DUBLIN--(BUSINESS WIRE)--The "Ballistic Composites Market Analysis By Product (Polymer Matrix Composite (PMC), Polymer-Ceramic Matrix Composite (CMC), Metal Matrix Composite (MMC)), By Application, And Segment Forecasts, 2015 - 2025" report has been added to Research and Markets' offering.
The global ballistic composites market is expected to reach USD 2.18 billion by 2025
Unstable geopolitical relations, increasing cross-border tensions have forced nations to strengthen their defense units. Providing lightweight, efficient and advanced combat equipment has been on top priorities of most of the developed as well as developing countries. This has triggered the use of ballistic composites over the past few years.
Several factors, like the propensity of the composite armor of supporting the weight of an externally attached component, anchoring composite armor with a platform, safeguarding of ballistic weaknesses at panel joints and corners are taken into consideration while product designing and production are executed.
Ballistic vests are envisioned to deflect bullets from several types of guns, while armored vehicles must withstand projectiles, shells fired from tanks and roadside bombs. The layout of ballistic materials thus presents challenges familiar to any composites manufacturer.
North America is slated to account for larger market share. Active involvement of the U.S. military to counter terror threats is expected to fuel the product demand. Rising pressure on the U.S. government to maintain its military dominance is also expected to drive the regional market.
Major companies in the global ballistic composites market include DuPont, Teijin, DSM and Honeywell International. The market can be characterized by increasing R&D spending and continuous efforts for new product development.
Key Topics Covered:
1 Methodology and Scope
2. Executive Summary
3. Ballistic Composites Market Variables, Trends & Scope
4. Ballistic Composites: Product Estimates & Trend Analysis
5. Ballistic Composites: Application Estimates & Trend Analysis
6. Ballistic Composites: Regional Estimates & Trend Analysis
7. Competitive Landscape
8. Company Profiles
Honeywell International Inc.
- BAE Systems
- Morgan Advanced Materials
- Southern States, LLC
- Barrday Corporation
- PRF Composite Materials
- Gaffco ballistics
- M Cubed Technologies, Inc.
- MKU Limited
- Royal Ten Cate NV
- Teijin Limited
For more information about this report visit https://www.researchandmarkets.com/research/rrlgvw/ballistic