Calculation of the modal and damping characteristics necessary to eliminate resonant oscillation of products made of polymeric materials requires reliable data on the elastic characteristics of the material. The problem is that the mechanical properties of polymer composite materials depend on a large number of factors. The aim of the work is to determine the damping coefficients for a layered composite material and the subsequent validation of the mathematical model. The Rayleigh damping model was chosen to calculate the damping coefficients. The choice is due to the fact that the resulting stiffness and mass matrix is determined by the natural oscillation modes of the problem without attenuation, which makes it possible to split the modes into separate dynamic subtasks. A sample made according to the ASTM standard was chosen as the object of study. To increase an error of the calculation, the mathematical model of the sample was modeled in detail by the finite element method using the technique of layer-by-layer modeling. The method for determining the damping coefficients is carried out in three stages. At the first stage, with the help of modal analysis, the natural oscillation modes are determined, corresponding to the nature of the oscillation studied in the experiment. At the second stage, an implicit dynamic analysis with default damping parameters in order to calculate the damping ratio is performed. At the last stage, a steady-state dynamic analysis taking into account the characteristics obtained in the previous stages. Next, an iterative process begins, including implicit and steady-state dynamic analyses, performed alternately. At each step, the previously calculated Rayleigh proportionality coefficients are introduced into the model. As a result of the identification of the mathematical model, the damping coefficients α and β are calculated. The damping experiment was chosen as a validation problem. The damping ratio ζ was chosen as the criterion of convergence with the experimental data.