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Market value of composites in the United States from 2013 to 2019 (in billion U.S. dollars)

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Source

Release date

December 2021

Region

United States

Survey time period

2013 to 2019

Supplementary notes

This statistic has been assembled using several editions of the press release from the source.

Citation formats

U.S. composites market size 2013-2019

Published by
Doris Dokua Sasu,
Dec 30, 2021

The market value of composites in the United States amounted to more than ** billion U.S. dollars in 2019. That was an increase of more than **** billion U.S. dollars compared to the 2013 U.S. market value of composites.

Composite materials have a high strength-to-weight ratio and are in high demand from the automotive industry for lightweighting purposes because of this.

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