Ballistic Composites Market Recent Industry Developments and Growth Strategies Adopted by Players According to Stratistics MRC, the Global Ballistic Composites Market is accounted for $1.32 billion in 2017 and is expected to reach $2.82 billion by 2026 growing at a CAGR of 8.8% during the forecast period.
BriefingWire.com, 4/08/2021 - According to Stratistics MRC, the Global Ballistic Composites Market is accounted for $1.32 billion in 2017 and is expected to reach $2.82 billion by 2026 growing at a CAGR of 8.8% during the forecast period. Growing demand in personal protection and rising threat from growing internal and external conflicts are some of the factors fueling the market growth. However, high costs and failure to provide complete protection are hampering the market growth in this region.