Global composites market value 2015-2024

This statistic shows the market value of composite materials worldwide in 2015 and 2017, with a forecasted figure for 2024. It is forecasted that the global market size for composites will amount to 130.83 billion U.S. dollars in 2024.

Market value of composite materials worldwide from 2015 to 2024

Market value in billion U.S. dollars
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Source

Release date

July 2018

Region

Worldwide

Survey time period

2015 and 2017

Supplementary notes

* Forecast based on an anticipated compound annual growth rate of 7.8 percent from 2015-2024.
The 2024 forecast value was taken from a report summary published by Grand View Research in 2018.
The figure for 2015 is from a previous edition of the press release.

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Statistics on "Composite materials industry"

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