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Ballistic Composites Market Size, Industry Report by Share, Growth, Key Regions, Segments, Trends, Technology and Forecast till -2027 | BAE Systems, Barrday Corporation, DSM, Dupont

05-24-2021 12:45 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: coherenet market insights

Ballistic Composites Market Size, Industry Report by Share,

Ballistic composites are the raw materials for several military applications such as law enforcement vests, helmets, and body and vehicle armors. These materials absorb the impact energy caused by explosives. Ballistic composites are predominantly used by military and law enforcement organizations. These composites are restricted to use by civilians, as several countries have rules and regulations barring civilians from possessing armors in most countries. This in turn, is expected to restrain growth of the market.

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Some of the major players operating in the global ballistic composite market include BAE Systems, Barrday Corporation, DSM, Dupont, FY Composites OY, Gaffco Ballistics, Gurit, Honeywell International Inc., M Cubed Technologies, Inc., MKU Limited, Morgan Advanced Materials, PRF Composites, Royal Ten Cate NV, Southern States LLC, and Teiji.

Key Developments:

In 2019, United Shield, one of the leading manufacturer of personal ballistic and fragmentation protection equipment, had launched the E.R.T shield. This product will be delivered in various US Firearms Units as it satisfies the requirement for a lighter, more versatile ballistic shield without degrading the product’s strength, integrity and toughness.

In May 2017, DSM had expanded its research and development capabilities of its Dyneema ballistic materials specifically for application in helmets. With this expansion, the company had demonstrated their commitment to support global armor manufacturers who are looking to manufacture next generation hug performance, lightweight helmet designs.

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In August 2014, Gurit, an innovator and developer of the composites industry, had launched its ballistic protection prepeg named PF700 at 2014 Composites Europe. Rising need to reduce the weight of armoured vehicles has increased the demand of ballistic composites. This product launch will help the company to cater to the increasing use of such composites.

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Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.

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