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Middle East and Africa Carbon Fiber Prepreg Market Report Description: Middle East and Africa carbon fiber prepreg market report gives comprehensive outlook on carbon fiber prepreg across the globe with special emphasis on key countries such as South Africa, Gulf Corporation Council Countries (GCC), and the Rest of MEA. The report on Middle East and Africa carbon fiber prepreg market gives historical, current, and future market sizes (US$ Mn) on the basis of resin type, manufacturing process, and end-use industry. This report studies Middle East and Africa carbon fiber prepreg market dynamics elaborately to identify the current trends & drivers, future opportunities and possible challenges to the key stakeholders operating in the market. In addition, Middle East and Africa carbon fiber prepreg market report includes human demographics; regulatory scenario, and competition analysis with vividly illustrated the competition dashboard to assess the market competition. Moreover, PBI analyzed Middle East and Africa carbon fiber prepreg market to better equip clients with possible investment opportunities across the regions (regional Investment Hot-Spots) and market unmet needs (Product Opportunities). Key stakeholders of the Middle East and Africa carbon fiber prepreg market report include suppliers, manufacturers, marketers, policy makers, and healthcare service providers engaged in Middle East and Africa carbon fiber prepreg products. Middle East and Africa Carbon Fiber Prepreg Market: The Middle East and Africa carbon fiber prepreg market estimated to be valued US$ XX Mn in 2018 and poised to grow at significant CAGR over 2019-2025. The market is growing due to its increasing demand from aerospace & defense, automotive, and wind energy industries. Growing demand for light and durable materials for the manufacture of aerospace components is expected to have a positive impact on the industry growth over the next eight years. The rapidly growing need for lightweight materials for the manufacture of sports equipment for improved performance is expected to be one of the major driving force for prepreg over the forecast period. Nonetheless, high cost associated with the product as compared to its alternatives such as aluminum is anticipated to hinder the product demand. Growing Demand from Aerospace and Defense Industry Aerospace and defense industry is expected to hold a significant share in the market in terms of revenue. Rising product use in the manufacturing of numerous aerospace parts including cargo and passenger floor panels, air ducts, ceiling panels, lavatories, overhead compartments, cabin linings, bars, seats, fins & winglets, and brackets on account of their lightweight nature is expected to fuel demand over the forecast period. The demand for carbon fiber prepreg in wind energy is expected to be the the second-leading application segment with an overall share of XX% in 2015. Prepreg is widely used in manufacturing various components of wind turbines, owing to their high strength and fatigue resistance. The wind energy sector requires turbines long, light and durable blades to improve efficiency. Increasing use of the material in wind turbines is expected to drive the segment growth over the next few years. UAE Accounts for Larger Market Revenue Share in Middle East and Africa Carbon Fiber Prepreg Market The market for Middle East and Africa is expected to expand at a relatively lower CAGR over the forecast period. UAE holds a major share of the carbon fiber prepreg market. The growing use of carbon fiber prepreg in the manufacturing of combat, commercial and transport aircrafts is further fuelling the market growth in the region. Stringent regulations regarding fuel economy and emission standards is likely to drive the carbon fiber prepreg market. Competition Assessment Key player’s profiles in the Middle East and Africa carbon fiber prepreg market include:
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2021 is the base year and 2028 is the forecast year.
The report covers the five regions and 15+ countries market data: North America (United States, Canada), Europe (Germany, France, Italy, Spain, and United Kingdom (UK), Asia Pacific (China, India, Japan, Australia & New Zealand), Latin America (Brazil, Mexico, Argentina) and Middle East and Africa (Saudi Arabia, United Arab Emirates, South Africa).
In our report, we provide 12-15 market players’ information into the report. However, based on the client’s request we will provide additional country and regional market players information as well.