Middle East Carbon Fiber Tows Market Research Report 2024-2030

The Middle East Carbon Fiber Tows market size was valued at US$ 68.3 million in 2024 and is projected to reach US$ 98.5 million by 2030, at a CAGR of 6.3% during the forecast period 2024-2030.

Carbon Fiber Tows are bundles of continuous carbon fibers, typically containing thousands of individual filaments, used in the production of high-performance composites for aerospace, automotive, and industrial applications.

The Middle East Carbon Fiber Tows market is experiencing solid growth, driven by increasing adoption in lightweight materials for aerospace and renewable energy sectors. In 2023, total consumption reached 1,800 metric tons, with aerospace applications accounting for 40% of market value. The market saw a 15% increase in demand for large tow carbon fibers (>24K) in 2023, particularly for wind turbine blade manufacturing. Adoption in automotive composites is growing at 10% annually, albeit from a smaller base. The industry is witnessing a trend towards cost-effective production methods, with a 20% year-over-year increase in the use of alternative precursors. Key manufacturers are focusing on developing high-modulus, low-weight tows, resulting in a 25% improvement in specific stiffness for new grades. The market is also seeing increased interest in recycled carbon fiber tows, with a 30% rise in research projects exploring efficient recycling and reuse technologies.

Report Includes

This report is an essential reference for who looks for detailed information on Middle East Carbon Fiber Tows. The report covers data on Middle East markets including historical and future trends for supply, market size, prices, trading, competition and value chain as well as Middle East major vendors¡¯ information. In addition to the data part, the report also provides overview of Carbon Fiber Tows, including classification, application, manufacturing technology, industry chain analysis and latest market dynamics. Finally, a customization report in order to meet user's requirements is also available.

This report aims to provide a comprehensive presentation of the Middle East Carbon Fiber Tows, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Carbon Fiber Tows. This report contains market size and forecasts of Carbon Fiber Tows in Middle East, including the following market information:

We surveyed the Carbon Fiber Tows manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

by Country

•    Saudi Arabia

•    United Arab Emirates (UAE)

•    Qatar

•    Kuwait

•    Oman

•    Bahrain

•    Israel

by Products type:

•    PAN Based Carbon Fiber

•    Pitch Based Carbon Fiber

by Application:

•    Aerospace

•    Commercial

•    Defense

•    Infrastructure

•    Others

key players include: (At least 8-10 companies included)

•    Saudi Basic Industries Corporation (SABIC)

•    Toray Industries Inc.

•    Solvay

•    Hexcel Corporation

•    Mitsubishi Chemical Corporation

•    Teijin Limited

•    Hyosung Advanced Materials

•    Kordsa Teknik Tekstil

•    Plasan Carbon Composites

•    Formosa Plastics Corporation

Including or excluding key companies relevant to your analysis.

Competitor Analysis

The report also provides analysis of leading market participants including:

•    Key companies Carbon Fiber Tows revenues in Middle East market, 2019-2024 (Estimated), ($ millions)

•    Key companies Carbon Fiber Tows revenues share in Middle East market, 2023 (%)

•    Key companies Carbon Fiber Tows sales in Middle East market, 2019-2024 (Estimated),

•    Key companies Carbon Fiber Tows sales share in Middle East market, 2023 (%)

Key Points of this Report:

•    The depth industry chain includes analysis value chain analysis, porter five forces model analysis and cost structure analysis

•    The report covers Middle East and country-wise market of Carbon Fiber Tows

•    It describes present situation, historical background and future forecast

•    Comprehensive data showing Carbon Fiber Tows capacities, production, consumption, trade statistics, and prices in the recent years are provided

•    The report indicates a wealth of information on Carbon Fiber Tows manufacturers

•    Carbon Fiber Tows forecast for next five years, including market volumes and prices is also provided

•    Raw Material Supply and Downstream Consumer Information is also included

•    Any other user's requirements which is feasible for us

Reasons to Purchase this Report:

•    Analyzing the outlook of the market with the recent trends and SWOT analysis

•    Market dynamics scenario, along with growth opportunities of the market in the years to come

•    Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and non-economic aspects

•    Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.

•    Market value (USD Million) and volume (Units Million) data for each segment and sub-segment

•    Distribution Channel sales Analysis by Value

•    Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years

•    Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players

•    1-year analyst support, along with the data support in excel format.

Table of Content:

1 Market Overview    

1.1 Product Overview and Scope of Carbon Fiber Tows 

1.2 Segment by Type    

1.2.1 Middle East Market Size YoY Growth Rate Analysis by Type: 2023 VS 2030    

1.2.2 PAN Based Carbon Fiber    

1.2.3 Pitch Based Carbon Fiber

1.3 Segment by Application  

1.3.1 Middle East Market Size YoY Growth Rate Analysis by Application: 2023 VS 2030    

1.3.2    Aerospace

1.3.3    Commercial

1.3.4    Defense

1.3.5    Infrastructure

1.3.6    Others

1.4 Middle East Market Growth Prospects    

1.4.1 Middle East Revenue Estimates and Forecasts (2019-2030)    

1.4.2 Middle East Production Estimates and Forecasts (2019-2030)  

2 Middle East Growth Trends    

2.1 Industry Trends    

2.1.1 SWOT Analysis    

2.1.2 PESTEL Analysis    

2.1.3 Porter’s Five Forces Analysis    

2.2 Potential Market and Growth Potential Analysis    

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