A detailed competitive and opportunity analyses related to automotive lightweight material market will help companies and investors design strategic landscapes. Horizon Databook has segmented the Middle East & Africa automotive lightweight material market based on metals, composites, plastics, elastomers covering the revenue growth of each sub-segment from 2018 to 2030. The growth in car sales in GCC countries in 2019, is expected to drive the demand for automotive lightweight materials. However, the sales dropped slightly in Qatar and UAE, thus limiting the market growth. Furthermore, the market growth in African countries is also expected to low, owing to instability in economic systems.

Source: The North Africa Journal October 09, 2024 13:24 UTC