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Middle East & Africa Multiaxial Woven Fabrics Market Forecast to 2028 -Regional Analysis by Type (Bidirectional Fabrics, Triaxial Fabrics, Quadraxial Fabrics, and Others) and Application (Construction, Industrial, Military, Consumer Goods, and Others)
Market Report I 2023-05-19 I 90 Pages I The Insight Partners
The Middle East & Africa multiaxial woven fabrics market is expected to grow from US$ 38.37 million in 2022 to US$ 45.39 million by 2028. It is estimated to grow at a CAGR of 2.8% from 2022 to 2028.
Strong Growth of Composites Industry Drive Middle East & Africa Multiaxial Woven Fabrics Market
Multiaxial fabrics are used for the reinforcement of composite materials. Rising demand for high-performance materials with properties such as high strength-to-weight ratio, good tensile strength, electrical conductivity, and others drives the growth of the composites industry. Also, there is a growing demand for composites from various end-use industries such as automotive, sporting goods, marine, construction, and wind energy. In the automotive industry, manufacturers prefer lightweight materials for manufacturing automobiles while ensuring safety and performance. Lightweight materials have excellent potential to increase fuel efficiency. Composites can reduce the weight of automotive components, which increases their use in the automotive sector. There is also a high demand for composites to be used as construction materials in high-performance sports gear due to their lightweight, high strength, freedom of design, and easy processing and forming characteristics. Composites are used in sports gear such as skis, baseball bats, golf clubs, tennis rackets, and bicycle frames. Composites are highly used in the marine industry as they are durable and lightweight. Composites weigh less than traditional marine construction materials, which makes them suitable for use in boat construction. Further, composites are used as reinforcing materials in several wind energy applications. High strength and stiffness, lightweight, design flexibility, and other characteristics of composites make them perfect materials for turbines. Also, composites are increasingly used in blade reinforcements, blade laminates, spar caps, blade root joints, and spacers. Rising use of composites in different end-use industries fuels the growth of the composites industry. Hence, the strong growth of the composites industry is bolstering the Middle East & Africa multiaxial woven fabrics market growth.
Middle East & Africa Multiaxial Woven Fabrics Market Overview
The Middle East & Africa has a massive demand for multiaxial woven fabrics in various countries such as the UAE, South Africa, and Saudi Arabia due to the growing requirement from the civil & marine engineering sectors. The demand for new residential projects has increased owing to a surge in migration from rural to urban areas. The increasing populace is also boosting the construction of residential areas. For instance, according to the United Nations report on Urbanization and Migration in Africa, the urban population of the region has been increasing at a high rate (i.e., from ~27% in 1950 to 40% in 2015) and is expected to reach 60% by 2050. Hence, due to the increasing demand for new construction in the region, the need for multiaxial woven fabrics has also grown. In addition, in automotive industry, multiaxial fabrics are used in manufacturing chassis and body parts. Carbon fiber is one of the most used fiber in manufacturing multiaxial fabrics for the automotive industry as they offer stiffness and low-density properties. This leads to a huge demand for multiaxial fabric in the automotive sector. Thus, the growth in demand for multiaxial fabric is attributed to the rising demand for lightweight vehicles to conserve fuel and enhance efficiency. As per the Organization of the Petroleum Exporting Countries (OPEC), the Middle East & Africa are expected to have 90 million vehicles on the road by 2040, up from 59 million in 2018.
Middle East & Africa Multiaxial Woven Fabrics Market Revenue and Forecast to 2028 (US$ Million)
Middle East & Africa Multiaxial Woven Fabrics Market Segmentation
The Middle East & Africa multiaxial woven fabrics market is segmented into type, application, and country.
Based on type, the Middle East & Africa multiaxial woven fabrics market is segmented into bidirectional fabrics, triaxial fabrics, quadraxial fabrics, and others. In 2022, the quadraxial fabrics segment registered a largest share in the Middle East & Africa multiaxial woven fabrics market.
Based on application, the Middle East & Africa multiaxial woven fabrics market is segmented into construction, industrial, military, consumer goods, and others. In 2022, the industrial segment registered a largest share in the Middle East & Africa multiaxial woven fabrics market.
