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Middle East & Africa Natural Fiber Composites Market Forecast to 2028- COVID-19 Impact and Regional Analysis- by Raw Material (Wood, Cotton, Flax, Kenaf, Hemp, and Others), Technology (Injection Molding, Compression Molding, Pultrusion, and Others), and End User (Automotive & Aerospace, Building & Construction, Electrical & Electronics, Sporting Goods, and Others)
Market Report I 2023-08-22 I 118 Pages I The Insight Partners
The Middle East & Africa natural fiber composites market is expected to grow from US$ 136.39 million in 2022 to US$ 166.69 million by 2028. It is estimated to grow at a CAGR of 3.4% from 2022 to 2028.
Increasing Demand for Natural Fiber Composites from Automotive Industry Fuels Middle East & Africa Natural Fiber Composites Market
Advanced materials are crucial for boosting the fuel economy of modern automobiles while ensuring safety and performance. Substituting cast iron and traditional steel components with lightweight materials such as high-strength natural fiber composites reduces the weight of a vehicle body and chassis, thereby reducing the fuel consumption of a vehicle. Moreover, natural fiber composites are suitable for the manufacturing of nonstructural interior components, seat backs, headliners, interior panels, and dashboards.
The utilization of natural fiber-reinforced composites is increasing in automotive applications due to legislation and regulations forcing manufacturers to use sustainable and recycled materials to manufacture fuel-efficient and lightweight vehicles. Moreover, several automotive manufacturers use natural fiber composites for interior and exterior applications. In 2020, Dr. Ing. h.c. F. Porsche AG launched Porsche 718 Cayman GT4 Clubsport MR, featuring a car body kit made of natural fiber composite materials made from farmed flax fibers. This natural fiber composite is used to develop front and rear aprons; front spoilers; front and rear lids; mudguards; and diffusers, including aerodynamic fins. In 2022, Mercedes-Benz Group and its development partners, HWA AG and Bcomp Ltd, developed front bumpers engineered from natural fiber composite for Mercedes-AMG GT4 race cars. In 2022, Bayerische Motoren Werke AG and Bcomp Ltd formed a development alliance to utilize renewable raw materials for vehicle components. Furthermore, Bcomp Ltd developed powerRibs and ampliTex reinforcement solutions made from natural composite materials. These solutions have been used in DTM touring cars from BMW M Motorsport to substitute selected carbon fiber-reinforced plastic components. Therefore, the increasing use of natural fiber composites in the automotive industry drives the market growth. Also, the rising adoption of electric vehicles (EVs) drives the Middle East & Africa natural fiber composites market.
Middle East & Africa Natural Fiber Composites Market Overview
The natural fiber composites market in the Middle East & Africa is segmented into South Africa, Saudi Arabia, the UAE, and the Rest of Middle East & Africa. The construction of commercial infrastructure has upsurged in the region due to the growing tourism industry and the rising immigrant population. The natural fiber composites market in the Middle East & Africa is expected to grow at a significant rate over the coming years due to advancements in construction activities and infrastructure developments funded and supported by government initiatives. In ten years, the UAE government has invested extensively in airport developments and expansion projects, namely US$ 8.1 billion in Al Maktoum International Airport in Dubai, US$ 7.6 billion in the Dubai International Airport Expansion Phase 4, US$ 6.8 billion in Abu Dhabi Airport development and expansion plans, and around US$ 400 million in Sharjah's International Airport terminal expansion. Thus, the growing construction industry is projected to drive the natural fiber composites market in the Middle East & Africa during the forecast period.
Middle East & Africa Natural Fiber Composites Market Revenue and Forecast to 2028 (US$ Million)
Middle East & Africa Natural Fiber Composites Market Segmentation
The Middle East & Africa natural fiber composites market is segmented into raw material, technology, end user, and country
Based on raw material, the Middle East & Africa natural fiber composites market is segmented into wood, cotton, flax, kenaf, hemp, and others. The wood segment held the largest share of the Middle East & Africa natural fiber composites market in 2022.
Based on technology, the Middle East & Africa natural fiber composites market is segmented into injection molding, compression molding, pultrusion, and others. The others segment held the largest share of the Middle East & Africa natural fiber composites market in 2022.
Based on end user, the Middle East & Africa natural fiber composites market is segmented into automotive & aerospace, building & construction, electrical & electronics, sporting goods, and others. The automotive & aerospace segment held the largest share of the Middle East & Africa natural fiber composites market in 2022.
