Global Ballistic Composites Market Overview:

According to market analysts, Global Ballistic Composites Market is projected to grow at a high CAGR value from 2019 to 2025.

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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.

The Ballistic Composites Market is segmented based on Fiber Type, Matrix Type, Application and Region. On the basis of fiber type, the market is sub-segmented into Aramid, UHMPE, Glass and Others. Aramid fiber has the largest share in the global ballistic composites market and the market for aramid fiber ballistic composites is projected to grow at the highest CAGR in terms of both, value and volume.

On the basis of matrix type, the market is sub-segmented into Polymer, Polymer-ceramic and Metal. Owing to the advantageous properties offered, polymer matrix composites were estimated to be the largest segment of the ballistic composites market, by value as well as volume.

Regionally, North America accounted for the largest market share in ballistic composites, globally. The growth of the ballistic composites market in this region is driven mainly by established players in this region.

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Key Players:

1 Honeywell International Inc.

2 Royal Ten Cate NV

3 Dupont

4 DSM

5 Gurit

6 BAE Systems

7 Teijin

8 Morgan Advanced Materials and More...

Key Regions:

1 North America

2 Europe

3 Asia-Pacific

4 South America

5 Middle East & Africa

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Key Questions Answered in this Report:

1 What will the market size and the growth rate be in 2025?

2 What are the key factors driving the Ballistic Composites Market?

3 What are the challenges to market growth?

4 Who are the key vendors in the market?

5 What are the latest market trends?

Table of Content:

1 Industry Overview

2 Ballistic Composites Market by Type

3 Global Market Demand

4 Major Region Market

5 Major Companies List

6 Conclusion

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