The Future of Ballistic Composites Market in the forecast period (2020-2025) as predicted by Stratview Research

The report on Ballistic Composites to be published by Stratview Research focusses on current trend insights and also predicts about the market condition and its future in the forecast period of 2020 – 2025

Click here to get a Free Sample of the report (additional insights inside): https://www.stratviewresearch.com/Request-Sample/643/ballistic-composites-market.html

The Market is Segmented by Fiber Type (Aramid Fiber, UHMPE Fiber, Glass Fiber, and Others), by Matrix Type (Polymer Matrix, Polymer-Ceramic, and Metal Matrix), by Application Type (Vehicle Armor, Body Armor, Helmets & Face Protection, and Others), and by Region (North America, Europe, Asia-Pacific, and Rest of the World).

Get a description of the report here: https://www.stratviewresearch.com/643/ballistic-composites-market.html

Fiber Type Segment
Based on the fiber type, the market is segmented as aramid fiber, UHMPE fiber, glass fiber, and others. The aramid fiber segment held the largest share of the market in 2018, and is expected to remain dominant during the forecast period owing to its extensive use in the helmets, shields, and vest protection applications.

Matrix Type Segment
Based on the matrix type, the market is segmented as polymer matrix, polymer-ceramic, and metal matrix. The polymer matrix segment is expected to remain dominant during the forecast period owing to its exceptional properties such as lightweight, temperature-resistant, low friction and high durability. Polymer matrix are extensively used in applications such as helmets and body vests.

Application Type Segment
Based on the application type, the ballistic composites market is segmented as vehicle armor, body armor, helmets & face protection, and others. The vehicle armor segment leads the market as there is an enormous need to protect the vehicles from missiles, bullets, grenades and other ammunitions. Further, the lightweight property of composite materials in the military vehicles leads to better fuel efficiency and ease in mobility.

Region Wise Segment
In terms of regions, North America is estimated to lead the ballistic composites market during the forecast period. The USA is the growth engine of the region’s market owing to the world’s largest defense spending, significant investment towards research and development, and presence of a large number of ballistic composite suppliers. Asia-Pacific is expected to witness the highest growth during the forecast period owing to increasing defense budget, offset policies in countries such as India, rising tension among the countries in the region, and growing demand for advanced materials for body and vehicle armor.

Check the Table of Contents to browse through the report better: https://www.stratviewresearch.com/toc/643/ballistic-composites-market.html

Highlights of the Report:
Ballistic composites market is likely to witness an impressive CAGR of 7.6% during the forecast period. The growing demand for ballistic composites in personal safety owing to their high strength and lightweight properties drives the ballistic composites market globally.

Some of the major ballistic composite manufacturers are Honeywell International Inc., BAE Systems plc, Koninklijke Ten Cate bv, Koninklijke DSM N.V., E. I. du Pont de Nemours and Company, Morgan Advanced Materials, Southern States, LLC, Barrday Corporation, PRF Composite Materials, and Gaffco Ballistics Inc.

Features of the Report
This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools.
Based on the research, a proper report is crafted with the following key features:
• Market structure: Overview, industry life cycle analysis, supply chain analysis
• Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
• Market trend and forecast analysis
• Market segment trend and forecast
• Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
• Attractive market segments and associated growth opportunities
• Emerging trends
• Strategic growth opportunities for the existing and new players
• Key success factors

Know more about us and our reports:
Stratview Research is known to offer its insightful reports and custom researches in some of important industry sectors such as aerospace & Defense, Advanced Materials, Aerospace & Defense, Automotive & Mass Transportation, Consumer Goods, Construction & Equipment, Electronics and Semiconductors, Energy & Utility, Healthcare & Life Sciences, and Oil & Gas. Whether it is collection of data or analysis of the trends, the expert team makes sure to put in its best efforts to come up with the best results for the interested clients.

400 Renaissance Center,
Suite 2600,
Detroit, Michigan, MI 48243
United States of America
Phone No. +1-313-307-4176
Email-sales@stratviewresearch.com

Stratview Research is a global market intelligence firm offering a wide range of services including syndicated market reports, consulting, sourcing intelligence, and customer research.

This release was published on openPR.