Based on country, the Middle East & Africa multiaxial woven fabrics market is segmented into South Africa, Saudi Arabia, the UAE, and the Rest of Middle East & Africa. In 2022, Saudi Arabia segment registered a largest share in the Middle East & Africa multiaxial woven fabrics market.
3D Weaving SaRL; Albany International Corp; Parabeam BV; SGL Carbon SE; and Sigmatex (UK) Ltd are the leading companies operating in the Middle East & Africa multiaxial woven fabrics market.
TABLE OF CONTENTS
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 Middle East & Africa Multiaxial Woven Fabrics Market, by Type
1.3.2 Middle East & Africa Multiaxial Woven Fabrics Market, by Application
1.3.3 Middle East & Africa Multiaxial Woven Fabrics Market, by Country
2. Key Takeaways
3. Research Methodology
3.1 Scope of the Study
3.2 Research Methodology
3.2.1 Data Collection:
3.2.2 Primary Interviews:
3.2.3 Hypothesis formulation:
3.2.4 Macro-economic factor analysis:
3.2.5 Developing base number:
3.2.6 Data Triangulation:
3.2.7 Country level data:
4. Middle East & Africa Multiaxial Woven Fabrics Market Landscape
4.1 Market Overview
4.2 Porter's Five Forces Analysis
4.2.1 Threat of New Entrants:
4.2.2 Bargaining Power of Buyers:
4.2.3 Bargaining Power of Suppliers:
4.2.4 Competitive Rivalry:
4.2.5 Threat of Substitutes:
4.3 Ecosystem Analysis
4.3.1 Raw Material Suppliers:
4.3.2 Manufacturers:
4.3.3 Distributors or Suppliers:
4.3.4 End-Use Industries
4.4 Expert Opinions
5. Middle East & Africa Multiaxial Woven Fabrics Market - Key Market Dynamics
5.1 Market Drivers
5.1.1 Strong Growth of Composites Industry
5.1.2 Surging Use of Multiaxial Fabrics in Aerospace Industry
5.2 Market Restraint
5.2.1 High Cost of Establishing and Operating Manufacturing Unit
5.3 Market Opportunity
5.3.1 Increasing Investments in Wind Energy Sector
5.4 Future Trend
5.4.1 Growing Focus of Manufacturers on Adopting Different Strategies
5.5 Impact Analysis
6. Multiaxial Woven Fabrics - Middle East & Africa Market Analysis
6.1 Middle East & Africa Multiaxial Woven Fabrics Market -Revenue and Forecast to 2028 (US$ Million)
7. Middle East & Africa Multiaxial Woven Fabrics Market Analysis - By Type
7.1 Overview
7.2 Middle East & Africa Multiaxial Woven Fabrics Market, By Type (2021 and 2028)
7.3 Bidirectional Fabrics
7.3.1 Overview
7.3.2 Bidirectional Fabrics: Middle East & Africa Multiaxial Woven Fabrics Market - Revenue and Forecast to 2028 (US$ Million)
7.4 Triaxial Fabrics
7.4.1 Overview
7.4.2 Triaxial Fabrics: Middle East & Africa Multiaxial Woven Fabrics Market - Revenue and Forecast to 2028 (US$ Million)
7.5 Quadraxial Fabrics:
7.5.1 Overview
7.5.2 Quadraxial Fabrics: Middle East & Africa Multiaxial Woven Fabrics Market - Revenue and Forecast to 2028 (US$ Million)
7.6 Others
7.6.1 Overview
7.6.2 Others: Middle East & Africa Multiaxial Woven Fabrics Market - Revenue and Forecast to 2028 (US$ Million)
8. Middle East & Africa Multiaxial Woven Fabrics Market Analysis - By Application
8.1 Overview
8.2 Middle East & Africa Multiaxial Woven Fabrics Market, By Application (2021 and 2028)
8.3 Construction
8.3.1 Overview
8.3.2 Construction: Middle East & Africa Multiaxial Woven Fabrics Market- Revenue and Forecast to 2028 (US$ Million)
8.4 Industrial
8.4.1 Overview
