Middle East & Africa Laminar Composites Market Size & Outlook
The laminar composites market in Middle East & Africa is expected to reach a projected revenue of US$ 1,115.8 million by 2030. A compound annual growth rate of 3.9% is expected of Middle East & Africa laminar composites market from 2024 to 2030.
Revenue, 2023 (US$M)
$854.1
Forecast, 2030 (US$M)
$1,115.8
CAGR, 2024 - 2030
3.9%
Report Coverage
Middle East & Africa
Middle East & Africa laminar composites market, 2018-2030 (US$M)
MEA laminar composites market highlights
- The MEA laminar composites market generated a revenue of USD 854.1 million in 2023.
- The market is expected to grow at a CAGR of 3.9% from 2024 to 2030.
- In terms of segment, brazing was the largest revenue generating manufacturing process in 2023.
- Brazing is the most lucrative manufacturing process segment registering the fastest growth during the forecast period.
MEA data book summary
| Market revenue in 2023 | USD 854.1 million |
| Market revenue in 2030 | USD 1,115.8 million |
| Growth rate | 3.9% (CAGR from 2023 to 2030) |
| Largest segment | Brazing |
| Fastest growing segment | Brazing |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Brazing |
Other key industry trends
- In terms of revenue, MEA region accounted for 3.2% of the global laminar composites market in 2023.
- Globally, Asia Pacific 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 17,546.8 million by 2030.
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Laminar Composites Market Scope
Laminar composites market segmentation & scope
Application
Automotive
Aerospace
Construction
Electrical & Electronics
Other Applications
Countries
Canada
Mexico
U.S.
UK
Germany
France
Italy
Spain
China
Japan
India
South Korea
Brazil
Saudi Arabia
Laminar Composites Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Middle East & Africa laminar composites market
Related regional statistics
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