Asia Pacific is the fastest growing market for ballistic composites. China is expected to increase its military spending by 7% from US$ 210 billion to US$ 224.7 billion over the following years.
Ballistic Composites Market - Global Industry Insights, Trends, Outlook, 2018-2026 Ballistic composites are the raw materials for several military applications such as law enforcement vests, helmets, and body and vehicle armors. These materials absorb the impact energy caused by explosives. Ballistic composites are predominantly used by military and law enforcement organizations. These composites are restricted to use by civilians, as several countries have rules and regulations barring civilians from possessing armors in most countries. This in turn, is expected to restrain growth of the market. Advancements in technology related to combat weapons and explosives over the recent past is increasing the threat at the battlefield. This in turn is increasing the demand for protective equipment to counter highly enhanced weapons, thus boosting growth of the ballistic composites market. Moreover, increasing demand for lightweight and flexible armor to enable mobility is augmenting market growth. Request For Sample Copy of this Research Report : https://www.coherentmarketinsights.com/insight/request-sample/570 Aramids are synthetic high performance fibers that have rigid polymer chains. These fibers offer heat resistant properties, due to which they are widely used in aerospace applications. Growing aerospace industry is expected to boost demand for these fibers. Glass fiber are transparent and are resistant to penetration. They are commonly used to make bulletproof glasses for automobiles and buildings. M5 fiber is used for a special purpose body armor due to its flame and thermal resistance. It is comparatively lighter than other fibers. Some of the major players operating in the global ballistic composite market include BAE Systems, Barrday Corporation, DSM, Dupont, FY Composites OY, Gaffco Ballistics, Gurit, Honeywell International Inc., M Cubed Technologies, Inc., MKU Limited, Morgan Advanced Materials, PRF Composites, Royal Ten Cate NV, Southern States LLC, and Teiji. For More Information: http://bit.ly/2MIIuBd About Coherent Market Insights: Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity. Contact Us: Mr. Shah Coherent Market Insights 1001 4th Ave, #3200 Seattle, WA 98154 Tel: +1-206-701-6702 Email: [email protected]