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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Grand View Research. (December 30, 2021). Market value of composites in the United States from 2013 to 2019 (in billion U.S. dollars) [Graph]. In Statista. Retrieved December 21, 2024, from https://www.statista.com/statistics/945003/us-composites-market-size/
Grand View Research. "Market value of composites in the United States from 2013 to 2019 (in billion U.S. dollars)." Chart. December 30, 2021. Statista. Accessed December 21, 2024. https://www.statista.com/statistics/945003/us-composites-market-size/
Grand View Research. (2021). Market value of composites in the United States from 2013 to 2019 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: December 21, 2024. https://www.statista.com/statistics/945003/us-composites-market-size/
Grand View Research. "Market Value of Composites in The United States from 2013 to 2019 (in Billion U.S. Dollars)." Statista, Statista Inc., 30 Dec 2021, https://www.statista.com/statistics/945003/us-composites-market-size/
Grand View Research, Market value of composites in the United States from 2013 to 2019 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/945003/us-composites-market-size/ (last visited December 21, 2024)
Market value of composites in the United States from 2013 to 2019 (in billion U.S. dollars) [Graph], Grand View Research, December 30, 2021. [Online]. Available: https://www.statista.com/statistics/945003/us-composites-market-size/
