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Global Ballistic Composites Market Report, Market Size, Share, Trends, Analysis and Forecast to 2028
The essential organs of a person can be protected by using contemporary ceramic and ceramic-based materials, which are light and strong and offer a suitable level of protection against the penetration and impact of bullets by ballistic materials. The addition of armour to vehicles is now necessary due to modern trends, which eliminates the need for hefty mass weights and excessive bulk steel utilisation. A higher level of ballistic protection and weight reduction might be achieved by swapping out the armoured steel for new ballistic materials, which would also improve mobility and make it easier to mount more battle gear which provides an encouraging growth for the market.
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By geography, Europe is projected to have the highest CAGR over the forecast period; owing to Developing nations in the area are eventually concentrating on improved combat solutions and new technology development as a result of a growing awareness of the lives of deployed soldiers and vehicles. The economic dynamics of nations like Germany and the UK continue to account for the majority of the economic activity in Europe, despite the fact that the current situation is changing as a result of a rise in foreign direct investment for the expansion of Europe's economy. In addition increasing R&D and mass production of ballistic composites in this region are driving the market.
Some of the key players profiled in the Ballistic Composites Market include DuPont, DSM, Honeywell International Inc, Teijin limited, SOLVAY, TenCate Protective Fabrics, Morgan Advanced Materials, BAE Systems, MKU Limited, ArmorSource, LLC, Craig International Ballistics Pty Ltd., ELMON, JPS Composite Materials, MKU Limited, Gaffco Ballistics, Southern States, LLC and Barrday Inc.
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