Based on country, the Middle East & Africa natural fiber composites market is segmented into South Africa, Saudi Arabia, the UAE, and the Rest of Middle East & Africa. Saudi Arabi dominated the share of the Middle East & Africa natural fiber composites market in 2022.
Amorim Cork Composites S.A.; Lanxess AG; TECNARO GMBH; and UPM-Kymmene Corp are the leading companies operating in the Middle East & Africa natural fiber composites 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 Natural Fiber Composites Market, by Raw Material
1.3.2 Middle East & Africa Natural Fiber Composites Market, by Technology
1.3.3 Middle East & Africa Natural Fiber Composites Market, by End User
1.3.4 Middle East & Africa Natural Fiber Composites 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 Natural Fiber Composites 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 Intensity of Competitive Rivalry:
4.2.5 Threat of Substitutes:
4.3 Ecosystem Analysis
4.3.1 Raw Material Suppliers:
4.3.2 Natural Fiber Composites' Manufacturing Process:
4.3.3 Distributors or Suppliers:
4.3.4 End Users
4.4 Expert Opinion
5. Middle East & Africa Natural Fiber Composites Market - Key Market Dynamics
5.1 Market Drivers
5.1.1 Increasing Demand for Natural Fiber Composites from Automotive Industry
5.1.2 Growing Focus on Eco-Friendly and Sustainable Products
5.2 Market Restraints
5.2.1 Hygroscopicity of Natural Fiber Composites
5.3 Market Opportunities
5.3.1 Applications of Natural Fiber Composites in Sporting Goods Applications
5.4 Future Trends
5.4.1 Development of Natural/Synthetic Fiber-Based Hybrid Composites
5.5 Impact Analysis
6. Natural Fiber Composites - Middle East & Africa Market Analysis
6.1 Middle East & Africa Natural Fiber Composites Market Overview
6.2 Middle East & Africa Natural Fiber Composites Market -Volume and Forecast to 2028 (Kilo Tons)
6.3 Middle East & Africa Natural Fiber Composites Market -Revenue and Forecast to 2028 (US$ Million)
7. Middle East & Africa Natural Fiber Composites Market Analysis - By Raw Material
7.1 Overview
7.2 Middle East & Africa Natural Fiber Composites Market, By Raw Material (2021 and 2028)
7.3 Wood
7.3.1 Overview
7.3.2 Wood: Middle East & Africa Natural Fiber Composites Market - Volume and Forecast to 2028 (Kilo Tons)
7.3.3 Wood: Middle East & Africa Natural Fiber Composites Market - Revenue and Forecast to 2028 (US$ Million)
7.4 Cotton
7.4.1 Overview
7.4.2 Cotton: Middle East & Africa Natural Fiber Composites Market - Volume and Forecast to 2028 (Kilo Tons)
7.4.3 Cotton: Middle East & Africa Natural Fiber Composites Market - Revenue and Forecast to 2028 (US$ Million)
7.5 Flax
7.5.1 Overview
7.5.2 Flax: Middle East & Africa Natural Fiber Composites Market - Volume and Forecast to 2028 (Kilo Tons)
7.5.3 Flax: Middle East & Africa Natural Fiber Composites Market - Revenue and Forecast to 2028 (US$ Million)
7.6 Kenaf
7.6.1 Overview
7.6.2 Kenaf: Middle East & Africa Natural Fiber Composites Market - Volume and Forecast to 2028 (Kilo Tons)
7.6.3 Kenaf: Middle East & Africa Natural Fiber Composites Market - Revenue and Forecast to 2028 (US$ Million)
7.7 Hemp
7.7.1 Overview
7.7.2 Hemp: Middle East & Africa Natural Fiber Composites Market - Volume and Forecast to 2028 (Kilo Tons)
7.7.3 Hemp: Middle East & Africa Natural Fiber Composites Market - Revenue and Forecast to 2028 (US$ Million)
7.8 Others
7.8.1 Overview
7.8.2 Others: Middle East & Africa Natural Fiber Composites Market - Volume and Forecast to 2028 (Kilo Tons)
7.8.3 Others: Middle East & Africa Natural Fiber Composites Market - Revenue and Forecast to 2028 (US$ Million)
8. Middle East & Africa Natural Fiber Composites Market Analysis - By Technology
8.1 Overview
8.2 Middle East & Africa Natural Fiber Composites Market, By Technology (2021 and 2028)
8.3 Injection Molding
8.3.1 Overview
8.3.2 Injection Molding: Middle East & Africa Natural Fiber Composites Market - Revenue and Forecast to 2028 (US$ Million)
