MENA Market Insights on Automotive Composite Materials, 2018-2024: Emphasis on Material Type (Polymer Matrix Composites, Metal Matrix Composites, Ceramic Matrix Composites and Hybrid Composites), Manufacturing Process (Hand Lay up, Compression Molding, Injection Molding, Resin Transfer Molding)
- UNI3007713
- 133 Pages
- September 2018
- Automotive and Transportation
Insights Presented in the Report:
The Middle East and North Africa automotive composites material market is segmented based on different materials such as Polymer Matrix Composite (PMC), Metal Matrix Composite (MMC), Ceramic Matrix Composite (CMC) and Hybrid Composite. Currently, PMCs are the most popular composite type among the automakers, as they have high flexibility, high insulation, lower density and lighter weight than other composite material types. In addition, to get a deep dive analysis of PMC, the segment is further segmented across thermosets and thermoplastics. However, low cost and exceptionally good structural and mechanical properties of hybrid composites are making them an alternative to the single fiber composites. Hence hybrid composites are anticipated to be the fastest growing segment during the forecast period.
The market is further fragmented across different manufacturing processes, which include hand lay-up, compression molding, injection molding, and resin transfer molding (RTM). Injection molding process dominated the market in 2017 and is expected to continue its dominance over the forecast period. On the other hand, RTM will be the fastest growing manufacturing process because of its growing adoption in the auto industry. RTM process is expected to grow at a CAGR of 13.1% during the forecast period (2018-2024).
Based on several application areas in automobiles, Middle East and North Africa, automotive composite materials market is segmented into interior, exterior, chassis, powertrain & under the hood and structural. Among different application areas, exterior segment dominated the market however a gradual increase in the adoption rate of composite materials for vehicle interiors is expected in the coming years.
Middle East and North Africa automotive composite materials market is further segmented on the basis of different vehicle types. This includes performance cars, passenger cars and other (commercial vehicles and others). Passenger cars held the maximum market share in 2017 and they are expected to prevail during the forecast period.
To get a better understanding of MENA automotive composite material market, the region has been further segmented by countries, which include the UAE, Saudi Arabia, Algeria, Kuwait, Egypt, Qatar and rest of MENA. Saudi Arabia held the largest market share in 2017 and the country is expected to remain dominant during the forecast period.
Top Companies in the Composites Market
The major companies that are profiled in the study are BASF SE, DowDupont Inc., Gurit Holding AG, Magna International Inc., Mitsubishi Chemical Holdings Corporation, Owens Corning, SGL Group, Solvay SA, Teijin Limited and Toray Industries Inc.
Reasons to buy the Report:
The study includes market sizing and forecasting analysis validated by authenticated key industry experts
The report presents a quick review of overall industry performance at one glance
The report covers in depth analysis of prominent industry peers with primary focus on key business financials, product portfolio, expansion strategies and recent developments
Detailed examination on drivers, restraints, key trends and opportunities prevailing in the industry.
Examination of industry attractiveness with the help of Porter’s Five Forces analysis
The study comprehensively covers the market across different segments
Deep dive regional level analysis of the industry
Customization Options:
The MENA Automotive Composite Market can be customized to country level or any other market segment. Besides this, UMI understands that you may have your own business need, hence we also provide fully customized solutions to clients.
1.1 Market Definition
1.2 Objective of the Study
1.3 Limitation
1.4 Stakeholders
1.5 Currency used in the Report
