DUBLIN--(BUSINESS WIRE)--The "Global Ballistic Composites Market 2017-2021" report has been added to ResearchAndMarkets.com's offering.
Global ballistic composites market to grow at a CAGR of 7.2% during the period 2017-2021.
The report 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.
According to the report, one driver in the market is growing demand from aerospace and defense industry. Ballistic composites are widely used in vehicle armors and body and engines of aircraft due to their superior properties over metals and alloys. Furthermore, these materials can withstand higher temperatures and are lighter than metals and alloys. Therefore, they are used for manufacturing advanced ballistic protection equipment and high-pressure turbines. This helps reduce fuel burn and emissions and increases the overall energy efficiency of the engines
One trend in the market is use of nanocomposites. Continuous improvements in nanotechnology have resulted in innovations in the nanocomposites market. Nanocomposites are gaining popularity as they are recyclable and can be processed at low costs for various applications ranging from drug delivery to corrosion prevention of metals.
Further, the report states that one challenge in the market is premium pricing of high-performance ballistic composites.
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
Key Topics Covered:
Part 01: Executive Summary
Part 02: Scope of the Report
Part 03: Research Methodology
Part 04: Introduction
Part 05: Market Landscape
Part 06: Market Sizing
Part 07: Market Segmentation by Matrix Type
Part 08: Regional Landscape
Part 09: Decision Framework
Part 10: Drivers and Challenges
Part 11: Market Trends
Part 12: Vendor Landscape
Part 13: Key Vendor Analysis
For more information about this report visit https://www.researchandmarkets.com/research/f2ct59/global_ballistic?w=4