PUBLISHER: Grand View Research | PRODUCT CODE: 1842017
PUBLISHER: Grand View Research | PRODUCT CODE: 1842017
The Middle East carbon thermoplastic composites market size was estimated at USD 31.6 thousand in 2024 and is projected to reach USD 60.0 thousand by 2033, growing at a CAGR of 7.4% from 2025 to 2033. The growing demand for lightweight and high-performance materials in the automotive and aerospace sectors is a primary driver of growth for the carbon thermoplastic composites (CTC) market in the Middle East.
These composites offer superior strength-to-weight ratios, corrosion resistance, and thermal stability, making them ideal for use in next-generation transportation systems. Regional governments are promoting local manufacturing and attracting foreign direct investment (FDI) in automotive and aviation industries. These sectors increasingly seek innovative materials to meet fuel efficiency and emission reduction targets. Consequently, the use of CTCs is rising as a strategic component in regional industrial advancement.
Infrastructure development and mega construction projects across the Gulf Cooperation Council (GCC) are fueling demand for advanced building materials, including carbon thermoplastic composites. CTCs are being adopted in bridge reinforcements, structural panels, and prefabricated components due to their durability and low maintenance. Iconic developments such as NEOM in Saudi Arabia and Lusail City in Qatar incorporate advanced materials for sustainability and longevity. In addition, public and private investments in smart and green infrastructure have led to growing interest in composites that offer environmental and structural advantages. These materials align with long-term national visions for sustainable development.
The renewable energy sector is emerging as another major consumer of carbon thermoplastic composites in the Middle East. Wind turbine blades, solar panel supports, and other structural components benefit from the lightweight and resilient nature of CTCs. Countries like the UAE and Saudi Arabia are rapidly scaling up renewable capacity, with solar and wind energy projects requiring durable, high-performance materials. These trends are creating consistent demand for composite materials that can withstand harsh desert climates. The shift toward cleaner energy sources not only drives material innovation but also expands the end-use scope of CTCs in energy infrastructure.
Middle East Carbon Thermoplastic Composites Market Report Segmentation
This report forecasts revenue & volume growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2021 to 2033. For this study, Grand View Research has segmented the Middle East carbon thermoplastic composites market report based on raw material, application, and country: