Press release
Global Ballistic composites Market 2018 Top Companies are Honeywell International Inc., BAE Systems, Royal Ten Cate NV, DSM, Gurit, Dupont, Teijin, Morgan Advanced Materials, Southern States LLC, Barrday Corporation, PRF Composites
Global Ballistic composites Market
New research report of Global Ballistic composites Market Analysis with Top Companies as recent as 2017 and forecasts up to 2024 that helps you track the unprecedented growth seen in Chemical and Materials Industry giving you an edge to not just compete but to outmatch the competition.
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Global Ballistic composites Market By Matrix Type (Polymer Matrix Composites, Polymer-Ceramic, Metal Matrix); By Fiber Type (Aramid
Fibers, UHMPE, Glass, Others); By Application (Vehicle Armor, Body Armor, Helmets & Face Protection, Others); By Geography (North America, Europe, Asia-Pacific, Europe, South America, Middle East and Africa) – Industry Trends and Forecast to 2024
TOP Competitors of Market:
Some of the major players in the ballistic composites market include
• Honeywell International Inc.,
• BAE Systems,
• Royal Ten Cate NV,
• DSM,
• Gurit,
• Dupont,
• Teijin,
• Morgan Advanced Materials,
• Southern States LLC,
• Barrday Corporation,
• PRF Composites,
• Gaffco Ballistics,
• M Cubed Technologies, Inc.
• FY Composites OY,
• MKU Limited,
• ArmorSource,
• Elmon and many more.
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Competitive Landscape:
The global ballistic composites market is highly consolidated with the presence of a limited number of players. These major players have
adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.
Major Market Drivers:
• Increasing demand for personal protection
• Growing threats from the internal and external conflicts
• Rising investment in the defense products
Market Segmentation:
On the basis of matrix type:- Polymer matrix composites, polymer-ceramic, metal matrix. Polymer matrix is expected to grow at the highest
CAGR over the forecast period.
On the basis of fiber type:- Aramid fibers, UHMPE, glass, others. Others include M5 and Hybrid.
On the basis of application:- Vehicle armor, body armor, helmets & face protection, others.
Vehicle armor is further segmented:- marine vehicle armor, land vehicle armor and air vehicle armor. Body armor is further segmented into body vests, shields and protective under garments.
On the basis of geography:- North America, South America, Europe, Asia-Pacific and Middle East & Africa. U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others.
Market Definition:-
Ballistic composites are required to be the lightweight and resistant and damage tolerant. Military forces are the major users of the ballistic composites. Increasing investment in the defense products will drive the growth of the market over the forecast period. Ballistic composites are used in vehicle armor, helmets, face protection and body armor.
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About Data Bridge Market Research:
Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavors to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process.
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"Global Ballistic Composites Market 2017-2021" with coming years Industries Trends, projections of Global Growth, Major key player and Case study, Review, Share, Size, Effect.
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-About Ballistic Composites
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