Ballistic Composites Market Set to Surge to $3.1 Billion by 2027
The global ballistic composites market size is expected to grow from USD 2.0 billion in 2022 to USD 3.1 billion by 2027, at a CAGR of 8.6% during the forecast period. The high growth of ballistic composites can be attributed to substantial demand from military and defense applications. Increased threats from asymmetric warfare, regional conflicts, riots, and terrorism are increasing the...
Ballistic Composites Market Analysis, Growth, Future Trends, Segmentation, Emerging Technology by 2021
Ballistic Composites Market is projected to reach USD 1.80 Billion by 2021, growing at a CAGR of 7.12%, from 2016 to 2021. The rising demand for ballistic composites in personal protection due to its light weight and high strength properties is the major driver for the growth of the ballistic composites market.
Browse 62 market data tables and 38 figures spread through 133 pages and in-depth TOC...
Ballistic Composites Market: Major Share is owned by Polymer Matrix
According to the new market research report “Ballistic
Composites Market by Fiber Type (Aramid, UHMWPE, S-Glass),
Matrix Type (Polymer, Polymer-Ceramic, Metal), Application (Vehicle Armor, Body
Armor, Helmet & Face Protection), and Region – Global Forecast to 2021″,
published by MarketsandMarkets™,
The Ballistic Composites Market is projected to reach USD 1.80 Billion...