vehicles (EVs), the significance of composite materials has become increasingly critical. The GCC's strategic positioning as a key player in the global oil and gas industry has facilitated the advancement of sophisticated composite technologies, leveraging regional expertise in resin manufacturing and materials science. Moreover, with sustainability gaining increasing prominence in both regional and international automotive markets, the demand for environmentally friendly, recyclable, and bio-based composites is on the rise. The incorporation of these materials into vehicle production aligns with governmental initiatives aimed at promoting cleaner, more sustainable transportation solutions. As the region continues its focus on diversification and innovation, the GCC automotive composites market is projected to maintain a steady growth trajectory, driven by technological progress, supportive regulatory frameworks, and the increasing consumer demand for environmentally responsible automotive solutions.

GCC Automotive Composites Market Segmentation

GCC Automotive Composites Market: By Fiber Type

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Glass Fiber Composites

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Carbon Fiber Composites

GCC Automotive Composites Market: By Resin Type

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Thermoset

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Thermoplastics

GCC Automotive Composites Market: By Technology

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Pultrusion

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Injection Molding

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Compression Molding

GCC Automotive Composites Market: By Vehicle Type

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Passenger Cars

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Commercial Vehicles

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Two Wheelers

GCC Automotive Composites Market: Regions and Countries Covered    

GCC

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Bahrain

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Kuwait

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Oman

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Qatar

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Saudi Arabia

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United Arab Emirates

GCC Automotive Composites Market: Market leaders and key company profiles

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Gurit Holdings AG

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Hexcel Corp

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Mitsubhishi Chemical Group

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SGL Carbon SE

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Solvay SA

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Teijin Ltd

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DuPont de Numours Inc

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Toray Industries

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Atlas Fibre

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Elaghmore Advisor LLP

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