8.4 Compression Molding
8.4.1 Overview
8.4.2 Compression Molding: Middle East & Africa Natural Fiber Composites Market - Revenue and Forecast to 2028 (US$ Million)
8.5 Pultrusion
8.5.1 Overview
8.5.2 Pultrusion: Middle East & Africa Natural Fiber Composites Market - Revenue and Forecast to 2028 (US$ Million)
8.6 Others
8.6.1 Overview
8.6.2 Others: Middle East & Africa Natural Fiber Composites Market - Revenue and Forecast to 2028 (US$ Million)
9. Middle East & Africa Natural Fiber Composites Market Analysis - By End User
9.1 Overview
9.2 Middle East & Africa Natural Fiber Composites Market, By End User (2021 and 2028)
9.3 Automotive & Aerospace
9.3.1 Overview
9.3.2 Automotive & Aerospace: Middle East & Africa Natural Fiber Composites Market - Revenue and Forecast to 2028 (US$ Million)
9.4 Building & Construction
9.4.1 Overview
9.4.2 Building & Construction: Middle East & Africa Natural Fiber Composites Market - Revenue and Forecast to 2028 (US$ Million)
9.5 Electrical & Electronics
9.5.1 Overview
9.5.2 Electrical & Electronics: Middle East & Africa Natural Fiber Composites Market - Revenue and Forecast to 2028 (US$ Million)
9.6 Sporting Goods
9.6.1 Overview
9.6.2 Sporting Goods: Middle East & Africa Natural Fiber Composites Market - Revenue and Forecast to 2028 (US$ Million)
9.7 Others
9.7.1 Overview
9.7.2 Others: Middle East & Africa Natural Fiber Composites Market - Revenue and Forecast to 2028 (US$ Million)
10. Middle East & Africa Natural Fiber Composites Market - Country Analysis
10.1 Overview
10.1.1 Middle East & Africa Natural Fiber Composites Market, by Key Country
10.1.1.1 South Africa: Middle East & Africa Natural Fiber Composites Market -Volume and Forecast to 2028 (Kilo Tons)
10.1.1.2 South Africa: Middle East & Africa Natural Fiber Composites Market -Revenue and Forecast to 2028 (US$ Million)
10.1.1.2.1 South Africa: Middle East & Africa Natural Fiber Composites Market, by Raw Material
10.1.1.2.2 South Africa: Middle East & Africa Natural Fiber Composites Market, by Raw Material
10.1.1.2.3 South Africa: Middle East & Africa Natural Fiber Composites Market, by Technology
10.1.1.2.4 South Africa: Middle East & Africa Natural Fiber Composites Market, by End User
10.1.1.3 Saudi Arabia: Middle East & Africa Natural Fiber Composites Market -Volume and Forecast to 2028 (Kilo Tons)
10.1.1.4 Saudi Arabia: Middle East & Africa Natural Fiber Composites Market -Revenue and Forecast to 2028 (US$ Million)
10.1.1.4.1 Saudi Arabia: Middle East & Africa Natural Fiber Composites Market, by Raw Material
10.1.1.4.2 Saudi Arabia: Middle East & Africa Natural Fiber Composites Market, by Raw Material
10.1.1.4.3 Saudi Arabia: Middle East & Africa Natural Fiber Composites Market, by Technology
10.1.1.4.4 Saudi Arabia: Middle East & Africa Natural Fiber Composites Market, by End User
10.1.1.5 UAE: Middle East & Africa Natural Fiber Composites Market -Volume and Forecast to 2028 (Kilo Tons)
10.1.1.6 UAE: Middle East & Africa Natural Fiber Composites Market -Revenue and Forecast to 2028 (US$ Million)
10.1.1.6.1 UAE: Middle East & Africa Natural Fiber Composites Market, by Raw Material
10.1.1.6.2 UAE: Middle East & Africa Natural Fiber Composites Market, by Raw Material
10.1.1.6.3 UAE: Middle East & Africa Natural Fiber Composites Market, by Technology
10.1.1.6.4 UAE: Middle East & Africa Natural Fiber Composites Market, by End User
10.1.1.7 Rest of MEA: Middle East & Africa Natural Fiber Composites Market -Volume and Forecast to 2028 (Kilo Tons)
10.1.1.8 Rest of MEA: Middle East & Africa Natural Fiber Composites Market -Revenue and Forecast to 2028 (US$ Million)
10.1.1.8.1 Rest of MEA: Middle East & Africa Natural Fiber Composites Market, by Raw Material
10.1.1.8.2 Rest of MEA: Middle East & Africa Natural Fiber Composites Market, by Raw Material
10.1.1.8.3 Rest of MEA: Middle East & Africa Natural Fiber Composites Market, by Technology