2 RESEARCH METHODOLOGY OR ASSUMPTION
2.1 Secondary Data
2.1.1 Key Secondary Sources
2.2 Primary Data
2.2.1 Sampling Techniques & Data Collection Methods
2.2.2 Primary Participants
3 INDUSTRY PERFORMANCE
4 EXECUTIVE SUMMARY
5 MARKET OVERVIEW
5.1 Market Dynamics
5.1.1 Market Trends & Drivers
5.1.1.1 Stringent Government Regulations on GHG emission
5.1.1.2 Increasing Demand of Composites among Hybrid and Electric Vehicles
5.1.1.3 Crashworthiness Capability
5.1.2 Market Restraints
5.1.2.1 High Cost of the Raw Materials
5.1.3 Opportunities
5.1.3.1 Growing Scope of Hybrid Composite Materials
6 BENEFITS OF COMPOSITE MATERIALS
7 MARKET INSIGHTS BY MATERIAL TYPE
7.1 General Overview
7.2 Polymer Matrix Composite (PMC)
7.2.1 Thermoset Matrix
7.2.2 Thermoplastic Matrix
7.3 Metal Matrix Composite (MMC)
7.4 Ceramic Matrix Composite (CMC)
7.5 Hybrid Composites
8 MARKET INSIGHTS BY MANUFACTURING PROCESS
8.1 General Overview
8.2 Hand Lay up
8.3 Compression Molding
8.4 Injection Molding
8.5 Resin Transfer Molding
9 MARKET INSIGHTS BY APPLICATION
9.1 General Overview
9.2 Interior
9.3 Exterior
9.4 Chassis, Powertrain and Under the Hood
9.5 Structural
10 MARKET INSIGHTS BY VEHICLE TYPES
10.1 Overview
10.2 Performance Cars
10.3 Passenger Cars
10.4 Others (Light Commercial Vehicles, Buses, Trucks and Others)
11 MARKET INSIGHTS BY COUNTRY
11.1 General Overview
11.1.1 MENA Automotive Composite Materials Market, by Material Type
11.1.2 MENA Automotive Composite Market, by Manufacturing Process
11.1.3 MENA Automotive Composite Materials Market, by Application
11.1.4 MENA Automotive Composite Materials Market, by Vehicle Type
11.1.5 MENA Automotive Composite Materials Market, by Country
11.1.5.1 The United Arab Emirates Automotive Composite Materials Market
11.1.5.1.1 The UAE Automotive Composite Market, by Material Type
11.1.5.1.2 The UAE Automotive Composite Market, by Manufacturing Process
11.1.5.1.3 The UAE Automotive Composite Market, by Application
11.1.5.1.4 The UAE Automotive Composite Market, by Vehicle Type
11.1.5.2 Saudi Arabia Automotive Composite Materials Market
11.1.5.2.1 KSA Automotive Composite Market, by Material Type
11.1.5.2.2 KSA Automotive Composite Market, by Manufacturing Process
11.1.5.2.3 KSA Automotive Composite Market, by Application
11.1.5.2.4 KSA Automotive Composite Market, by Vehicle Type
11.1.5.3 Algeria Automotive Composite Materials Market
11.1.5.3.1 Algeria Automotive Composite Market, by Material Type
11.1.5.3.2 Algeria Automotive Composite Market, by Manufacturing Process
11.1.5.3.3 Algeria Automotive Composite Market, by Application
11.1.5.3.4 Algeria Automotive Composite Market, by Vehicle Type
11.1.5.4 Kuwait Automotive Composite Materials Market
11.1.5.4.1 Kuwait Automotive Composite Market, by Material Type
11.1.5.4.2 Kuwait Automotive Composite Market, by Manufacturing Process
11.1.5.4.3 Kuwait Automotive Composite Market, by Application
11.1.5.4.4 Kuwait Automotive Composite Market, by Vehicle Type
11.1.5.5 Egypt Automotive Composite Materials Market
11.1.5.5.1 Egypt Automotive Composite Market, by Material Type
11.1.5.5.2 Egypt Automotive Composite Market, by Manufacturing Process
11.1.5.5.3 Egypt Automotive Composite Market, by Application
11.1.5.5.4 Egypt Automotive Composite Market, by Vehicle Type
11.1.5.6 Qatar Automotive Composite Materials Market
11.1.5.6.1 Qatar Automotive Composite Market, by Material Type
11.1.5.6.2 Qatar Automotive Composite Market, by Manufacturing Process
11.1.5.6.3 Qatar Automotive Composite Market, by Application
11.1.5.6.4 Qatar Automotive Composite Market, by Vehicle Type
11.1.5.7 Rest of MENA Automotive Composite Materials Market, by Material Type
11.1.5.7.1 Rest of MENA Automotive Composite Market, by Material Type
11.1.5.7.2 Rest of MENA Automotive Composite market, by Manufacturing Process
11.1.5.7.3 Rest of MENA Automotive Composite Market, by Application
11.1.5.7.4 Rest of MENA Automotive Composite market, by Vehicle Type
12 COMPETITIVE SCENARIO
12.1 MENA Automotive Composite Materials Market Share of Major Players, 2017
13 COMPANY PROFILES
13.1 BASF SE
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Key Product/Services Offerings
