In 2018, the global automotive composites market was pegged at approximately eight billion U.S. dollars and is slated to reach some 18 billion U.S. dollars by 2025. This market is largely driven by automotive lightweighting and electrification.
Global automotive composites material market size in 2018 and 2025
(in billion U.S. dollars)
Characteristic
Market size in billion U.S. dollars
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MarketWatch. (July 4, 2019). Global automotive composites material market size in 2018 and 2025 (in billion U.S. dollars) [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/658766/size-of-the-global-automotive-composites-market/
MarketWatch. "Global automotive composites material market size in 2018 and 2025 (in billion U.S. dollars)." Chart. July 4, 2019. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/658766/size-of-the-global-automotive-composites-market/
MarketWatch. (2019). Global automotive composites material market size in 2018 and 2025 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/658766/size-of-the-global-automotive-composites-market/
MarketWatch. "Global Automotive Composites Material Market Size in 2018 and 2025 (in Billion U.S. Dollars)." Statista, Statista Inc., 4 Jul 2019, https://www.statista.com/statistics/658766/size-of-the-global-automotive-composites-market/
MarketWatch, Global automotive composites material market size in 2018 and 2025 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/658766/size-of-the-global-automotive-composites-market/ (last visited July 22, 2024)
Global automotive composites material market size in 2018 and 2025 (in billion U.S. dollars) [Graph], MarketWatch, July 4, 2019. [Online]. Available: https://www.statista.com/statistics/658766/size-of-the-global-automotive-composites-market/