Middle East & Africa Aerostructure Materials Market Size & Outlook
The aerostructure materials market in Middle East & Africa is expected to reach a projected revenue of US$ 9,778.1 million by 2030. A compound annual growth rate of 7.1% is expected of Middle East & Africa aerostructure materials market from 2024 to 2030.
Revenue, 2023 (US$M)
$6,048.5
Forecast, 2030 (US$M)
$9,778.1
CAGR, 2024 - 2030
7.1%
Report Coverage
Middle East & Africa
Middle East & Africa aerostructure materials market, 2018-2030 (US$M)
Related Markets
MEA aerostructure materials market highlights
- The MEA aerostructure materials market generated a revenue of USD 6,048.5 million in 2023.
- The market is expected to grow at a CAGR of 7.1% from 2024 to 2030.
- In terms of segment, composites was the largest revenue generating material in 2023.
- Composites is the most lucrative material segment registering the fastest growth during the forecast period.
MEA data book summary
| Market revenue in 2023 | USD 6,048.5 million |
| Market revenue in 2030 | USD 9,778.1 million |
| Growth rate | 7.1% (CAGR from 2023 to 2030) |
| Largest segment | Composites |
| Fastest growing segment | Composites |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Composites |
Other key industry trends
- In terms of revenue, MEA region accounted for 7.3% of the global aerostructure materials market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 27,969.9 million by 2030.
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Aerostructure Materials Market Scope
Aerostructure materials market segmentation & scope
End Use
Commercial
Military
Unmanned Aerial Vehicles
Business & General Aviation
Advanced Air Mobility
Aerostructure Materials Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Middle East & Africa aerostructure materials market
Middle East & Africa Aerostructure Materials Market Outlook Share, 2023 & 2030 (US$M)
Middle East & Africa aerostructure materials market
Related regional statistics
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