U.S. composites market size 2013-2019

Published by Statista Research Department, May 24, 2023
The market value of composites in the United States amounted to more than 14 billion U.S. dollars in 2019. That was an increase of more than five 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.

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

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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.

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