10.1.1.8.4 Rest of MEA: Middle East & Africa Natural Fiber Composites Market, by End User
11. Industry Landscape
11.1 Overview
11.2 Market Initiative
11.3 New Product Development
12. Company Profiles
12.1 UPM-Kymmene Corp
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 Lanxess AG
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 Amorim Cork Composites SA
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 TECNARO GMBH
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
13. Appendix
13.1 About The Insight Partners
13.2 Glossary of Terms
LIST OF TABLES
Table 1. Middle East & Africa Natural Fiber Composites Market -Volume and Forecast to 2028 (Kilo Tons)
Table 2. Middle East & Africa Natural Fiber Composites Market -Revenue and Forecast to 2028 (US$ Million)
Table 3. South Africa: Middle East & Africa Natural Fiber Composites Market, by Raw Material - Volume and Forecast to 2028 (Kilo Tons)
Table 4. South Africa: Middle East & Africa Natural Fiber Composites Market, by Raw Material - Revenue and Forecast to 2028 (US$ Million)
Table 5. South Africa: Middle East & Africa Natural Fiber Composites Market, by Technology - Revenue and Forecast to 2028 (US$ Million)
Table 6. South Africa: Middle East & Africa Natural Fiber Composites Market, by End User - Revenue and Forecast to 2028 (US$ Million)
Table 7. Saudi Arabia: Middle East & Africa Natural Fiber Composites Market, by Raw Material - Volume and Forecast to 2028 (Kilo Tons)
Table 8. Saudi Arabia: Middle East & Africa Natural Fiber Composites Market, by Raw Material - Revenue and Forecast to 2028 (US$ Million)
Table 9. Saudi Arabia: Middle East & Africa Natural Fiber Composites Market, by Technology - Revenue and Forecast to 2028 (US$ Million)
Table 10. Saudi Arabia: Middle East & Africa Natural Fiber Composites Market, by End User - Revenue and Forecast to 2028 (US$ Million)
Table 11. UAE: Middle East & Africa Natural Fiber Composites Market, by Raw Material - Volume and Forecast to 2028 (Kilo Tons)
Table 12. UAE: Middle East & Africa Natural Fiber Composites Market, by Raw Material - Revenue and Forecast to 2028 (US$ Million)
Table 13. UAE: Middle East & Africa Natural Fiber Composites Market, by Technology - Revenue and Forecast to 2028 (US$ Million)
Table 14. UAE: Middle East & Africa Natural Fiber Composites Market, by End User - Revenue and Forecast to 2028 (US$ Million)
Table 15. Rest of MEA: Middle East & Africa Natural Fiber Composites Market, by Raw Material - Volume and Forecast to 2028 (Kilo Tons)
Table 16. Rest of MEA: Middle East & Africa Natural Fiber Composites Market, by Raw Material - Revenue and Forecast to 2028 (US$ Million)
Table 17. Rest of MEA: Middle East & Africa Natural Fiber Composites Market, by Technology - Revenue and Forecast to 2028 (US$ Million)
Table 18. Rest of MEA: Middle East & Africa Natural Fiber Composites Market, by End User - Revenue and Forecast to 2028 (US$ Million)
Table 19. Glossary of Terms, Middle East & Africa Natural Fiber Composites Market
LIST OF FIGURES
Figure 1. Middle East & Africa Natural Fiber Composites Market Segmentation
Figure 2. Middle East & Africa Natural Fiber Composites Market Segmentation - By Country
Figure 3. Middle East & Africa Natural Fiber Composites Market Overview
Figure 4. Middle East & Africa Natural Fiber Composites Market, By Raw Material
Figure 5. Middle East & Africa Natural Fiber Composites Market, by Country
Figure 6. Porter's Five Forces Analysis
Figure 7. Ecosystem: Middle East & Africa Natural Fiber Composites Market
Figure 8. Expert Opinion
Figure 9. Middle East & Africa Natural Fiber Composites Market Impact Analysis of Drivers and Restraints
Figure 10. Middle East & Africa Natural Fiber Composites Market - Volume and Forecast to 2028 (Kilo Tons)
Figure 11. Middle East & Africa Natural Fiber Composites Market - Revenue and Forecast to 2028 (US$ Million)
Figure 12. Middle East & Africa Natural Fiber Composites Market Revenue Share, By Raw Material (2021 and 2028)
Figure 13. Wood: Middle East & Africa Natural Fiber Composites Market - Volume and Forecast To 2028 (Kilo Tons)
Figure 14. Wood: Middle East & Africa Natural Fiber Composites Market - Revenue and Forecast To 2028 (US$ Million)
Figure 15. Cotton : Middle East & Africa Natural Fiber Composites Market - Volume and Forecast To 2028 (Kilo Tons)
Figure 16. Cotton : Middle East & Africa Natural Fiber Composites Market - Revenue and Forecast To 2028 (US$ Million)
Figure 17. Flax: Middle East & Africa Natural Fiber Composites Market - Volume and Forecast To 2028 (Kilo Tons)
Figure 18. Flax: Middle East & Africa Natural Fiber Composites Market - Revenue and Forecast To 2028 (US$ Million)
Figure 19. Kenaf: Middle East & Africa Natural Fiber Composites Market - Volume and Forecast To 2028 (Kilo Tons)
Figure 20. Kenaf: Middle East & Africa Natural Fiber Composites Market - Revenue and Forecast To 2028 (US$ Million)
Figure 21. Hemp: Middle East & Africa Natural Fiber Composites Market - Volume and Forecast To 2028 (Kilo Tons)
Figure 22. Hemp Middle East & Africa Natural Fiber Composites Market - Revenue and Forecast To 2028 (US$ Million)
Figure 23. Others: Middle East & Africa Natural Fiber Composites Market - Volume and Forecast To 2028 (Kilo Tons)
Figure 24. Others: Middle East & Africa Natural Fiber Composites Market - Revenue and Forecast To 2028 (US$ Million)
Figure 25. Middle East & Africa Natural Fiber Composites Market Revenue Share, By Technology (2021 and 2028)
Figure 26. Injection Molding: Middle East & Africa Natural Fiber Composites Market - Revenue and Forecast To 2028 (US$ Million)
Figure 27. Compression Molding: Middle East & Africa Natural Fiber Composites Market - Revenue and Forecast To 2028 (US$ Million)
Figure 28. Pultrusion: Middle East & Africa Natural Fiber Composites Market - Revenue and Forecast To 2028 (US$ Million)
Figure 29. Others: Middle East & Africa Natural Fiber Composites Market - Revenue and Forecast To 2028 (US$ Million)
Figure 30. Middle East & Africa Natural Fiber Composites Market Revenue Share, By End User (2021 and 2028)
Figure 31. Automotive & Aerospace: Middle East & Africa Natural Fiber Composites Market - Revenue and Forecast To 2028 (US$ Million)
Figure 32. Building & Construction: Middle East & Africa Natural Fiber Composites Market - Revenue and Forecast To 2028 (US$ Million)
Figure 33. Electrical & Electronics: Middle East & Africa Natural Fiber Composites Market - Revenue and Forecast To 2028 (US$ Million)
Figure 34. Sporting Goods: Middle East & Africa Natural Fiber Composites Market - Revenue and Forecast To 2028 (US$ Million)
Figure 35. Others: Middle East & Africa Natural Fiber Composites Market - Revenue and Forecast To 2028 (US$ Million)
Figure 36. Middle East & Africa Natural Fiber Composites Market, by Key Country- Revenue (2021) (US$ Million)
Figure 37. Middle East & Africa Natural Fiber Composites Market Revenue Share, by Key Country (2021 and 2028)
Figure 38. South Africa: Middle East & Africa Natural Fiber Composites Market -Volume and Forecast to 2028 (Kilo Tons)
Figure 39. South Africa: Middle East & Africa Natural Fiber Composites Market -Revenue and Forecast to 2028 (US$ Million)
Figure 40. Saudi Arabia: Middle East & Africa Natural Fiber Composites Market -Volume and Forecast to 2028 (Kilo Tons)
Figure 41. Saudi Arabia: Middle East & Africa Natural Fiber Composites Market -Revenue and Forecast to 2028 (US$ Million)
Figure 42. UAE: Middle East & Africa Natural Fiber Composites Market -Volume and Forecast to 2028 (Kilo Tons)
Figure 43. UAE: Middle East & Africa Natural Fiber Composites Market -Revenue and Forecast to 2028 (US$ Million)
Figure 44. Rest of MEA: Middle East & Africa Natural Fiber Composites Market -Volume and Forecast to 2028 (Kilo Tons)
Figure 45. Rest of MEA: Middle East & Africa Natural Fiber Composites Market -Revenue and Forecast to 2028 (US$ Million)
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