Ballistic Composites Market to Expand at a CAGR of 7.20% to 2021 Due to Rise in Textiles Industry

Albany, NY,11th January : Recent research and the current scenario as well as future market potential of "Global Ballistic Composites Market 2017-2021" globally.

Ballistic composites are a combination of two or more materials with different properties different. These materials have a high stiffness and tensile strength, low density, high thermal and electrical conductivity, and adjustable coefficient of thermal expansion.

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They are also resistant to corrosion and are stable at high temperatures. Ballistic composites are classified based on matrix and filler materials. In recent years, the use of ballistic composites in PMC has increased and is expected to witness growth during the forecast period

Technavios analysts forecast the global ballistic composites market to grow at a CAGR of 7.20% during the period 2017-2021.

Covered in this report
The report covers the present scenario and the growth prospects of the global ballistic composites market for 2017-2021. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:
APAC
Europe
North America
ROW

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Technavio's report, Global Ballistic Composites Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
BAE Systems
Gurit
Honeywell International
Koninklijke Ten Cate
Royal DSM

Other prominent vendors
II-VI M Cubed
Barrday
FY-Composites
Gaffco Ballistics
JPS Composite Materials
Matrix Composites
Morgan Advanced Materials
Plastic Reinforcement Fabrics
Southern States
TEIJIN

Market driver
Growing demand from aerospace and defense industry
For a full, detailed list, view our report

Market challenge
Premium pricing of high-performance ballistic composites
For a full, detailed list, view our report

Market trend
Use of nanocomposites
For a full, detailed list, view our report

Browse Report @ https://www.researchmoz.us/global-ballistic-composites-market-2017-2021-report.html

Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?

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This release was published on openPR.