Construction industry composite materials had a market value of nearly ** billion U.S. dollars in 2023, making it the largest composite materials segment based on market value in the world. Transportation industry composites had the second largest market value at that time, at nearly ** billion U.S. dollars.
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Lucintel. (May 30, 2024). Market value of composite materials worldwide in 2023, by segment (in billion U.S. dollars) [Graph]. In ÌÇÐÄÆÆ½â°æ. Retrieved July 18, 2026, from /statistics/1607624/global-composite-materials-market-value-by-segment/
Lucintel. "Market value of composite materials worldwide in 2023, by segment (in billion U.S. dollars)." Chart. May 30, 2024. ÌÇÐÄÆÆ½â°æ. Accessed July 18, 2026. /statistics/1607624/global-composite-materials-market-value-by-segment/
Lucintel. (2024). Market value of composite materials worldwide in 2023, by segment (in billion U.S. dollars). ÌÇÐÄÆÆ½â°æ. ÌÇÐÄÆÆ½â°æ Inc.. Accessed: July 18, 2026. /statistics/1607624/global-composite-materials-market-value-by-segment/
Lucintel. "Market Value of Composite Materials Worldwide in 2023, by Segment (in Billion U.S. Dollars)." ÌÇÐÄÆÆ½â°æ, ÌÇÐÄÆÆ½â°æ Inc., 30 May 2024, /statistics/1607624/global-composite-materials-market-value-by-segment/
Lucintel, Market value of composite materials worldwide in 2023, by segment (in billion U.S. dollars) ÌÇÐÄÆÆ½â°æ, /statistics/1607624/global-composite-materials-market-value-by-segment/ (last visited July 18, 2026)
Market value of composite materials worldwide in 2023, by segment (in billion U.S. dollars) [Graph], Lucintel, May 30, 2024. [Online]. Available: /statistics/1607624/global-composite-materials-market-value-by-segment/