GVR Report cover Middle East Carbon Thermoplastic Composites Market Size, Share & Trends Report

Middle East Carbon Thermoplastic Composites Market (2025 - 2033) Size, Share & Trends Analysis Report By Material (PAN, Pitch), By Application (Automotive, Aerospace & Defense, Wind Turbines, Construction, Sports Equipment, Marine), By Country, And Segment Forecasts

Middle East Carbon Thermoplastic Composites Market Summary

The Middle East carbon thermoplastic composites market size was estimated at USD 31.6 thousand in 2024 and is projected to reach USD 60.0 thousand by 2033, growing at a CAGR of 7.4% from 2025 to 2033. The growing demand for lightweight and high-performance materials in the automotive and aerospace sectors is a primary driver of growth for the carbon thermoplastic composites (CTC) market in the Middle East.

Key Market Trends & Insights

  • By raw material, the PAN segment is expected to grow at fastest CAGR of 7.6% over the forecast period.
  • By application, the automotive segment is expected to grow at CAGR of 7.9% over the forecast period.
  • Egypt is expected to grow at the fastest CAGR of 7.9% over the forecast period.

Market Size & Forecast

  • 2024 Market Size: USD 31.6 Thousand
  • 2033 Projected Market Size: USD 60.0 Thousand
  • CAGR (2025-2033): 7.4%
  • Egypt: Fastest growing market


These composites offer superior strength-to-weight ratios, corrosion resistance, and thermal stability, making them ideal for use in next-generation transportation systems. Regional governments are promoting local manufacturing and attracting foreign direct investment (FDI) in automotive and aviation industries. These sectors increasingly seek innovative materials to meet fuel efficiency and emission reduction targets. Consequently, the use of CTCs is rising as a strategic component in regional industrial advancement.

Infrastructure development and mega construction projects across the Gulf Cooperation Council (GCC) are fueling demand for advanced building materials, including carbon thermoplastic composites. CTCs are being adopted in bridge reinforcements, structural panels, and prefabricated components due to their durability and low maintenance. Iconic developments such as NEOM in Saudi Arabia and Lusail City in Qatar incorporate advanced materials for sustainability and longevity. In addition, public and private investments in smart and green infrastructure have led to growing interest in composites that offer environmental and structural advantages. These materials align with long-term national visions for sustainable development.

Middle East carbon thermoplastic composites market size and growth forecast (2023-2033)

The renewable energy sector is emerging as another major consumer of carbon thermoplastic composites in the Middle East. Wind turbine blades, solar panel supports, and other structural components benefit from the lightweight and resilient nature of CTCs. Countries like the UAE and Saudi Arabia are rapidly scaling up renewable capacity, with solar and wind energy projects requiring durable, high-performance materials. These trends are creating consistent demand for composite materials that can withstand harsh desert climates. The shift toward cleaner energy sources not only drives material innovation but also expands the end-use scope of CTCs in energy infrastructure.

Market Concentration & Characteristics

The carbon thermoplastic composites market in the Middle East is moderately fragmented but shows increasing concentration due to the emergence of strategic joint ventures and specialized material manufacturers. The degree of innovation is high, driven by research institutions and government-funded programs that support advanced material science. While full-scale mergers remain limited, partnerships between international composite firms and regional manufacturers are increasing. These collaborations aim to localize production and reduce dependence on imports. Investment zones and free trade agreements further support the development of a competitive yet increasingly integrated market landscape.

Middle East Carbon Thermoplastic Composites Industry Dynamics

Regulatory frameworks in the region are evolving to support the use of advanced composites in construction, transportation, and energy. Standards for fire resistance, structural performance, and recyclability are being aligned with international benchmarks, which promotes broader adoption. Traditional substitutes like steel and aluminum remain in use, but their higher weight and maintenance costs make them less competitive in innovation-driven sectors. The market also exhibits moderate end user concentration, particularly in aerospace, defense, and infrastructure, where a few large government-led organizations dictate material specifications and purchasing behavior. This dynamic influences the scale and direction of market growth.