8.4.2 Industrial: Middle East & Africa Multiaxial Woven Fabrics Market- Revenue and Forecast to 2028 (US$ Million)
8.5 Military
8.5.1 Overview
8.5.2 Military: Middle East & Africa Multiaxial Woven Fabrics Market- Revenue and Forecast to 2028 (US$ Million)
8.6 Consumer Goods
8.6.1 Overview
8.6.2 Consumer Goods: Middle East & Africa Multiaxial Woven Fabrics Market- Revenue and Forecast to 2028 (US$ Million)
8.7 Others
8.7.1 Overview
8.7.2 Others: Middle East & Africa Multiaxial Woven Fabrics Market- Revenue and Forecast to 2028 (US$ Million)
9. Middle East & Africa Multiaxial Woven Fabrics Market - Country Analysis
9.1 Overview
9.1.2 Middle East & Africa: Multiaxial Woven Fabrics Market, by Key Country
9.1.2.1 South Africa: Multiaxial Woven Fabrics Market -Revenue and Forecast to 2028 (US$ Million)
9.1.2.1.1 South Africa: Multiaxial Woven Fabrics Market, By Type
9.1.2.1.2 South Africa: Multiaxial Woven Fabrics Market, by Application
9.1.2.2 Saudi Arabia: Multiaxial Woven Fabrics Market -Revenue and Forecast to 2028 (US$ Million)
9.1.2.2.1 Saudi Arabia: Multiaxial Woven Fabrics Market, By Type
9.1.2.2.2 Saudi Arabia: Multiaxial woven fabrics Market, by Application
9.1.2.3 UAE: Multiaxial Woven Fabrics Market -Revenue and Forecast to 2028 (US$ Million)
9.1.2.3.1 UAE: Multiaxial Woven Fabrics Market, By Type
9.1.2.3.2 UAE: Multiaxial Woven Fabrics Market, by Application
9.1.2.4 Rest of Middle East & Africa: Multiaxial Woven Fabrics Market -Revenue and Forecast to 2028 (US$ Million)
9.1.2.4.1 Rest of Middle East & Africa: Multiaxial Woven Fabrics Market, by Type
9.1.2.4.2 Rest of Middle East & Africa: Multiaxial Woven Fabrics Market, by Application
10. Industry Landscape
10.1 Overview
10.2 Market Initiative
10.3 Partnership
10.4 New Product Development
11. Company Profiles
11.1 3D Weaving SaRL
11.1.1 Key Facts
11.1.2 Business Description
11.1.3 Products and Services
11.1.4 Financial Overview
11.1.5 SWOT Analysis
11.1.6 Key Developments
11.2 Sigmatex (UK) Ltd
11.2.1 Key Facts
11.2.2 Business Description
11.2.3 Products and Services
11.2.4 Financial Overview
11.2.5 SWOT Analysis
11.2.6 Key Developments
11.3 Albany International Corp
11.3.1 Key Facts
11.3.2 Business Description
11.3.3 Products and Services
11.3.4 Financial Overview
11.3.5 SWOT Analysis
11.3.6 Key Developments
11.4 Parabeam BV
11.4.1 Key Facts
11.4.2 Business Description
11.4.3 Products and Services
11.4.4 Financial Overview
11.4.5 SWOT Analysis
11.4.6 Key Developments
11.5 SGL Carbon SE
11.5.1 Key Facts
11.5.2 Business Description
11.5.3 Products and Services
11.5.4 Financial Overview
11.5.5 SWOT Analysis
11.5.6 Key Developments
12. Appendix
12.1 About The Insight Partners
12.2 Glossary of Terms
LIST OF TABLES
Table 1. Middle East & Africa Multiaxial Woven Fabrics Market -Revenue and Forecast to 2028 (US$ Million)
Table 2. South Africa Multiaxial Woven Fabrics Market, By Type - Revenue and Forecast to 2028 (US$ Million)
Table 3. South Africa Multiaxial Woven Fabrics Market, by Application - Revenue and Forecast to 2028 (US$ Million)
Table 4. Saudi Arabia Multiaxial Woven Fabrics Market, By Type - Revenue and Forecast to 2028 (US$ Million)
Table 5. Saudi Arabia Multiaxial woven fabrics Market, by Application - Revenue and Forecast to 2028 (US$ Million)
