Saudi Arabia Hybrid Composites Market Size & Outlook

The hybrid composites market in Saudi Arabia is expected to reach a projected revenue of US$ 35.0 million by 2027. A compound annual growth rate of 14.8% is expected of Saudi Arabia hybrid composites market from 2020 to 2027.
Revenue, 2019 (US$M)
$11.6
Forecast, 2027 (US$M)
$35.0
CAGR, 2020 - 2027
14.8%
Report Coverage
Saudi Arabia

Saudi Arabia hybrid composites market highlights

  • The Saudi Arabia hybrid composites market generated a revenue of USD 11.6 million in 2019 and is expected to reach USD 35.0 million by 2027.
  • The Saudi Arabia market is expected to grow at a CAGR of 14.8% from 2020 to 2027.
  • In terms of segment, carbon/glass was the largest revenue generating fiber type in 2019.
  • Carbon/Glass is the most lucrative fiber type segment registering the fastest growth during the forecast period.

Hybrid composites market data book summary

Market revenue in 2019USD 11.6 million
Market revenue in 2027USD 35.0 million
Growth rate14.8% (CAGR from 2019 to 2027)
Largest segmentCarbon/glass
Fastest growing segmentCarbon/Glass
Historical data2016 - 2018
Base year2019
Forecast period2020 - 2027
Quantitative unitsRevenue in USD million
Market segmentationCarbon/Glass, Carbon/Aramid, HMPP, UHMWPE
Key market players worldwideTeijin Ltd, DSM, Hexcel Corp, Solvay SA

Other key industry trends

  • In terms of revenue, Saudi Arabia accounted for 2.2% of the global hybrid composites market in 2019.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2027.
  • In Middle East & Africa, Saudi Arabia hybrid composites market is projected to lead the regional market in terms of revenue in 2027.
  • Saudi Arabia is the fastest growing regional market in Middle East & Africa and is projected to reach USD 35.0 million by 2027.

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Hybrid Composites Market Companies

Name Profile # Employees HQ Website

Saudi Arabia hybrid composites market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to hybrid composites market will help companies and investors design strategic landscapes.


Carbon/glass was the largest segment with a revenue share of 37.93% in 2019. Horizon Databook has segmented the Saudi Arabia hybrid composites market based on carbon/glass, carbon/aramid, hmpp, uhmwpe covering the revenue growth of each sub-segment from 2016 to 2027.


  • Saudi Arabia Hybrid Composites Fiber Type Outlook (Revenue, USD Million, 2016-2027)
    • Carbon/Glass
    • Carbon/Aramid
    • HMPP
    • UHMWPE
    • Others
  • Saudi Arabia Hybrid Composites Resin Type Outlook (Revenue, USD Million, 2016-2027)
    • Thermoset
    • Thermoplastic
  • Saudi Arabia Hybrid Composites End-Use Outlook (Revenue, USD Million, 2016-2027)
    • Automotive & Transportation
    • Aerospace & Defense
    • Wind Energy
    • Marine
    • Sporting Goods
    • Others

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Target buyers of Saudi Arabia hybrid composites market databook

  • Our clientele includes a mix of hybrid composites market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the Saudi Arabia hybrid composites market , including forecasts for subscribers. This country databook contains high-level insights into Saudi Arabia hybrid composites market from 2016 to 2027, including revenue numbers, major trends, and company profiles.

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Saudi Arabia hybrid composites market size, by fiber type, 2016-2027 (US$M)

Saudi Arabia Hybrid Composites Market Outlook Share, 2019 & 2027 (US$M)

Saudi Arabia hybrid composites market size, by fiber type, 2016-2027 (US$M)

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