Application Insights

The aerospace & defense segment dominated the market and accounted for the largest revenue share of 44.0% in 2024. As countries like Saudi Arabia and the UAE continue to expand their military and aviation capabilities, lightweight and high-strength materials have become essential. Thermoplastic composites reduce overall aircraft weight, improving fuel efficiency and performance - a critical factor in both commercial and defense aviation. Local partnerships with global aerospace firms and increased investment in domestic production capacity are accelerating adoption. In addition, regional ambitions to localize defense manufacturing align with the integration of composite technologies. This sector's growth is a major catalyst for innovation in the composite materials market.

The automotive segment is expected to grow at CAGR of 7.9% over the forecast period. Lightweight composites help reduce vehicle mass, directly supporting fuel efficiency and extended battery range in EVs. As regional automakers and global manufacturers establish production bases or partnerships, demand for advanced materials is expanding. Governments are also implementing policies to diversify economies and develop local automotive ecosystems, which encourages the use of cutting-edge materials. The combination of performance benefits and regulatory momentum makes thermoplastic composites increasingly valuable. As innovation and production scale up, the automotive sector will remain a key growth engine.

Raw Material Insights

The PAN segment dominated the market and accounted for the largest revenue share of 96.0% in 2024, driven by its superior mechanical strength and thermal stability. Polyacrylonitrile (PAN) is widely used in high-performance carbon fiber production, making it ideal for industries demanding durability and weight reduction. The regional construction of advanced processing facilities and increased importation of raw materials are supporting local production. Moreover, government-led infrastructure projects and a growing emphasis on high-end industrial applications are boosting demand.

Middle East Carbon Thermoplastic Composites Market Share

The pitch segment is expected to grow significantly at CAGR of 0.5% over the forecast period. Pitch-derived fibers offer exceptional thermal conductivity and stiffness, making them suitable for specialized uses in electronics, satellites, and aerospace components. Regional research initiatives, often backed by partnerships with international universities, are exploring new processing techniques for pitch carbon fibers. The increasing importance of thermal management in high-tech sectors supports the gradual growth of this segment. Moreover, government interest in expanding technological capabilities beyond oil further drives innovation. While still developing, the pitch segment is positioned for steady, targeted growth.

Country Insights

Saudi Arabia Carbon Thermoplastic Composites Market Trends

The carbon thermoplastic composites industry in Saudi Arabia, is driven by the push toward industrial diversification and localization under Vision 2030, which is a key driver of the CTC market. The government is investing in defense, automotive, and renewable energy sectors, all of which benefit from high-performance composite materials. Moreover, smart city projects like NEOM demand sustainable and lightweight materials for infrastructure. Local manufacturing capabilities are being expanded through partnerships with international firms. The kingdom also supports academic R&D to innovate in thermoplastic processing technologies, positioning itself as a regional hub for composite development.

UAE Carbon Thermoplastic Composites Market Trends

The UAE’s carbon thermoplastic composites industry is witnessing increasing demand primarily driven by its advanced aerospace, automotive, and green construction initiatives. With companies like Strata Manufacturing leading in aerospace parts, there is a growing need for lightweight and durable components. In the building sector, the push for energy-efficient, LEED-certified structures promotes the use of high-performance composites. Government support for innovation through national strategies and free zones fosters R&D and commercialization. The UAE's emphasis on clean energy infrastructure also increases the usage of CTCs in wind and solar components.

Egypt Carbon Thermoplastic Composites Market Trends

The carbon thermoplastic composites industry in Egypt is supported by a growing industrial base and infrastructure modernization efforts. Major road, rail, and housing projects benefit from composite materials that offer durability and lower lifecycle costs. The country’s increasing focus on localizing automotive and construction component manufacturing opens opportunities for CTCs. Academic institutions and R&D centers are beginning to collaborate with industry players to develop regionally suitable composites. Government incentives for investment in high-tech materials manufacturing add momentum to this developing market segment.

Qatar Carbon Thermoplastic Composites Market Trends

Qatar’s carbon thermoplastic composites industry is driven by the country’s investment in sustainable infrastructure, especially in preparation for long-term urban development post-World Cup. The country emphasizes lightweight, corrosion-resistant materials for use in construction, transportation, and energy projects. Qatar Science and Technology Park and other innovation hubs are supporting research in advanced composites. In energy, CTCs are used for pipeline reinforcement and renewable applications. High government spending on innovation, coupled with a demand for high-end materials, is propelling composite adoption.