Table 6. UAE Multiaxial Woven Fabrics Market, By Type - Revenue and Forecast to 2028 (US$ Million)
Table 7. UAE Multiaxial Woven Fabrics Market, by Application - Revenue and Forecast to 2028 (US$ Million)
Table 8. Rest of Middle East & Africa Multiaxial Woven Fabrics Market, by Type - Revenue and Forecast to 2028 (US$ Million)
Table 9. Rest of Middle East & Africa Multiaxial Woven Fabrics Market, by Application - Revenue and Forecast to 2028 (US$ Million)
Table 10. Glossary of Terms, Middle East & Africa Multiaxial woven fabrics Market
LIST OF FIGURES
Figure 1. Middle East & Africa Multiaxial Woven Fabrics Market Segmentation
Figure 2. Middle East & Africa Multiaxial Woven Fabrics Market Segmentation - By Country
Figure 3. Middle East & Africa Multiaxial Woven Fabrics Market Overview
Figure 4. Middle East & Africa Multiaxial Woven Fabrics Market, By Type
Figure 5. Middle East & Africa Multiaxial Woven Fabrics Market, by Country
Figure 6. Porter's Five Forces Analysis
Figure 7. Ecosystem Analysis: Middle East & Africa Multiaxial Woven Fabrics Market
Figure 8. Expert Opinions
Figure 9. Middle East & Africa Multiaxial Woven Fabrics Market Impact Analysis of Drivers and Restraints
Figure 10. Middle East & Africa Multiaxial Woven Fabrics Market - Revenue and Forecast to 2028 (US$ Million)
Figure 11. Middle East & Africa Multiaxial Woven Fabrics Market Revenue Share, By Type (2021 and 2028)
Figure 12. Bidirectional Fabrics: Middle East & Africa Multiaxial Woven Fabrics Market - Revenue and Forecast To 2028 (US$ Million)
Figure 13. Triaxial Fabrics: Middle East & Africa Multiaxial Woven Fabrics Market - Revenue and Forecast To 2028 (US$ Million)
Figure 14. Quadraxial Fabrics: Middle East & Africa Multiaxial Woven Fabrics Market - Revenue and Forecast To 2028 (US$ Million)
Figure 15. Others: Middle East & Africa Multiaxial Woven Fabrics Market - Revenue and Forecast To 2028 (US$ Million)
Figure 16. Middle East & Africa Multiaxial Woven Fabrics Market Revenue Share, By Application (2021 and 2028)
Figure 17. Construction: Middle East & Africa Multiaxial Woven Fabrics Market- Revenue and Forecast To 2028 (US$ Million)
Figure 18. Industrial: Middle East & Africa Multiaxial Woven Fabrics Market- Revenue and Forecast To 2028 (US$ Million)
Figure 19. Military: Middle East & Africa Multiaxial Woven Fabrics Market- Revenue and Forecast To 2028 (US$ Million)
Figure 20. Consumer Goods: Middle East & Africa Multiaxial Woven Fabrics Market- Revenue and Forecast To 2028 (US$ Million)
Figure 21. Others: Middle East & Africa Multiaxial Woven Fabrics Market- Revenue and Forecast To 2028 (US$ Million)
Figure 22. Middle East & Africa: Multiaxial Woven Fabrics Market, by Key Country - Revenue (2021) (US$ Million)
Figure 23. Middle East & Africa: Multiaxial Woven Fabrics Market Revenue Share, by Key Country (2021 and 2028)
Figure 24. South Africa: Multiaxial Woven Fabrics Market -Revenue and Forecast to 2028 (US$ Million)
Figure 25. Saudi Arabia: Multiaxial Woven Fabrics Market -Revenue and Forecast to 2028 (US$ Million)
Figure 26. UAE: Multiaxial Woven Fabrics Market -Revenue and Forecast to 2028 (US$ Million)
Figure 27. Rest of Middle East & Africa: Multiaxial Woven Fabrics Market -Revenue and Forecast to 2028 (US$ Million)
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