Characteristics of both thermoplastic and thermoset composite materials as they pertain to marine vehicle applications are discussed. Comparison of various material selection factors such as strength, damage and moisture resistance, and flammability and toxicity as well as cost and availability of thermoset and thermoplastic composite materials are presented. Methods for testing and reducing the flammability and toxicity are discussed. Many commercially available composite systems are reported to provide favorable characteristics for marine applications. Although there seems to be a need for improved production technology for thermoplastics, they present potential advantages in physical properties over thermoset composites.