The Africa Automotive Composites Market size is expected to reach US$ 152.22 million by 2031 from US$ 78.79 million in 2024. The market is estimated to record a CAGR of 10.2% from 2025 to 2031.

Executive Summary and Africa Automotive Composites Market Analysis

The African automotive composites sector is currently undergoing a period of significant growth, primarily fueled by an increasing consumer preference for vehicles exhibiting reduced weight, enhanced durability, and improved fuel economy. Automotive manufacturers across the region are progressively integrating composite materials, including fiberglass, carbon fiber, and natural fiber options, into their production lines to align with evolving global sustainability standards. The increasing focus on electric vehicles (EVs) and the urgent need to reduce carbon emissions are key factors driving the adoption of advanced materials. Composites offer considerable weight reduction capabilities, which directly translate to enhanced energy efficiency in vehicles. This trend is expected to gain further traction as environmentally conscious policies and practices are increasingly implemented by governments and businesses throughout Africa.

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Africa Automotive Composites Market Outlook

The continent is witnessing an increase in the establishment of manufacturing facilities by various companies in key African markets such as South Africa, Nigeria, Egypt, and Morocco. South Africa has established itself as a leading automotive hub, attracting international automakers and fostering the growth of local production. This development has led to a greater demand for high-performance materials, including composites, to support the vehicle manufacturing process. Furthermore, the expanding middle-class population and a rising consumer demand for affordable yet high-quality vehicles are prompting automakers to utilize composites to enhance both the performance characteristics and the visual appeal of their products.

Africa Automotive Composites Market Country Insights

South Africa's automotive composites market is growing as the country's automotive industry increasingly adopts advanced materials to enhance vehicle performance, reduce weight, and improve fuel efficiency. Composites such as fiberglass, carbon fiber, and natural fibers are becoming more common in vehicle manufacturing, driven by the demand for more sustainable and efficient transportation solutions. According to the International Trade Administration, the total vehicle production in South Africa increased from 446,210 units in 2020 to 510,000 units in 2022. South Africa launched the South Africa Automotive Masterplan (SAAM) 2021–2035 in 2021, aimed at producing 1.4 million vehicles, representing 1% of global vehicle production per annum by 2035. The country's seven original equipment manufacturers (OEMs) in the automotive sector invested ~US$ 460 million in 2021. South Africa's well-established automotive sector, which includes major global automakers, is shifting toward EVs, further boosting the use of lightweight materials. As the market for environmentally friendly vehicles expands, South Africa's automotive composites industry is poised to grow, supporting domestic and export demands.

Africa Automotive Composites Market Segmentation

Africa Automotive Composites Market: By Fiber Type

  • Glass Fiber Composites
  • Carbon Fiber Composites

Africa Automotive Composites Market: By Resin Type

  • Thermoset
  • Thermoplastics

Africa Automotive Composites Market: By Technology

  • Pultrusion
  • Injection Molding
  • Compression Molding

Africa Automotive Composites Market: By Vehicle Type

  • Passenger Cars
  • Commercial Vehicles
  • Two Wheelers

Africa Automotive Composites Market: Regions and Countries Covered 

  • Africa
  • South Africa
  • Egypt
  • Algeria
  • Nigeria

Africa Automotive Composites Market: Market leaders and key company profiles        

  • Gurit Holdings AG
  • Hexcel Corp
  • Mitsubhishi Chemical Group
  • SGL Carbon SE
  • Solvay SA
  • Teijin Ltd
  • DuPont de Numours Inc
  • Toray Industries
  • Atlas Fibre
  • Elaghmore Advisor LLP

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