Kuwait Carbon Thermoplastic Composites Market Trends

The carbon thermoplastic composites industry in Kuwait is driven by the focus on modernizing industrial and defense sectors, which is pushing demand for carbon thermoplastic composites. The oil and gas industry uses these materials for pipe linings, structural reinforcements, and safety systems requiring chemical resistance. Kuwait’s infrastructure development plan also includes high-performance materials for bridges and public transportation systems. The government is encouraging technical research through institutions like KISR, aiming to reduce import dependency. Demand is further supported by efforts to incorporate sustainable and low-maintenance materials in public sector projects.

Key Middle East Carbon Thermoplastic Composites Company Insights

Some of the key players operating in the market include Strata Manufacturing and SABIC

  • Strata, based in the UAE, specializes in aerospace-grade carbon thermoplastic components used in aircraft interiors and structural parts. The company works closely with global aerospace firms to supply lightweight, high-strength composite parts that meet stringent aviation standards.

  • SABIC is a regional leader in polymer-based composites, offering carbon fiber-reinforced thermoplastics for automotive, consumer electronics, and construction industries. Its materials enhance mechanical performance, recyclability, and lightweighting, aligned with sustainability goals.

Saudi Aramco and Advanced Materials Company (AMC) are some of the emerging market participants in the Middle East market.  

  • Saudi Aramco utilizes carbon thermoplastic composites in energy infrastructure, particularly for pipelines, tanks, and corrosion-resistant coatings. Its R&D focuses on enhancing the durability and chemical resistance of composites in harsh operational environments.

  • AMC in Saudi Arabia produces carbon fiber thermoplastics for industrial and defense uses. Their product portfolio includes prepregs and reinforced sheets designed for structural and ballistic applications, supported by in-house material testing and development labs.

Key Middle East Carbon Thermoplastic Composites Companies:

  • Strata Manufacturing
  • SABIC
  • Saudi Aramco
  • Advanced Materials Company (AMC)
  • Kuwait Institute for Scientific Research (KISR)
  • Qatar Advanced Manufacturing (QAM)
  • Composite Industries LLC
  • Masdar

Middle East Carbon Thermoplastic Composites Market Report Scope

Report Attribute

Details

Market size value in 2025

USD 34.0 thousand

Revenue forecast in 2033

USD 60.0 thousand

Growth rate

CAGR of 7.4% from 2025 to 2033

Base year for estimation

2024

Historical data

2021 - 2023

Forecast period

2025 - 2033

Quantitative units

Volume in Tons, Revenue in USD Thousand, and CAGR from 2025 to 2033

Report coverage

Revenue & volume forecast, company ranking, competitive landscape, growth factors, and trends

Segments covered

Raw material, application, country

Regional scope

Middle East

Country scope

Saudi Arabia; UAE; Qatar; Egypt; Kuwait

Key companies profiled

Strata Manufacturing; SABIC; Saudi Aramco; Advanced Materials Company (AMC); Kuwait Institute for Scientific Research (KISR); Qatar Advanced Manufacturing (QAM); Composite Industries LLC; Masdar

Customization scope

Free report customization (equivalent up to 8 analysts’ working days) with purchase. Addition or alteration to country, regional & segment scope.

Pricing and purchase options

Avail customized purchase options to meet your exact research needs. Explore purchase options

Middle East Carbon Thermoplastic Composites Market Report Segmentation

This report forecasts revenue & volume growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2021 to 2033. For this study, Grand View Research has segmented the Middle East carbon thermoplastic composites market report based on raw material, application, and country:

  • Raw Material Outlook (Volume, Tons; Revenue, USD Thousand, 2021 - 2033)

    • PAN

    • Pitch

  • Application Outlook (Volume, Tons; Revenue, USD Thousand, 2021 - 2033)

    • Aerospace & Defense

    • Automotive

    • Wind Turbines

    • Sports Equipment

    • Construction

    • Marine

    • Other Applications

  • Regional Outlook (Volume, Tons; Revenue, USD Thousand; 2021 - 2033)

    • Middle East

      • Saudi Arabia

      • UAE

      • Egypt

      • Qatar

      • Kuwait

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