Ballistic Composites Market will register a CAGR of 4% during 2020-2024. The market’s growth momentum will Accelerate.
demand from aerospace and defense industry will be one of the major factors driving the growth of this market. Additionally, key Ballistic Composites Market trends such as the use of nano-composites will also influence market growth during the forecast period.
Ballistic Composites Market Size
During the forecast period, the Ballistic Composites Market size will grow by USD 375.23 mn.
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Ballistic Composites Market : Vendors
The market is fragmented and owing to the growth opportunities, the level of competition among the companies in this market space will intensify further. are some of the major companies in the Ballistic Composites Market. Though the forecast period offers opportunities for vendors to increase their market share, factors such as the will also challenge the growth of the companies.
3M Co. | BAE Systems Plc | CoorsTek Inc. | DuPont de Nemours Inc. | Gurit Holding AG | Honeywell International Inc. | Morgan Advanced Materials Plc | Koninklijke DSM NV | Tennessee Acquisition Holding BV | Solvay SA.list
are some of the companies covered in Technavio’s Ballistic Composites Market report for 2020-2024.
Ballistic Composites Market : Region-level Analysis
The report identifies region-level market dynamics, developments, and key markets. The regional level analysis also identifies the market share, growth momentum, and key leading countries in the Ballistic Composites Market.
The North America will account for the largest Ballistic Composites Market share and during 2020-2024, the region will contribute to 36% of the market’s growth.