BALLISTIC COMPOSITES MARKET ANALYSIS

Market Challenges And Opportunities

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.

Ballistic composites are used in military operations. Military vehicles are reinforced with ballistic composites for better performance. Growing demands for efficient and strong military force in every country around the world, is increasing the demand for ballistic composites, in turn, boosting market growth.