The Middle East & Africa tow prepregs market is expected to grow from US$ 36.89 million in 2020 to US$ 80.31 million by 2028; it is estimated to grow at a CAGR of 10.2% from 2020 to 2028.
The Middle East & Africa includes countries such as South Africa, UAE, Saudi Arabia, and the Rest of the Middle East and Africa. The region is expected to witness a rapid increase in commercialization and industrialization, which would further boost the varied industrial sectors. The government has recently undertaken various steps to shift the focus of the economic growth to other manufacturing sectors, including automotive, electrical, and other industries. Supported by the government, Dubai has developed industrial hubs in this region. The key motive of the industrial hub is to attract manufacturers looking to set up new plants. According to the UAE’s Department of Economic Development (DED), the manufacturing industry accounts for 80 percent of Dubai’s non-oil trade, which makes it the second-largest contributor to the UAE economy. The government is looking forward to investing large amounts in the building and construction industry.
In case of COVID-19, the Middle East & Africa, especially South Africa, witnessed an unprecedented rise in number of coronavirus cases, which led to the discontinuation of tow prepregs manufacturing activities. Downfall in other chemical and materials manufacturing sector has subsequently impacted the demand for tow prepregs during the early months of 2020. Moreover, decline in the overall fabric and resin manufacturing activities has led to discontinuation of tow prepregs manufacturing projects, thereby reducing the demand for tow prepregs. Similar trend was witnessed in other Middle East & African countries such as Turkey, Iran, the UAE, and Saudi Arabia. However, the countries are likely to overcome this drop in demand with the economic activities regaining their pace, especially in the beginning of 2021.

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Middle East & Africa Tow Prepregs Market Segmentation
Middle East & Africa Tow Prepregs Market – By Fiber Type
- Carbon
- Glass
- Others
Middle East & Africa Tow Prepregs Market – By Resin Type
- Epoxy
- Phenolic
- Others
Middle East & Africa Tow Prepregs Market – By End-Use Industry
- Aerospace and Defense
- Automotive and Transportation
- Sports and Recreational
- Oil and Gas
- Others
Middle East & Africa Tow Prepregs Market – By Country
- South Africa
- Saudi Arabia
- UAE
- Rest of Middle East & Africa
Middle East & Africa Tow Prepregs Report Scope
Report Attribute | Details |
---|---|
Market size in 2020 | US$ 36.89 Million |
Market Size by 2028 | US$ 80.31 Million |
Global CAGR (2020 - 2028) | 10.2% |
Historical Data | 2018-2019 |
Forecast period | 2021-2028 |
Segments Covered |
By Fiber Type
|
Regions and Countries Covered | Middle East and Africa
|
Market leaders and key company profiles |
- Historical Analysis (2 Years), Base Year, Forecast (7 Years) with CAGR
- PEST and SWOT Analysis
- Market Size Value / Volume - Global, Regional, Country
- Industry and Competitive Landscape
- Excel Dataset



Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends

Segment Covered
Fiber Type, Resin Type, End-Use Industry

Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America

Country Scope
Saudi Arabia
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