13.1.4 SWOT Analysis
13.1.5 Key Financials
13.1.5.1 Revenue Split, by Region
13.1.5.2 Revenue Split, by Business Segment
13.1.6 Recent Developments
13.2 DowDuPont Inc.
13.2.1 Key Facts
13.2.2 Business Description
13.2.3 Key Product/Services Offerings
13.2.4 SWOT Analysis
13.2.5 Key Financials
13.2.5.1 Revenue Split, by Region
13.2.5.2 Revenue Split, by Business Segment
13.2.6 Recent developments
13.3 Gurit Holding AG
13.3.1 Key Facts
13.3.2 Business Description
13.3.3 Key Product/Services Offerings
13.3.4 SWOT Analysis
13.3.5 Key Financials
13.3.5.1 Revenue Split, by Region
13.3.5.2 Revenue Split, by Business Segment
13.3.6 Recent developments
13.4 Magna International Inc.
13.4.1 Key Facts
13.4.2 Business Description
13.4.3 Key Product/Services Offerings
13.4.4 SWOT Analysis
13.4.5 Key Financials
13.4.5.1 Revenue Split, by Region
13.4.5.2 Revenue Split, by Business Segment
13.4.6 Recent developments
13.5 Mitsubishi Chemical Holdings Corporation
13.5.1 Key Facts
13.5.2 Business Description
13.5.3 Key Product/Services Offerings
13.5.4 SWOT Analysis
13.5.5 Key Financials
13.5.5.1 Revenue Split, by Region
13.5.5.2 Revenue Split, by Business Segment
13.5.6 Recent developments
13.6 Owens Corning
13.6.1 Key Facts
13.6.2 Business Description
13.6.3 Key Product/Services Offerings
13.6.4 SWOT Analysis
13.6.5 Key Financials
13.6.5.1 Revenue Split, by Region
13.6.5.2 Revenue Split, by Business Segment
13.6.6 Recent developments
13.7 SGL Group
13.7.1 Key Facts
13.7.2 Business Description
13.7.3 SWOT Analysis
13.7.4 Key Financials
13.7.4.1 Revenue Split, by Region
13.7.4.2 Revenue Split, by Business Segment
13.7.4.3 Revenue of CFM, by Industry
13.7.4.4 Revenue of GMS, by Industry
13.7.5 Recent developments
13.8 Solvay SA
13.8.1 Key Facts
13.8.2 Business Description
13.8.3 Key Product/Services Offerings
13.8.4 SWOT Analysis
13.8.5 Key Financials
13.8.5.1 Revenue Split, by Region
13.8.5.2 Revenue Split, by Business Segment
13.8.1 Recent developments
13.9 Teijin Limited
13.9.1 Key Facts
13.9.2 Business Description
13.9.3 Key Product/Services Offerings
13.9.4 SWOT Analysis
13.9.5 Key Financials
13.9.5.1 Revenue Split, by Region
13.9.5.2 Revenue Split, by Business Segment
13.9.6 Recent developments
13.1 Toray Industries Inc.
13.10.1 Key Facts
13.10.2 Business Description
13.10.3 Key Product/Services Offerings
13.10.4 SWOT Analysis
13.10.5 Key Financials
13.10.5.1 Revenue Split, by Region
13.10.5.2 Revenue Split, by Business Segment
13.10.6 Recent developments
TABLE 1 BASF SE Key Facts
TABLE 2 Products Segmentation of BASF SE
TABLE 3 BASF SE Growth Strategy
TABLE 4 BASF SE Financials, US$ Mn
TABLE 5 DowDuPont Inc. Key Facts
TABLE 6 Products Segmentation of DowDuPont Inc.
TABLE 7 DowDuPont Inc. Growth Strategy
TABLE 8 DowDuPont Inc. Financials, US$ Mn
TABLE 9 Gurit Holding AG Key Facts
TABLE 10 Products Segmentation of Gurit Holding AG
TABLE 11 Gurit Holding AG Growth Strategy
TABLE 12 Gurit Holding AG Financials, US$ Mn
TABLE 13 Magna International Inc. Key Facts
TABLE 14 Products segmentation of Magna International Inc.
TABLE 15 Magna International Inc. Financials, US$ Mn
TABLE 16 Mitsubishi Chemical Holdings Corporation Key Facts
TABLE 17 Products Segmentation of Mitsubishi Chemical Holdings Corporation
TABLE 18 Mitsubishi Chemical Holdings Corporation Financials, US$ Mn
TABLE 19 Owens Corning Key Facts
TABLE 20 Products Segmentation of Owens Corning
TABLE 21 Owens Corning Growth Strategy
TABLE 22 Owens Corning Financials, US$ Mn
TABLE 23 SGL Group Key Facts
TABLE 24 Products Segmentation of SGL Group
TABLE 25 SGL Group, Growth Strategy
TABLE 26 SGL Group Financials, US$ Mn
TABLE 27 Solvay SA Key Facts
TABLE 28 Products Segmentation of Solvay SA
TABLE 29 Solvay SA Growth Strategy
TABLE 30 Solvay SA Financials, US$ Mn
TABLE 31 Teijin Limited Key Facts
TABLE 32 Products Segmentation of Teijin Limited
TABLE 33 Teijin Limited Growth Strategy
TABLE 34 Teijin Limited Financials, US$ Mn
TABLE 35 Toray Industries Inc. Key Facts
TABLE 36 Products Segmentation of Toray Industries Inc.
TABLE 37 Toray Industries Inc. Growth Strategy
TABLE 38 Toray Industries Inc. Financials, US$ Mn
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